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

Website

www.bancodebogota.com

Banco de Bogota's GHG Emissions Data Preview

In 2023, Banco de Bogota completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Banco de Bogota has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2023	2022	2021	2020 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Categories of Scope 3 (1 category)
Investments (Cat. 15) Emissions from equity or debt investments, including project finance and portfolio holdings.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

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Verified Sources Behind Banco de Bogota’s Greenhouse Gas (GHG) Emissions Data

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a. Banco de Bogota's TCFD Report 2023

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Insights into Banco de Bogota's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Banco de Bogota amounted to 4,445 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). ^a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Banco de Bogota decreased by 33.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations. ^a

Banco de Bogota's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Banco de Bogota's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Banco de Bogota were 1,928 metric tons of CO₂ equivalent (tCO₂e). ^a

Has Banco de Bogota reduced its Scope 1 emissions over time?

Since 2019, Banco de Bogota's Scope 1 emissions have decreased by 33.03%, reflecting a declining long-term trend in Scope 1 emissions over time. ^a

Compared to the previous year (2022), Banco de Bogota's Scope 1 emissions decreased by 44.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. ^a

What are Banco de Bogota's Scope 2 emissions?

In 2023, Banco de Bogota reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 2,517 tCO₂e using the location-based method. ^a

Has Banco de Bogota reduced its Scope 2 emissions over time?

Since 2019, Banco de Bogota's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 56.96%, reflecting a declining long-term trend in Scope 2 emissions over time. ^a

Compared to the previous year (2022), Banco de Bogota's Scope 2 emissions (Location-Based) fell by 21.76% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. ^a

What methodology does Banco de Bogota use for Scope 2 reporting?

In 2023, Banco de Bogota reported its Scope 2 emissions using the market-based method and using the location-based method. ^a

Banco de Bogota's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into Banco de Bogota's Value Chain Emissions

In 2023, Banco de Bogota reported 958 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. ^a

The 2023 disclosure of Banco de Bogota includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. ^a

Banco de Bogota's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are Banco de Bogota's Scope 3 emissions?

In 2023, Banco de Bogota reported total Scope 3 emissions of 958 metric tons of CO₂ equivalent (tCO₂e). ^a

Has Banco de Bogota reduced its Scope 3 emissions over time?

Since 2019, Banco de Bogota's Scope 3 emissions have decreased by 16.91%, reflecting a declining long-term trend in Scope 3 emissions over time. ^a

Compared to the previous year (2022), Banco de Bogota's Scope 3 emissions decreased by 99.99%, highlighting the company's efforts to lower indirect emissions from its value chain. ^a

Insights into Banco de Bogota's Total Carbon Footprint

In 2023, Banco de Bogota reported a total carbon footprint of 5,403 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.93% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. ^a

The largest contributor to Banco de Bogota's total carbon footprint was Scope 2 emissions, accounting for 46.59% of the company's total carbon footprint, followed by Scope 1 emissions at 35.68%. ^a

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