2012 Annual Report - Ixe

About this Report
This Annual Report is about Grupo Financiero Banorte’s challenges, initiatives, results and
commitments in the financial, social and environmental areas that its activities encompass.
This is our third integrated Report and the fourth prepared under version 3.1 of the Global
Reporting Initiative’s (GRI) methodology, the most recent one having been published in 2011.
In this Report, the indicators Grupo Financiero Banorte determined as material are stated
considering its operation as a financial institution.
A process of global analysis in which the Group’s CEO and Senior Management participated
was carried out to define content and relevance, and included 10 interviews aimed at defining
focus areas and aspects most relevant to GFNorte in 2012. In addition to these interviews, a
consulting firm helped us define key financial sector indicators.
The figures and initiatives contained in this Report represent the work performed and
achievements obtained from the merger of Grupo Financiero Banorte and Ixe Grupo Financiero,
which as of 2012 constitutes GFNorte’s base for a comparative measurement of the increasing
impact of its initiatives.
The measurement methods used to obtain the results are based on indicators developed by
GFNorte, as well as protocols framed in the methodology of reporting organisms like GRI and
CDP. This Report will not include the environmental results of the Group, only of Banorte and Ixe
–its subsidiaries– which combined represent more than 80% of the Groups’s profits. However, a
breakdown of GFNorte’s carbon footprint generated mainly by energy and fuel consumption
will be included in the report issued for the CDP on the dates set by it.
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