Nacional Financiera S.N.C., I.B.D.

Unverified
XFID Unique Identifier for Nacional Financiera S.N.C., I.B.D.: XONKTG607A
Sector
Banks
Website
mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com
5 Second Party Opinions
1 Certification
XFID Type Title Year Source Retrieved
XF-NGCAOHF-D Second Party Opinion Nacional Financiera S.N.C., I.B.D. - Second-Party Opinion 2025 www.sustainablefitch.com 30 Mar 2026
XF-HRQI8E5-Y Second Party Opinion Nacional Financiera S.N.C., I.B.D. Second Party Opinion (2025) 2025 www.sustainablefitch.com 30 Mar 2026
XF-R8WEA6S-H Certification Nacional Financiera — UoP Verifier Report (Wind) 2015 www.climatebonds.net 13 Mar 2026
XF-WJJWR08-G Second Party Opinion Nafin Green Bond 2015 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-RA3AGBO-X Second Party Opinion NAFIN Sustainability Bond Framework Second-Party Opinion (English) (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-YNQBWXN-D Second Party Opinion NAFIN Sustainability Bond Framework Second-Party Opinion (Spanish) (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026

XF Company Profile

Extra-financial information found across 6 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Nacional Financiera S.N.C., I.B.D.; Mexico Second-Party Opinion (SPO) 2025
Issuer sector/industry classification
Financial & Insurance Activities Second-Party Opinion (SPO) 2025
Issuer type
Bank; Development Finance Institution Second-Party Opinion (SPO) 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Sustainability Bond Framework; 2025 version Second-Party Opinion (SPO) 2025
Bond types covered under framework
Green bonds; Social bonds; Sustainability bonds Second-Party Opinion (SPO) 2025
Eligible use-of-proceeds categories
Clean Transportation; Energy Efficiency; Renewable Energy; Sustainable Waste Management; Access to Essential Services; Micro, Small and Medium Enterprises; Women's Empowerment and Socioeconomic Progress Second-Party Opinion (SPO) 2021
Project evaluation and selection process description
Nafin has a defined project evaluation and selection process with transparent eligibility criteria; 88% of personnel responsible have sustainability experience; process complies with best practices for monitoring socio-environmental risks Second-Party Opinion (SPO) 2025
Management of proceeds approach
Virtual resource segregation system implemented; best practice would include separate bank accounts for tagged proceeds Second-Party Opinion (SPO) 2025
Reporting commitments under framework
Annual consolidated reporting on allocation and impact of tagged emissions Second-Party Opinion (SPO) 2025
Exclusion criteria for ineligible projects or sectors
Nafin has defined an exclusion list focused on social aspects Second-Party Opinion (SPO) 2025
Refinanced vs. newly financed project distinction
Framework permits refinancing of existing debt; no maximum percentage of refinancing defined; SPO notes preference for new projects to increase positive socio-environmental impact Second-Party Opinion (SPO) 2025
Sustainable finance taxonomy used
Mexican taxonomy; EU taxonomy; UN Sustainable Development Goals Second-Party Opinion (SPO) 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainable Fitch; 2025 Second-Party Opinion (SPO) 2025
SPO preliminary evaluation or credibility rating
Framework is credible and impactful; Use of Proceeds rated Excellent; Project Selection rated Excellent; Fund Management rated Good; Reporting and Transparency rated Excellent Second-Party Opinion (SPO) 2025
SPO provider name and engagement period
Sustainable Fitch; 2025 Second-Party Opinion (SPO) 2025
Assurance provider name and engagement period
Sustainalytics; 2021 and 2015 Second-Party Opinion (SPO) 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Sustainability Bond Guidelines Second-Party Opinion (SPO) 2025
Alignment with UN Sustainable Development Goals
Aligned with UN Sustainable Development Goals (SDGs); Mexican taxonomy; EU taxonomy Second-Party Opinion (SPO) 2025
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Sustainability Bond Guidelines 2021, Green Bond Principles 2021, and Social Bond Principles 2021 Second-Party Opinion (SPO) 2021
Alignment with EU Taxonomy for sustainable activities
Framework eligibility criteria are aligned with EU taxonomy Second-Party Opinion (SPO) 2025

Issuance Details

Years of green bond issuance history
Since 2015; documented frameworks in 2015, 2021, and 2025 Second-Party Opinion (SPO) 2015

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2015 Nacional Financiera Green Bond Framework →
2021 Sustainable Bond Framework of Nacional Financiera S.N.C., I.B.D (NAFIN) →
2025 Marco de Bonos Sostenibles (Sustainable Bonds Framework)
Bond types covered under framework
2015 Green Bond →
2021 Green bonds, Social bonds, Sustainability bonds →
2025 Sustainability bonds
Second Party Opinion provider name
2021 Sustainalytics →
2025 Sustainable Fitch
Alignment with UN Sustainable Development Goals
2021 SDG 4, 5, 6, 7, 8, 11 →
2025 Aligned to UN SDGs
Project evaluation and selection process description
2021 Supervised by Deputy General Manager of Issuances and International Relations; final approval by Deputy General Manager of Finance, Corporate Banking and Finance →
2025 Transparent eligibility criteria with environmental and social risk monitoring following best practices; 88% of personnel in charge have sustainability experience
Management of proceeds approach
2021 Resources to be allocated within 36 months of bond issuance; supervised by DGA of Issuances and International Relations in coordination with DGA of Finance →
2025 Virtual segregation of earmarked resources; does not use separate bank accounts