Environmental
In line with our commitment to innovation and sustainability, during 2024 we financed the acquisition of 296 trucks equipped with the International S13 Integrated Powertrain, the latest new-generation internal combustion engine, designed according to the strictest technological and regulatory standards. Thanks to its greater fuel efficiency and lower environmental impact, it is positioned as a key ally for our clients on their path to more sustainable mobility. It proved to have up to 8% better fuel efficiency1.
Although these vehicles run on diesel, they use ultra-low sulfur fuel (UBA), which allows them to meet the eligibility criteria established by the Mexican Sustainable Taxonomy, by contributing to climate change mitigation through substantial improvements in energy efficiency and reduction of polluting emissions. This classification reinforces our commitment to financing cleaner technologies and promoting a gradual transition to more sustainable and responsible transportation.
The TRATON Group is firmly committed to electromobility and emissions reduction, driving the development of innovative products and advanced technologies for a more sustainable future. As part of this strategy, International Motors already has a flagship all-electric bus and a mid-range distribution truck, also 100% electric and produced in Mexico. To accompany this evolution, TRATON Financial Services Mexico offers comprehensive services that will facilitate the energy transition, supporting its clients at every stage towards cleaner and more efficient mobility.
Starting in 2023, TRATON Financial Services Mexico identified as a strategic priority the measurement of the carbon footprint in all scopes, including the emissions generated by the financed vehicles. The objective of this initiative is to monitor and reduce greenhouse gas (GHG) emissions associated with our operations. The measurement of scopes 1, 2 and 3 contemplates the following emission sources:
1 According to International Motors Mexico (https://mexico.internationaltrucks.com/motor-s13)
We fractionate 100% of our emissions by scope, obtaining the following
percentages per year. Scope 3 represents the highest proportion within
our measurement, with a 99.9% share in both years. This percentage
includes the emissions associated with the portfolio of vehicles financed
during the period, which we are able to monitor directly with our
customers, thanks to the telemetry technology integrated into the
vehicles.
As a result of our measurement, we segmented total emissions by scope and by year,
identifying that scope 3 concentrates most of our carbon footprint, while scope 2 records
the lowest emissions.
TRATON Financial Services Mexico’s total issuances, resulting from all scopes during the periods 2023 and 2024, are as follows:
The reduction of 26,636.36 tons of CO₂e recorded in 2024 is equivalent to the amount of carbon that would be absorbed annually by approximately 2.2 million adult trees native to Mexico1. In the coming years, we will continue to measure our emissions in all scopes by actively working on their reduction, as well as promoting the use of technologies that reduce the greenhouse gas emissions generated by the financed vehicles, which are those considered in Scope 3.
1 According to the National Commission of Natural Protected Areas. For more information visit: https://www. gob.mx/conanp/articulos/dia-mexicano-del-arbol-165506?idiom=es
Social
In 2024, we were recognized in the ranking Top Companies for Women – Expansión, ranking 38th among companies with less than 500 employees, and we also ranked 22nd in the general ranking of Súper Empresas Expansión - Top Companies in the same category. This recognition evaluates organizational culture and climate through direct employee surveys, as well as an inventory of company policies, practices and programs. We are proud of this recognition and reaffirm our commitment to continue building an exceptional work environment for our employees.
In addition, at TRATON Financial Services Mexico we continued our participation in the “tapitas” collection, an initiative aimed at supporting programs for children under 21 diagnosed with cancer. During this year, we donated 140 kilograms of bottle caps, equivalent to doses of chemotherapy, contributing to the treatment of people facing this disease.
Along the same lines, the company promotes other solidarity actions among our employees, such as the collection of braids and wigs to support the Rapunzel Movement, a program that collects hair for the production of oncological wigs that are given free of charge to girls and women who need them. In 2024 we donated 2 braids to the Movement, totaling 17 braids and 1 wig donated since we began our participation in 2022, which motivates us to continue participating.
We also have employee-led volunteer groups (Employee Resource Groups - ERGs), designed to promote a diverse, inclusive environment aligned with our mission and organizational values. Currently, there are three ERGs operating within the company, focused on strengthening the sense of community, personal and professional development, and volunteer and partnership opportunities:
These initiatives are an integral part of our strategy to generate a positive impact on society and reaffirm our commitment to community well-being.
Volunteers and collaborators promoted two actions of social impact, contributing with resources to support children in vulnerable situations and fostering social inclusion:
Women in International México led the third edition of the “Women’s Day” event, bringing together collaborators from different locations. This year the event focused on strengthening the confidence and authenticity of women in the professional and personal spheres through two panels:
Young Professionals México had more than 450 active members in 2024. Throughout the year, the following events were held:
These initiatives are a fundamental part of our social responsibility strategy, reaffirming our
commitment to generate a positive impact on the community and the integral development
of our employees.
Governance
TRATON Financial Services Mexico maintains a solid and transparent Corporate Governance structure, aligned with the Code of Best Corporate Practices issued by the National Banking and Securities Commission (CNBV). Beyond complying with regulatory requirements, the Company is committed to transparency, integrity and open communication with its investors and other stakeholders.
It has also implemented a Code of Ethics, along with specific policies, to ensure integrity, ethics, and accountability in all operations and business decision-making processes:
The active participation of directors and strict compliance with governance standards ensure effective management, strengthen stakeholder confidence and contribute to the generation of long-term sustainable value for all parties involved.
Within this framework, during September we celebrated the tenth anniversary of the Annual Compliance Week, under the theme “Compliance and Beyond”, which highlighted our commitment not only to comply with regulatory standards, but also to excel in sustainability, innovation, corporate responsibility and ethical business practices.
As part of these actions, more than 352 hours of compliance training were given to 172 employees, reaffirming our commitment to corporate responsibility and the adoption of best practices at all levels of the organization.
Average hours of training per employee on compliance issues:
Percentage of hours dedicated to each subject within the total hours of Compliance training:
Corporate Governance Structure
In accordance with the Company’s bylaws, the Board of Directors is the highest authority in matters of corporate governance. Its main responsibility is to define the strategic direction of the organization, ensuring its alignment with the established institutional guidelines and goals.
For the proper fulfillment of these functions, the Board is supported by various specialized Committees, responsible for analyzing specific issues and issuing recommendations that contribute to the achievement of the strategic objectives.
