Public Profile

Corficolombiana

Corficolombiana, officially known as Corporación Financiera Colombiana, is a leading financial institution headquartered in Bogotá, Colombia. Established in 1979, 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. Over the years, Corficolombiana has achieved notable milestones, solidifying its position 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.

44

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.

3

Industry Benchmark

Corficolombiana's score of 44 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Corficolombiana's reported carbon emissions

In 2023, Corficolombiana reported total carbon emissions of approximately 3,964,653,000 kg CO2e. This figure includes 223,422,000 kg CO2e from Scope 1 emissions, 13,598,000 kg CO2e from Scope 2 emissions, and a significant 3,714,582,000 kg CO2e from Scope 3 emissions. The company has shown a notable reduction in emissions over the years. From 2022 to 2023, Scope 1 emissions decreased from 235,228,000 kg CO2e to 223,422,000 kg CO2e, while Scope 2 emissions also saw a reduction from 19,162,000 kg CO2e to 13,598,000 kg CO2e. However, Scope 3 emissions increased from 4,075,826,000 kg CO2e in 2022 to 3,714,582,000 kg CO2e in 2023. Corficolombiana has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. Overall, the company is actively monitoring its emissions across all scopes, indicating a commitment to addressing its carbon footprint.

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Add to project
20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Corficolombiana's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Corficolombiana is headquartered in CO, which has a rank of low, indicating low grid carbon 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 not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers