We inspire the creation and transformation
of a better world for all
Our sustainability strategy is part of the business strategy, which enables us to consolidate a sustainable business model that includes economic, environmental and social topics through the management of six strategic fronts: sustainable business, risk management, stakeholder relations, impact on people, innovation and environment.
Therefore, we are committed to managing our business in a responsible and innovative manner to improve the quality of life of people who have a relationship with us, contributing to the economic prosperity of society and helping to reduce our impact on the environment.
To meet the expectations of our stakeholders and work together to generate shared value, long-term relationships of trust and a culture of sustainability within the organization is one of the objectives that inspires us every day.
Initiative that promotes the commitment of the private and public sector and civil society to align their strategies and operations with ten universally accepted principles in four areas: Human Rights, Labor, Environment and Anti-Corruption, as well as contributing to the achievement of the Sustainable Development Goals (SDGs).
The Sustainable Development Goals, also known as the Global Goals, were adopted by all the United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. They are 17 goals, comprised of 169 targets.
The Principles of Responsible Banking promoted by the Financial Initiative of the United Nations Environment Program -UNEP Fa correspond to six guidelines to align the banking business with long-term objectives, to better integrate social and environmental challenges. We adhered to the PRBs in December 2022.
The Dow Jones Sustainability Index is the most important index in sustainability and the main global benchmark measuring performance in economic, environmental and social matters based on the analysis of 600 variables to identify and classify the main sustainable companies.
A voluntary agreement between the Colombian Government and the financial sector that aims to join forces to promote the country's sustainable development, and to work toward environmental conservation and the sustainable use of natural resources. Banco de Bogotá has been a member of this protocol since 2013.
Voluntary initiative that created the first global standard of guidelines for writing sustainability reports for companies that wish to assess their economic, environmental and social performance. Our corporate report is aligned with this reporting standard.
The Financial Stability Board established the TCFD, to develop recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions and, in turn, enable stakeholders to understand better the concentrations of carbon-related assets in the financial sector and the financial system’s exposures to climate-related risks.
The UN Principles for Responsible Investment is an international organization that works to promote the incorporation of environmental, social and corporate governance factors (ESG) into investment decision making. Launched in April 2006 with support from the United Nations, the PRI has over 2,700 participating financial institutions, that become signatories to the PRI’s six key principles.
NZBA is an alliance promoted by the Financial Initiative of the United Nations Environment Program -UNEP FI- that has the participation of more than 125 banking entities, from 41 countries that represent 41% of global banking assets and that They commit to making their credit portfolio neutral in greenhouse gas emissions by 2050. We adhere in December 2022.
SASB is the acronym for Sustainability Accounting Standards Board. SASB is a reporting standard to help companies identify, manage and report on the sustainability issues that matter most to investors for each industry. We report with this standard as of 2022.