Bancolombia SA

Bancolombia SA describes a process to align its policy engagement with its climate objectives by explaining that it "engage[s] 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," and that it "are part of the working groups that generate these deliverables in order to guarantee that they are consistent with our climate change strategy." The bank also confirms a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." However, the company does not disclose any internal oversight body or named individual responsible for reviewing or approving these lobbying or engagement activities, nor does it describe monitoring procedures or criteria for aligning its direct or indirect lobbying with its climate change strategy beyond these external collaborations.