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Corficolombiana, officially known as Corporación Financiera Colombiana S.A., is a prominent player in the financial intermediation services sector, excluding insurance and pension funding services. Headquartered in Colombia, the company has established a strong presence across major operational regions within the country since its founding in 1999.
Specialising in a range of financial services, Corficolombiana offers unique solutions in investment banking, asset management, and corporate finance. Its commitment to innovation and client-centric approaches has positioned it as a trusted partner for businesses seeking tailored financial strategies. Notable achievements include significant contributions to infrastructure financing and a robust portfolio that underscores its market leadership. With a focus on sustainable growth, Corficolombiana continues to shape the financial landscape in Colombia and beyond.
32
DitchCarbon score
-5 vs industry average
Corficolombiana’s score of 32 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Corficolombiana's reported carbon emissions
Corficolombiana, a financial intermediation services company headquartered in Colombia, reported total Scope 1, 2, and 3 carbon emissions of approximately 3.96 billion kg CO2e in 2023. This included around 223.4 million kg CO2e from Scope 1 emissions, 13.6 million kg CO2e from Scope 2 emissions, and approximately 3.71 billion kg CO2e from Scope 3 emissions.
In 2022, their emissions were approximately 235.2 million kg CO2e for Scope 1, 19.2 million kg CO2e for Scope 2, and 4.08 billion kg CO2e for Scope 3.
For 2021, Corficolombiana disclosed Scope 1 emissions of approximately 334.4 million kg CO2e and Scope 2 emissions of around 20.0 million kg CO2e. In 2020, Scope 1 emissions were approximately 333.2 million kg CO2e and Scope 2 emissions were about 9.5 million kg CO2e. In 2019, the company reported Scope 1 emissions of approximately 356.7 million kg CO2e, Scope 2 emissions of around 8.9 million kg CO2e, and Scope 3 emissions of about 5.0 million kg CO2e. Corficolombiana has not set any specific emissions reduction targets or commitments through initiatives like SBTi or The Climate Pledge.
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Corficolombiana’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Corficolombiana yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
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