News
Oct 23, 2024

Seguros Bolívar Becomes Colombia’s First Carbon Neutral Insurer, Certified by ICONTEC

Insurope Network Member Seguros Bolívar, a leading player in Colombia's insurance market, has achieved a historic milestone, becoming the first insurer in the country to receive carbon neutrality certification from the non-profit organization ICONTEC. This recognition underscores the company’s commitment to sustainability and environmental responsibility.

A Legacy of Leadership and Innovation

Founded in 1939, Seguros Bolívar is part of Grupo Bolívar, the third-largest financial group in Colombia. With over 70 years of experience, the insurer offers comprehensive protection programs to individuals and families, building lasting relationships through reliable, innovative solutions. The company has long been committed to sustainable growth, considering Environmental, Social, and Governance (ESG) factors in every business decision, from daily operations to customer services.

Commitment to Climate and Sustainable Development

The certification from ICONTEC reflects Seguros Bolívar’s deep focus on sustainability. The company has taken strategic steps to reduce its greenhouse gas emissions and offset remaining emissions by purchasing carbon units. These efforts have not only achieved carbon neutrality but have also supported the conservation of Colombia’s critical ecosystems, such as high mountain regions known for their biodiversity and role in regulating water supplies.

Promoting ESG Values for a Greener Future

Seguros Bolívar’s success in becoming carbon neutral aligns with its broader ESG strategy, which prioritizes sustainable development, climate resilience, and inclusive economic growth. The company works closely with clients, collaborators, suppliers, and partners to foster environmentally friendly practices. With this certification, Seguros Bolívar demonstrates how responsible business decisions can drive progress while promoting climate action.

A Milestone for Colombia’s Insurance Industry

This achievement is a testament to teamwork and the company’s commitment to making a positive environmental impact. As the first insurer in Colombia to achieve carbon neutrality, Seguros Bolívar sets a new standard for the industry, showcasing how insurers can close protection gaps in an efficient, sustainable way.

As THE premier multinational pooling network, Insurope is proud to highlight that Network Members like Seguros Bolívar are steadfastly prioritizing Environmental, Social, and Governance (ESG) principles across the globe. You can read more about various global efforts here.

To learn more about Seguros Bolívar, please visit us here.