State of climate disclosures in Colombia - First evaluation

Year Published

2024

Contributing Organizations

Transforma

Type of Resource

Tool

Guidance

Languages

Spanish

Relevant Topics

Core Topic

Climate Policies & Frameworks

Topic 2

Climate Strategy & Capabilities

Target Audience

All

Relevant Geography

Latin America and the Caribbean

Resource Description

This resource presents the results of the first evaluation of climate-related disclosures by 46 Colombian securities issuers, conducted in alignment with TCFD recommendations.

Why This Matters

As climate disclosure becomes a regulatory expectation, this evaluation offers a baseline for improving transparency and alignment with global standards. It equips the Colombian market with insights to strengthen future climate reporting practices.

Key Insights

Uses 34 evaluation criteria across the four TCFD pillars to assess issuer disclosures
Scores each issuer across four categories, with results expressed as percentages from 0 to 100%
Identifies common gaps, such as limited detail on scenario analysis and risk quantification
Highlights best practices to support improved disclosure in future reporting cycles
Provides a detailed methodology to guide future assessments and capacity building

Secondary File Resources

Secondary Resource Link(s)

Colombian Climate Asset Disclosure Initiative

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