Banco de Bogota SA

Common Name
Banco de Bogota
Country
Colombia
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
BOGOTA
Exchange
BOLSA DE VALORES DE COLOMBIA

Banco de Bogota's Climate Target Data Preview

As of 2024, Banco de Bogota has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Banco de Bogota ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries

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Insights into Banco de Bogota's Greenhouse Gas Emissions Pathways

As of 2024, Banco de Bogota has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Banco de Bogota have a target to reduce the emissions from its operations?

As of 2024, Banco de Bogota has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Banco de Bogota's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 8,727 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Banco de Bogota has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Banco de Bogota's Operational (Scope 1+2) Emissions Pathway

20192024203002.5 k5 k7.5 k10 kBaselineCurrent (-84%)

Does Banco de Bogota have a target to reduce the emissions from its value chain?

As of 2024, Banco de Bogota has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Banco de Bogota's most ambitious value chain target is to reduce these emissions by 71.02% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2022. a

a

Banco de Bogota's Value Chain (Scope 3) Emissions Pathway

2022203000000BaselineTarget 2030 (-71%)
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