Grupo Energía Bogotá S.A. E.S.P.
Climate Impact & Sustainability Data (2019, 2022)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:184,706.09 tCO2e/year (Scopes 1, 2, and 3)
Scope 1 Emissions:1,380.01 tCO2e/year
Scope 2 Emissions:2,054.42 tCO2e/year
Scope 3 Emissions:181,270.66 tCO2e/year
ESG Focus Areas
- Genuine Relations
- Creation of Shared Value
- Ethics, Compliance and Conduct
- Talent Management
- Superior Performance and Profitability
- Occupational Safety and Health
- Corporate Governance
- Proactive Regulatory Management
- Climate Strategy
- Biodiversity
Environmental Achievements
- Reduced lost time incident frequency indicator (LTIFI) by over 60% in the Colombian Transmission Branch.
- Zero fatalities in 2019 among employees and suppliers.
- Prevented emissions of 80 million tons of CO2 in Lima, Peru through Cálidda's promotion of natural gas in public transport.
- Offset 35% of emissions at TGI, Colombia, and 100% at the Transmission Branch.
- Planted 35,000 trees and restored 45 hectares to preserve the Barbas Bremen reserve.
Social Achievements
- Benefited over 18,000 people in Valle, Huila, and Tolima through Shared Value programs.
- Benefited more than 153,000 people in 49 municipalities in Peru through Contugas and Cálidda's programs.
- Launched the Recicla+ project in Peru, empowering women managing soup kitchens.
- Implemented the Interactive Classrooms with Solar Energy program in Colombia, benefiting 3,440 students.
- Trained 27 indigenous women in Guatemala in making traditional cloths and dresses.
Governance Achievements
- Increased independent members on the Board of Directors from 25% to 44.4%.
- Elected an independent Chairman of the Board of Directors for the first time.
- Adopted a Senior Management Succession Policy.
- Updated the Code of Ethics to include the express prohibition of contributions to political parties and facilitation payments.
- Received recognition from Great Place to Work for having a very satisfactory work environment.
Climate Goals & Targets
Long-term Goals:
- Be among the five most profitable companies in the Colombian market by 2025.
Medium-term Goals:
- Achieve carbon-neutral companies in the long term.
Short-term Goals:
- Reduce greenhouse gas emissions by 10% in 2020.
Environmental Challenges
- Prior consultations with indigenous communities for the Colectora project.
- Assuring gas supplies in Colombia.
- Managing risks associated with climate change (e.g., extreme weather events).
- Maintaining high OSH standards with increasing man-hours worked.
- Addressing regulatory changes in the energy sector.
Mitigation Strategies
- Consolidating the Sustainability Model and Social Investment initiatives.
- Developing alternative sourcing strategies.
- Implementing a Digital Transformation process.
- Implementing the Vision Zero global prevention model.
- Actively participating in national and international energy industry events and proposing solutions.
Supply Chain Management
Responsible Procurement
- SAP Ariba tool for strategic sourcing management.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events, landslides
Transition Risks
- Regulatory changes, market shifts towards renewable energy.
Opportunities
- Development of energy-efficient products and services.
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001:2015
Third-party Assurance: PricewaterhouseCoopers Asesores Gerenciales Ltda. (limited assurance)
UN Sustainable Development Goals
- Goal 4 (Education)
- Goal 5 (Gender equality)
- Goal 6 (Clean water and sanitation)
- Goal 7 (Affordable and clean energy)
- Goal 8 (Decent work and economic growth)
- Goal 11 (Sustainable cities and communities)
- Goal 13 (Climate action)
- Goal 15 (Life on land)
- Goal 16 (Peace, justice and strong institutions)
- Goal 17 (Partnerships for the goals)
Initiatives contribute to these goals through various programs and actions.
Awards & Recognition
- Dow Jones Sustainability Index (best performance in gas sector)
- Robeco SAM Sustainability Yearbook
- Great Place to Work
- Bonds & Loans 2019 Award
- Corresponables Awards
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Energy transition
- Climate Change
- Operational excellence and service quality
- Innovation and digital transformation
- Shared Prosperity
- Occupational safety, health and well-being
- Human resource Management
- Risk management
- Ethics and transparency
- Corporate Governance
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Third-party Assurance: Ernst & Young Audit S.A.S.