Report: The financial sector's central role in tackling ESG issues in Mexico

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Environmental, social and governance issues are a growing focus in Mexico, particularly social inclusion and transparency, followed by other governance and environmental matters. The financial sector has taken a leadership role in this space by pursuing voluntary initiatives to bolster anti-corruption efforts and encourage the adoption of ethics codes in the sectors in which it operates. It also provided critical support for Banco de México’s programmes to aid small and medium-sized enterprises during the pandemic and facilitate secure and transparent remittances. Notably, it was among the first in Latin America to issue green and sustainable bonds as part of its commitment to the 2030 Agenda for Sustainable Development.

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