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Leading IDEAM Emissions Reporting & ESG Compliance Consulting in Colombia

Driving Colombia’s Sustainability Leadership & Climate Action in Latin America

Colombia has established comprehensive environmental frameworks including mandatory GHG emissions reporting through IDEAM, carbon taxation, and emerging Emissions Trading System. The country’s commitment to carbon neutrality by 2050 and rigorous environmental licensing positions Colombian companies at the forefront of South American sustainability transformation.

As a leading ESG and sustainability consultant in Colombia, Clenergize Consultants provides comprehensive advisory services helping Colombian companies meet IDEAM emissions reporting requirements, prepare for ETS compliance, and navigate Superintendencia Financiera ESG disclosure expectations. Our expertise spans ESG strategy, sustainability reporting, carbon accounting, environmental compliance, and regulatory navigation—ensuring Colombian businesses excel in Latin America’s fourth-largest economy.

Why ESG Compliance is Business-Critical in Colombia

Colombia's Law 1931 (Climate Change Framework), Enhanced NDC (51% emission reduction by 2030), and National Climate Change Policy demonstrate the nation's climate ambition. Several regulatory mandates underscore this transformation:

  • Mandatory GHG Emissions Reporting – National MRV System (IDEAM / SINA) – Colombia requires large emitters to report annual GHG emissions through the National Greenhouse Gas Inventory (INGEI) under MRV framework established by Ministry of Environment and IDEAM. Approximately 300-400 large emitters in mining, oil & gas, power generation, cement, chemicals, manufacturing, agriculture, waste, and transport must comply with annual Scope 1 GHG emissions reports, activity-level emissions data, MRV methodology adherence, verification readiness, and emissions reduction planning and monitoring.
  • Colombia Carbon Tax ("Impuesto Nacional al Carbono") – A national carbon tax applied to fossil fuels based on CO₂ content at point of production or import, covering gasoline, diesel, natural gas, fuel oil, and LPG. Approximately 250-350 fuel producers/importers and large industrial users are affected directly or indirectly across transport, logistics, and energy-intensive sectors with carbon tax calculation & payment, fuel consumption reporting, emissions reduction planning, and option to use certified offsets (partial).
  • Colombia Emissions Trading System (ETS) – Pilot Phase – Colombia is implementing a national ETS under Law 1931 and climate framework policy, currently in pilot/pre-compliance phase preparing companies for full participation. Approximately 150-250 large emitters in power, oil & gas, cement, steel, mining, and chemicals (expected full coverage after 2025) must comply with annual verified GHG inventories (Scope 1), compliance with emissions caps (future), allowance trading capability, and transition/abatement planning.
  • Environmental Impact Assessment (EIA) – ANLA Environmental Licensing System – ANLA (National Authority for Environmental Licensing) requires EIAs for all high-impact industrial, energy, mining, and infrastructure projects under Law 99/1993 and related decrees. Approximately 300-400 large project developers in mining, oil & gas, road/rail/port/airport development, large construction, power generation, and industrial facilities must comply with full EIA study, social impact assessment & community consultations, mitigation & compensation plans, environmental management plan (PMA), and ongoing monitoring & reporting.
  • Mandatory ESG & Climate Risk Disclosure – Superintendencia Financiera de Colombia (SFC) – SFC requires all major financial institutions to implement ESG risk management frameworks and disclose climate risks aligned with TCFD. Approximately 80-120 large banks, pension funds, insurers, and investment management firms must comply with climate governance & oversight, climate risk integration in lending & investment, portfolio emissions & risk metrics, scenario analysis, and sustainability disclosures.
  • ESG Disclosure for Listed Companies – Circular 028 (2022) – Colombia's financial regulator mandates ESG reporting for all listed companies covering governance, environmental KPIs, climate data, and social indicators. Approximately 150-200 large companies listed on Colombian Stock Exchange (BVC), large SOEs partially listed, and major corporate issuers must comply with ESG governance & strategy, materiality assessment, Scope 1 & 2 (Scope 3 encouraged), climate risks & opportunities, social & labor indicators, and anti-corruption & supply chain ESG.

Given these developments, Colombian companies that fail to adapt risk IDEAM penalties, carbon tax obligations, future ETS compliance costs, environmental licensing delays, and restricted access to sustainable finance and international markets.

Clenergize's ESG Consulting Services in Colombia

Clenergize Consultants offers tailored ESG and sustainability advisory services designed for Colombia's regulatory environment and position as a regional sustainability leader. Our Colombian expertise enables clients to achieve IDEAM compliance, prepare for ETS obligations, excel in SFC ESG disclosure, and build sustainable competitive advantages across Latin America.

