Banco de Bogotá S.A. Sustainability Profile
Banco de Bogotá S.A., a prominent financial institution in Colombia, is headquartered in Bogotá and operates extensively across the country and in key international markets. Established in 1870, it has a rich history marked by significant milestones, including its expansion into various sectors of banking and finance. As a leading player in the banking industry, Banco de Bogotá offers a diverse range of services, including retail banking, corporate banking, and investment solutions. Its unique approach to customer service and innovative financial products sets it apart in a competitive landscape. The bank is recognised for its strong market position, consistently ranking among the top financial entities in Colombia, and has received numerous accolades for its commitment to excellence and sustainability in banking practices.
DitchCarbon Score
How does Banco de Bogotá S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banco de Bogotá S.A.'s score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco de Bogotá S.A., headquartered in Colombia (CO), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Grupo Aval Acciones y Valores S.A., which may influence its climate-related performance and commitments. Despite the lack of specific emissions data, Banco de Bogotá S.A. is part of a broader corporate family that may have climate initiatives in place. However, no specific reduction targets or climate pledges have been documented for the bank itself. The absence of data suggests that the bank may still be in the process of establishing its own emissions reporting and reduction strategies. As a financial institution, Banco de Bogotá S.A. is positioned within an industry increasingly focused on sustainability and climate commitments. The bank's future climate initiatives may align with industry standards and expectations, particularly as pressure mounts for financial entities to disclose their environmental impact and set ambitious reduction targets.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,840 | 0,000 | 0,000 | 0,000 | 000,000,000 | 0,000 |
| Scope 2 | 27,670 | 00,000 | 00,000 | 00,000 | 00,000,000 | 00,000 |
| Scope 3 | 25,290 | 0,000 | 0,000 | 0,000 | - | 0,000,000 |
How Carbon Intensive is Banco de Bogotá S.A.'s Industry?
How Carbon Intensive is Banco de Bogotá S.A.'s Location?
Banco de Bogotá S.A.'s Scope 3 Categories Breakdown
Banco de Bogotá S.A.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 93% of Scope 3 emissions.
Top Scope 3 Categories
Banco de Bogotá S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco de Bogotá S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
