Public Profile

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.

41

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Bancoldex's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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. Over the years, Bancoldex has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in total emissions from 1,007,020 kg CO2e in 2013 to the latest figure in 2023. Bancoldex's emissions profile shows a significant reduction in total emissions, particularly from 2013 to 2023, reflecting a broader trend towards sustainability. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The organisation's focus on emissions reduction aligns with industry standards for climate action, although further details on specific strategies or pledges are not available.

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Add to project
20132014201520162017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bancoldex's primary industry is , 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. Bancoldex 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.

Bancoldex 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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