1. IDEAM Emissions Reporting & MRV Compliance

Colombia's National GHG Inventory requires comprehensive emissions reporting. Clenergize's IDEAM services include:

  • Annual GHG Inventory – Conducting Scope 1 emissions inventories meeting IDEAM methodologies
  • PIGCC Compliance – Aligning with sectoral mitigation plans (Planes Integrales de Gestión de Cambio Climático)
  • MRV System Implementation – Establishing monitoring, reporting, and verification procedures
  • Activity Data Collection – Developing systems to collect combustion, process, and fugitive emission data
  • Emissions Calculation – Applying Colombian emission factors and calculation methodologies
  • Verification Readiness – Preparing for third-party verification processes
  • Emissions Reduction Planning – Developing sector-specific emission reduction strategies
  • We serve mining operations, oil & gas facilities, power generators, cement plants, chemical manufacturers, and industrial emitters meeting IDEAM reporting obligations.

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2. Colombia Carbon Tax & ETS Preparation

Colombia's carbon pricing mechanisms create current and future obligations. Our carbon management services include:

  • Carbon Tax Compliance – Calculating and managing carbon tax payments on fossil fuel consumption
  • Fuel Consumption Reporting – Establishing systems to track fuel use and associated emissions
  • Carbon Offset Strategy – Evaluating certified carbon offset opportunities for partial tax mitigation
  • ETS Readiness Assessment – Preparing for mandatory emissions trading system participation
  • Verified GHG Inventories – Conducting annual Scope 1 inventories for future ETS compliance
  • Allowance Trading Preparation – Developing strategies for future cap-and-trade compliance
  • Transition Planning – Creating emission reduction roadmaps minimizing carbon costs

We help fuel producers, transport companies, industrial manufacturers, and energy-intensive sectors manage carbon tax while preparing for Colombia ETS.

3. ANLA Environmental Licensing & EIA Support

Colombia's environmental licensing system requires rigorous assessment. Clenergize's ANLA services include:

  • EIA Study Preparation – Conducting comprehensive environmental impact assessments for ANLA submission
  • Environmental Baseline Studies – Documenting existing conditions across ecosystems, water, air, soil, and communities
  • Social Impact Assessment – Evaluating community impacts and conducting stakeholder consultations
  • Mitigation & Compensation Plans – Developing strategies to avoid, minimize, and compensate environmental impacts
  • Environmental Management Plan (PMA) – Creating comprehensive PMAs for project implementation and operation
  • Community Consultations – Managing consultation processes with affected communities and indigenous peoples
  • ANLA Approval Coordination – Coordinating license application, responding to ANLA comments, and securing environmental approval
  • Ongoing Monitoring & Reporting – Managing environmental monitoring and compliance reporting obligations

We help mining companies, oil & gas projects, infrastructure developers, power plants, and industrial facilities navigate ANLA's environmental licensing process.

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4. SFC ESG & Climate Risk Disclosure for Financial Institutions

Colombian financial institutions face specific ESG requirements. Our financial sector services include:

  • Climate Governance & Oversight – Establishing board-level climate risk oversight and management accountability
  • Climate Risk Integration – Implementing climate risk assessment in lending and investment processes
  • Portfolio Emissions & Risk Metrics – Measuring financed emissions and climate risk exposure across portfolios
  • Scenario Analysis – Conducting climate scenario analysis for physical and transition risks
  • Sustainability Disclosures – Preparing TCFD-aligned climate risk disclosures for SFC compliance
  • ESG Credit Policies – Developing E&S risk assessment frameworks for credit decisions
  • Sustainable Finance Strategy – Creating green finance, sustainability-linked lending, and ESG investment programs

We serve Colombian banks, pension funds, insurance companies, and investment managers implementing SFC ESG and climate risk requirements.

5. BVC Listed Company ESG Reporting (Circular 028)

Colombia's stock exchange ESG disclosure creates comprehensive requirements. Our BVC ESG services include:

  • ESG Report Preparation – Drafting annual ESG disclosures meeting Circular 028 requirements
  • ESG Governance & Strategy – Establishing sustainability governance and developing ESG strategies
  • Materiality Assessment – Identifying material ESG topics through stakeholder engagement
  • Climate Risk Disclosure – Reporting climate-related risks and opportunities
  • GHG Emissions Reporting – Measuring and disclosing Scope 1, 2, and material Scope 3 emissions
  • Social & Labor Indicators – Reporting employee welfare, diversity, health and safety, and labor practices
  • Anti-Corruption Programs – Documenting ethics programs, anti-corruption measures, and compliance
  • Supply Chain ESG – Assessing and reporting supply chain sustainability practices

We serve all companies listed on Bolsa de Valores de Colombia ensuring comprehensive ESG disclosure and investor communication.

