Corficolombiana
Corficolombiana, officially known as Corporación Financiera Colombiana, is a leading financial institution headquartered in Bogotá, Colombia. Established in 1972, the company has made significant strides in the financial sector, focusing on investment banking, asset management, and corporate finance. With a strong presence in major operational regions across Colombia, Corficolombiana has built a reputation for its innovative financial solutions tailored to meet the diverse needs of its clients. The firm offers a range of core services, including structured finance, project financing, and investment advisory, distinguished by its commitment to excellence and client-centric approach. Corficolombiana has achieved notable milestones, positioning itself as a key player in the Colombian financial market, recognised for its robust portfolio and strategic partnerships.
DitchCarbon Score
How does Corficolombiana'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
Corficolombiana's score of 46 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Corficolombiana's reported carbon emissions
In 2023, Corficolombiana reported total carbon emissions of approximately 3.96 million tonnes CO2e. This figure includes 223,422 tonnes CO2e from Scope 1 emissions, 13,598 tonnes CO2e from Scope 2 emissions, and a significant 3.71 million tonnes CO2e from Scope 3 emissions. Over the years, Corficolombiana has made notable progress in reducing its emissions. From 2019 to 2023, Scope 1 emissions decreased from about 356,691 tonnes CO2e to 223,422 tonnes CO2e, while Scope 2 emissions also saw a reduction from approximately 8,933 tonnes CO2e to 13,598 tonnes CO2e. The company has not publicly disclosed specific reduction targets or commitments under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, it has received varying scores from CDP, indicating a commitment to transparency in its climate-related disclosures. In 2023, Corficolombiana achieved a CDP score of "C," reflecting its ongoing efforts to address climate change impacts. Overall, Corficolombiana's emissions data and performance illustrate a commitment to reducing its carbon footprint while navigating the complexities of Scope 1, 2, and 3 emissions.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 356,691,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 8,933,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,005,000 | - | - | 0,000,000,000 | 0,000,000,000 |
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.
Corficolombiana is committed to some reduction initiatives 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.
