Bancoldex
Bancoldex, officially known as Banco de Comercio Exterior de Colombia S.A., is a prominent financial institution headquartered in Bogotá, Colombia. Established in 1991, Bancoldex plays a vital role in the Colombian economy, focusing on promoting international trade and supporting the growth of small and medium-sized enterprises (SMEs). The bank offers a range of unique financial products and services, including export financing, working capital loans, and investment support, tailored specifically for businesses looking to expand their market reach. With a strong commitment to fostering economic development, Bancoldex has positioned itself as a leader in the development banking sector, achieving significant milestones in enhancing access to finance for Colombian exporters. Its strategic initiatives and innovative solutions have solidified its reputation as a key player in the industry.
DitchCarbon Score
How does Bancoldex'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
Bancoldex's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bancoldex's reported carbon emissions
In 2023, Bancoldex reported total carbon emissions of approximately 433,420 kg CO2e. This figure includes 44,180 kg CO2e from Scope 1 emissions, 112,580 kg CO2e from Scope 2 emissions, and 276,670 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from business travel, employee commuting, and purchased goods and services. Over the past few years, Bancoldex has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were about 474,320 kg CO2e, indicating a reduction in emissions from the previous year. The organisation's emissions peaked in 2013 at approximately 1,009,020 kg CO2e, showcasing a significant downward trend in emissions over the decade. Despite these reductions, Bancoldex has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests a need for further commitment to structured climate action. Bancoldex's headquarters is located in Colombia, and its emissions data reflects a global operational footprint. The organisation's ongoing efforts to monitor and report emissions are crucial for enhancing transparency and accountability in its climate commitments.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 49,660 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000 | 00,000 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 138,690 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000 | 00,000 | 000,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 820,670 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bancoldex is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
