Grupo Aval
Grupo Aval Acciones y Valores S.A., commonly known as Grupo Aval, is a leading financial conglomerate headquartered in Bogotá, Colombia. Established in 1994, the company has significantly expanded its operations across Latin America, particularly in Colombia, Central America, and the Caribbean. Operating primarily in the banking and financial services industry, Grupo Aval encompasses a diverse portfolio that includes commercial banking, investment banking, and asset management. Its core offerings are distinguished by a commitment to innovation and customer service, positioning the company as a trusted partner for individuals and businesses alike. With a strong market presence, Grupo Aval has achieved notable milestones, including the acquisition of several key financial institutions, which has solidified its status as one of the largest financial groups in the region. The company continues to drive growth through strategic investments and a focus on sustainable practices.
DitchCarbon Score
How does Grupo Aval'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
Grupo Aval's score of 22 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Aval's reported carbon emissions
In 2023, Grupo Aval reported carbon emissions of approximately 227,672 tonnes CO2e for Scope 1 and about 20,334 tonnes CO2e for Scope 2. This data highlights the company's ongoing commitment to monitoring and managing its carbon footprint. Over the past few years, Grupo Aval has shown fluctuations in its emissions. In 2022, the company emitted around 25,400 tonnes CO2e from Scope 1 and 18,100 tonnes CO2e from Scope 2. In 2021, emissions were approximately 2,576 tonnes CO2e for Scope 1 and 16,800 tonnes CO2e for Scope 2. The trend indicates a need for continued focus on reducing emissions across all scopes. Despite the absence of specific reduction targets or initiatives documented in their reports, Grupo Aval's commitment to climate responsibility is evident through its emissions tracking. The company is positioned within an industry increasingly focused on sustainability, aligning with global efforts to mitigate climate change impacts. As Grupo Aval continues to assess its carbon emissions, it remains crucial for the organisation to establish clear reduction targets and initiatives to enhance its climate commitments moving forward.
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Add to project2023 | |
|---|---|
| Scope 1 | 227,671,900 |
| Scope 2 | 20,334,100 |
| Scope 3 | - |
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.
Grupo Aval 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.
