Climate Change Data

Gentera, S.A.B. de C.V.

Climate Impact & Sustainability Data (2011, 2014)

Reporting Period: 2011

Environmental Metrics

Total Carbon Emissions:6,217.9 tCO2e/year
Scope 1 Emissions:1,632.3 tCO2e/year
Scope 2 Emissions:2,698.7 tCO2e/year
Scope 3 Emissions:1,886.9 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:5,336.5 MWh/year
Water Consumption:116,240.1 m3/year
Waste Generated:312.0 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Social Value
  • Economic Value
  • Human Value
  • Sustainability
  • Corporate Governance
  • Environment

Environmental Achievements

  • Established a system of environmental performance indicators in its main office.
  • Planted 2,000 pine trees and 3,000 other plants with the support of 381 volunteers.
  • Donated 174 computers to various organizations.

Social Achievements

  • Expanded operations to Guatemala and Peru.
  • Served 2,455,292 clients, a 25.1% increase from 2010.
  • Made 7,057,085 loan disbursements, a 24% annual growth.
  • Maintained weekly contact with 81.1% of clients.
  • Occupied first place in the Mexico ranking of the Great Place to Work Institute for the second year in a row.
  • Channeled more than Ps. 2.9 million into social projects, impacting over 938,711 people.
  • Supported 15 different institutions through Compartamos with the Family Open Call.
  • Benefited approximately 66,713 people through 24 ‘Compartamos with the Community Days’.

Governance Achievements

  • 69% of directors were independent.
  • Board of Directors comprised four committees, three chaired by independent directors.
  • Compartamos Banco became a member of the Companies Circle of the Latin American Corporate Governance Roundtable.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased competition in the microfinance sector.
  • Maintaining and increasing client base.
  • Non-performing loan ratio increased from 1.98% to 2.60%.
  • Economic uncertainty and volatility.
Mitigation Strategies
  • Implemented five initiatives: Eco Project (technology for efficiency), SAP investment (customer service improvement), Yastás (branchless banking), urban product expansion (new client segments), and savings capture program.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Suppliers sign a code of ethics in Mexico and Guatemala.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Redes Sociales, A.C.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Effie Award Mexico (2010 campaign)
  • First Place in the Mexico ranking of the Great Place to Work Institute (two years in a row)

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:5,111 tCO2e (Scope 1) + 10,586 tCO2e (Scope 2)
Scope 1 Emissions:5,111 tCO2e
Scope 2 Emissions:10,586 tCO2e
Total Energy Consumption:24,713,459 kWh
Water Consumption:8.3 million m3
Waste Generated:95,410 kg (12% recycled)

ESG Focus Areas

  • Financial Inclusion
  • Education (Financial, Formal, Entrepreneurial)
  • Human Capital Development
  • Corporate Social Responsibility
  • Environmental Sustainability
  • Corporate Governance

Environmental Achievements

  • 93% of construction waste was recycled or donated.
  • Reforestation of six hectares in the Nevado de Toluca.

Social Achievements

  • Over 236,000 people benefited from social responsibility projects.
  • Over 1 million Crédito Mujer clients benefited from Personal Finances Workshop.
  • 13,000+ employees participated in volunteering activities.
  • 2,000 scholarships granted for entrepreneurs through Proempleo.
  • First place in Great Place to Work ranking for finance sector companies.
  • Family Responsible Company Award granted by NCH & Partners.

Governance Achievements

  • Improved governance model to align with operational services strategy.
  • Increased number of committees supporting the Board of Directors.
  • Creation of the Committee of Information Systems and Technology and the Committee of External Relations and Social Responsibility.
  • Board of Directors comprised of 13 members, 7 of whom are independent (54%), with 2 women (15.4%).
  • Smart Campaign Certification for Compartamos Banco.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Maintain and improve number of beneficiaries in social responsibility projects.
  • Modification of 3,500 stores to conduct financial operations (Yastás).
  • 80% of financial correspondents with at least five financial operations per month (Yastás).
Short-term Goals:
  • 100% of new employees receive induction in company philosophy.
  • Replicate Hogares Physical-Urban Intervention Models in six additional regions.

Environmental Challenges

  • Macroeconomic uncertainties and slow growth.
  • Ratio of non-performing loans increased slightly (3.28% vs 3.12% in 2013).
  • Liquidity risk susceptibility to macroeconomic, market, and internal crises.
  • Natural disasters impacting infrastructure and operations.
  • Climate change posing physical and economic risks.
Mitigation Strategies
  • Strict controls in credit origination and employee training programs.
  • Business continuity plan, database changes in branches, and allocation of funds to manage risks.
  • Strengthened risk management process and adaptable contingency plan.
  • Supplier evaluation to verify environmental performance, social responsibility, and human rights compliance.
  • Actions to mitigate negative impacts in the supply chain, including supplier exchange.

Supply Chain Management

Supplier Audits: 16.1% of suppliers evaluated on environmental, human rights, and labor practices.

Responsible Procurement
  • Code of Ethics and Conduct for suppliers.
  • Supplier induction process.

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters threatening infrastructure.
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 (Core)

Certifications: Smart Campaign Certification (Compartamos Banco)

Third-party Assurance: Valora Consultores

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Socially Responsible Company Distinction (Cemefi)
  • Listed in Sustainable Index of the Mexican Stock Exchange
  • Best Microfinance Bank (LatinFinance)
  • Great Place to Work awards
  • Family Responsible Company Award