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6. Renewable Energy & Clean Energy Integration

While ESG compliance is our primary focus in Colombia, Clenergize brings renewable energy expertise supporting decarbonization:

  • Renewable Energy Strategy – Developing corporate renewable procurement in Colombia's growing clean energy market
  • Solar & Wind Assessment – Evaluating distributed and utility-scale renewable energy opportunities
  • Non-Conventional Renewable Energy – Navigating Colombia's FNCER (Fuentes No Convencionales de Energía Renovable) framework and incentives
  • Renewable Energy Certificates – Sourcing International RECs for Scope 2 market-based carbon accounting

With renewable energy project experience across Latin America, we help Colombian companies integrate clean energy into comprehensive carbon reduction strategies supporting IDEAM, ETS, and BVC ESG requirements.

Industry Specialization in Colombia

Our Colombia ESG consulting serves critical sectors:

  • Oil & Gas – IDEAM reporting, carbon tax, methane management, environmental licensing
  • Mining & Minerals – ANLA EIA, community relations, emissions reporting, social license
  • Power Generation – ETS preparation, emissions monitoring, renewable integration
  • Financial Services – SFC climate risk, sustainable finance, ESG integration
  • Manufacturing & Industrial – Carbon management, IDEAM compliance, supply chain ESG
  • Infrastructure & Construction – Environmental licensing, social impact assessment, climate resilience

Why Choose Clenergize for Colombia ESG Compliance?

Colombian Regulatory Expertise

Deep understanding of IDEAM, ANLA, SFC, and BVC requirements

Carbon Market Preparation

Comprehensive ETS readiness and carbon management capabilities

Environmental Licensing Excellence

Proven track record navigating ANLA's rigorous approval process

Latin American Leadership

Helping Colombian companies demonstrate regional sustainability excellence

Community Engagement

Experience with consultation processes and indigenous peoples' rights

Multi-Disciplinary Team

ESG strategists, carbon accountants, environmental consultants, and regulatory specialists

Partner with Clenergize for Colombia ESG Leadership

As Colombia advances its climate agenda through IDEAM reporting, carbon taxation, ETS implementation, and comprehensive ESG disclosure, companies need expert partners navigating evolving requirements while demonstrating sustainability leadership in Latin America's fourth-largest economy.

Contact us to explore how we can help your organization achieve IDEAM compliance, ETS readiness, SFC climate risk management, BVC ESG excellence, and sustainable business leadership across Colombia and Latin America.

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Frequently Asked Questions

SB 253, also known as the Climate Corporate Data Accountability Act, requires companies with annual revenues over $1 billion doing business in California to disclose their Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. Reporting begins in 2026 for Scope 1 and 2 emissions (covering the 2025 fiscal year) and in 2027 for Scope 3 emissions.

SB 261 requires companies with annual revenues over $500 million operating in California to disclose climate-related financial risks and their mitigation strategies. The disclosures, starting in 2026, must align with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

Scope 1: Direct emissions from owned or controlled sources (e.g., on-site fuel combustion). Scope 2: Indirect emissions from the purchase of electricity, steam, heat, or cooling.Scope 3: All other indirect emissions in a company’s value chain, including supply chain emissions, transportation, and product lifecycle emissions.

Non-compliance will result in penalties from the California Air Resources Board (CARB). SB 253: Fines up to $500,000 per reporting year. SB 261: Fines up to $50,000 per reporting year. Additionally, companies risk reputational damage and potential loss of investor confidence.

Clenergize Consultants provides:

  • Expertise in measuring and reporting Scope 1, 2, and 3 emissions
  • Guidance on climate risk assessments and mitigation strategies aligned with TCFD.
  • Support with implementing data collection systems and ensuring reporting accuracy.
  • Assistance with third-party verification and assurance for compliance.
  • Tailored solutions to integrate carbon disclosures into broader ESG strategies.
  • Access to our proprietary digital platform Clenergize ESG+ to monitor your carbon footprint and ESG strategy.

For further queries please contact us on info@clenergize.com

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