Bancolombia SA
Bancolombia's Climate Target Data Preview
As of 2024, Bancolombia has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction 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 Bancolombia ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Verified Sources Behind Bancolombia’s Climate Targets Data
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Insights into Bancolombia's Greenhouse Gas Emissions Pathways
As of 2024, Bancolombia 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 Bancolombia have a target to reduce the emissions from its operations?
As of 2024, Bancolombia has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Bancolombia's most ambitious operational target is to reduce these emissions by 95% by 2030, compared to a baseline of 19,342.97 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, Bancolombia is ahead of schedule on its operational emissions reduction target, having achieved 79.11% of the planned reduction. a
Bancolombia's Operational (Scope 1+2) Emissions Pathway
Does Bancolombia have a target to reduce the emissions from its value chain?
As of 2024, Bancolombia has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Bancolombia's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 3,137.63 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
Bancolombia has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a