Bancolombia SA

Lobbying Governance

AI Extracted Evidence Snippet Source

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]we engage with local and international organizations leaders in the climate change agenda that consolidate the voice of the financial and real sector in order to bring the priorities of the climate agenda to try to influence local policies, law or regulations.

These organizations work for the climate agenda by consolidating commitments, proposing common procedures, presenting calls to action to governments, incentivizing participation in commenting new regulations (eg. EU Taxonomy, SEC Climate reporting), among others and we are part of the working groups that generate these deliverables in order to guarantee that they are consistent with our climate change strategy

This is also consistent with our strategy because we are aware that in order to accomplish our goals we need to collaborate with relevant actors to increase impact, and also, because it is essential that public policy initiatives are aligned with the commitments of the Paris Agreement as this will help us mobilize our climate objectives.

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]we engage with local and international organizations leaders in the climate change agenda that consolidate the voice of the financial and real sector in order to bring the priorities of the climate agenda to try to influence local policies, law or regulations.

CDP Questionnaire Response 2023

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023