Climate Change Data

INVEX Controladora, S.A.B. de C.V.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental, Social, and Governance (ESG)

Environmental Achievements

  • Ammper Energía implemented goals aligned with the UN Sustainable Development Goals (SDGs), including SDG 7 (Affordable and Clean Energy), SDG 13 (Climate Action), and SDG 9 (Industry, Innovation, and Infrastructure). They have a plan for emission reduction by 2030 and report according to the Global Reporting Initiative (GRI) guidelines.
  • Banco INVEX was recognized as a Socially Responsible Company.

Social Achievements

  • Launched Now Bank, a digital bank with 100% remote account opening.
  • Launched INVEX Trade portal, updating the interface for clients to buy and sell shares of national and international issuers, as well as investment companies.
  • Opened representative offices in León, Culiacán, and Cancún for fiduciary services.
  • Segmented Private Banking into two: Private and Patrimonial, to offer clearly differentiated products to each segment.

Governance Achievements

  • Implemented AI modules in the collection area.
  • Updated the core banking system, migrating to a layered model that allows for the “APIfication” of services.
  • Renewed servers to increase redundancy and speed.
  • S&P Global Ratings increased INVEX Controladora's rating from mxA to mxA+.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Continue growing in the electricity supply business in Mexico and Texas.
  • Advance in electrical infrastructure investments.
Short-term Goals:
  • Increase participation in the Consumption segment.
  • Implement solutions to simplify financial transactions for clients.

Environmental Challenges

  • Economic and political risks in Mexico (inflation, currency volatility, interest rates, etc.)
  • Competition in financial services and energy sectors.
  • Changes in government regulations (financial and energy sectors).
  • Credit risk (potential defaults by borrowers).
  • Operational risk (system failures, errors, legal issues).
  • Cybersecurity risks.
  • Liquidity risk.
  • Climate-related risks (extreme weather, regulatory changes).
  • Foreign exchange rate fluctuations.
  • Potential loss of key personnel.
  • Difficulty monetizing assets in the Investments division.
  • Dependence on timely payments from government entities in Public-Private Partnerships (PPPs).
  • Limited information on some investments.
  • Risk of non-compliance with CNBV and BMV requirements.
Mitigation Strategies
  • Conservative risk management.
  • Diversification of business portfolio.
  • Established procedures for mitigating credit risk (internal evaluations, expected loss measurements).
  • Procedures to mitigate operational risk (identification, modification, and control of potential losses).
  • Business continuity plan.
  • Robust IT infrastructure and cybersecurity measures.
  • Liquidity management strategies (long-term financing, high-liquidity government instruments, reporto operations).
  • ESG integration into business strategy.
  • Refinancing of Amozoc-Perote highway concession (Gana).
  • Total divestiture of Jaguar Solar photovoltaic portfolio.
  • Development of real estate projects.

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI)

Certifications: Empresa Socialmente Responsable (ESR)

UN Sustainable Development Goals

  • SDG 7
  • SDG 13
  • SDG 9

Ammper Energía's initiatives contribute to these goals through sustainable energy solutions, emission reduction plans, and infrastructure projects.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Banco INVEX recognized as a Socially Responsible Company.