Bancolombia SA
Bancolombia Energy Data Preview
In 2023, Bancolombia disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Bancolombia also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Bancolombia also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Bancolombia also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Bancolombia's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 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 | 0000000 |
Renewable Energy Consumed | 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 | 0000000 |
Non-renewable Energy Consumed | 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 | 0000000 |
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Insights into Bancolombia's Energy Renewability
In 2023, Bancolombia consumed a total of 328,756.82 Gigajoules of energy across its operations. Of this total, 97.64% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 2.36% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a
Bancolombia's Energy Renewability Rate
How much of Bancolombia's energy consumed is renewable?
In 2023, Bancolombia consumed a total of 328,756.82 Gigajoules of energy, of which 97.64% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a
This high level of renewable energy use suggests that Bancolombia has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Are Bancolombia's energy practices becoming more sustainable?
Since 2019, Bancolombia's total energy consumption decreased by 17.51%, and remained stable in 2023, suggesting earlier reductions may have leveled off. a
Over the same period, the share of renewable energy in Bancolombia's mix has remained stable both in the long term and in 2023, indicating consistency in renewable sourcing with limited change. a
Overall, Bancolombiaās energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the companyās environmental impact.
Bancolombia's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Bancolombia's Energy Consumption & Production Mix
In 2023, Bancolombia disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Bancolombia's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a
Bancolombia's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Bancolombia's energy consumption?
In 2023, Bancolombia's total energy consumption was primarily sourced from a
- Biodiesel (69.28%)
- Diesel (27.51%)
- Ethanol and Gasoline (Petrol) (3.21%)
How diverse is Bancolombiaās energy consumption mix?
In 2023, Bancolombia consumed energy from 3 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a
Insights into Bancolombia's Energy Inflows & Self-Sufficiency
In 2023, Bancolombia reported total energy inflows of 321,001.92 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 317,862.42 Gigajoules purchased from external suppliers and 3,139.5 Gigajoules generated through internal production. This corresponds to a production share of 0.98%, reflecting a 11.63% percentage point increase from the previous year (2022) and a 78.69% percentage point increase since 2019. a
Bancolombia's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
Bancolombia's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased