Grupo Bolivar
Grupo Bolívar, headquartered in Colombia, is a prominent player in the financial services industry, specialising in insurance, pensions, and asset management. Founded in 1956, the company has established a strong presence across Latin America, with significant operations in Colombia and other key regional markets. Renowned for its innovative approach, Grupo Bolívar offers a diverse range of products, including life and health insurance, retirement plans, and investment solutions. Their commitment to customer-centric services and sustainable practices sets them apart in a competitive landscape. With decades of experience, Grupo Bolívar has achieved notable milestones, solidifying its market position as a trusted provider in the financial sector. The company continues to focus on growth and excellence, making it a leader in delivering comprehensive financial solutions tailored to meet the evolving needs of its clients.
DitchCarbon Score
How does Grupo Bolivar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Grupo Bolivar's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Bolivar's reported carbon emissions
In 2024, Grupo Bolívar reported total carbon emissions of approximately 7,210,000,000 kg CO2e. This figure includes about 4,470,000,000 kg CO2e from Scope 1 and Scope 2 emissions combined, and approximately 2,740,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 42% absolute reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2022 as the baseline year. This target applies to all operations in Colombia and Central America, reflecting a strong commitment to sustainability and climate action. Grupo Bolívar's emissions data is independently reported and not cascaded from any parent organisation, ensuring that their climate commitments are directly attributable to their own operational practices. The company continues to focus on reducing its carbon footprint while maintaining transparency in its emissions reporting.
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| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 2,740,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Grupo Bolivar is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
