Banorte Signs Agreement with the Mexican Carbon Platform, MEXICO2 for Environmental Commitment

Aug 28, 2015 3:30 PM ET
Campaign: Valor Ambiental
Banorte and Mexico2 protect together to black bear in Coahuila/Photo by: Mexico2

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August 28, 2015 /3BL Media/ - Last August 25, an agreement was signed between Banorte and the Mexican carbon platform, MEXICO2, to support the protection program for the black bear in the Zapaliname Mountains of Coahuila. This socio-environmental campaign was developed by the non-profit organization PROFAUNA (Protección de la Fauna Mexicana A.C.), which will receive an annual donation for 4 years through AyuDamos trust to support program activities.

This project is among the environmental campaigns that MEXICO2 promotes, authorized by the platform’s Technical Committee formed by: Grupo BMV, UNEP (United Nations Environment Program), the British Embassy in Mexico and SEMARNAT (Secretariat of Environment and Natural Resources), among others.

MEXICO2 facilitates the access of businesses and civil organizations interested in investing in the country’s natural capital, to various high-impact socio-environmental campaigns, that offer traceability, periodic reporting, and measurement of results in their activity programs.

With this agreement, Banorte reinforces its commitment to sustainability by undertaking actions that contribute to the conservation of our planet’s ecosystems and Mexico’s biodiversity.

Mexico has three subspecies of black bears in danger of extinction.  The black bears’ territory included 8 Mexican states, but currently a shift towards Durango and a sparse population in four states has been recorded.

The black bear is an especially sensitive species in Coahuila, given their habitat is very large, their care requires a large amount of resources. It is also considered an "umbrella species" because they cover large areas in their daily and seasonal movements and they are very vulnerable to hunters and changes in habitat affecting both their prey and water sources. It is a key species that contributes to the integral structure and function of the ecosystem. 

Currently, the black bear’s plight is being studied using sensor cameras but has not been useful in determining their routes and establishing priority conservation areas.

Banorte enthusiastically supports this initiative as part of its commitment to social responsibility in favor of the environment to make a stronger Mexico.