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Grupo Bancolombia

Sustainability

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The sustainable line includes products for clients interested in making new investments, converting technology, purchasing more efficient machinery and equipment assets, or financing projects that use technology that optimizes the use of resources. Primarily financing projects that generate environmental, social, and economic impacts, granting them a lower rate and terms that meet their needs.

Disbursements

These products can be disbursed according to the customer’s decision in two ways:

  • Commercial loan: It is financed through a loan disbursed in full to the applicant.

  • Sustainable leasing: It is financed according to the customer’s needs through a financial lease with an option to purchase.

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Line Characteristics

Beneficiaries

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Public and private clients in the Business sector with financial statements and sales over COP 280 million (Businesses and Independent Contractors, SMEs, and Companies) and Corporate sectors.

Financing amount per operation

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It depends on the social and environmental impact generated by the project after an internal evaluation.

Deadline

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  • Up to 84 months (for energy efficiency, cleaner production, and sustainable mobility projects).
  • Up to 120 months (for sustainable construction and renewable energy).

Indexing

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FD and IBR.

Grace period

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Up to 24 months for capital.
*Aplica para el Crédito sostenible.

Capital repayment

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  • Monthly.
  • Quarterly.
  • Semi-annual.
  • Annual.
  • Payment plan.

Interest payments periodicity

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  • Monthly.
  • Quarterly.
  • Semi-annual.
  • Annual.
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What investments can be financed?

Sustainable Companies

Projects in which new investments, technological reconversion, purchase of more efficient machinery and equipment assets, or project financing using technology that optimizes the use of resources will be made; that is, where less water, energy, and fuel are consumed, improving processes production efficiency. These projects can be leveraged through:

Certified B Corporations
Sustainable High-Impact Entrepreneurs HIE

Sustainable livestock

Applicable for financing investments that promote more productive livestock systems, preserving forest areas and bodies of water. Agro Sostenible finances these types of projects.

 

Energy efficiency:

Projects for lower energy consumption than other methods or equipment performing the same activity. It is measured per unit of the finished product.

  • Machinery and equipment technological reconversion such as efficient lighting.
  • Air conditioning.
  • Refrigeration.
  • Boilers.
  • Heat pumps.
  • Air compression systems.
  • Automatic controls, and sensors.

Renewable energy:

Projects for lower energy consumption than other methods or equipment performing the same activity. It is measured per unit of the finished product.

Wind
Hydraulics
Solar
Geothermal
Biogas or Biomass

Cleaner production

Projects to implement control and prevention measures for the pollution resulting from any production process, such as water pollution from dumping, air pollution from atmospheric emissions or environmental noise, hazardous and non-hazardous solid waste generation, or any other industrial process using efficiency measures in natural resource consumption.

  • Wastewater treatment systems (WWTS).
  • Irrigation systems.
  • Solid waste compactors.
  • Emission control systems.
  • Emission control systems.
  • Rainwater harvesting.
  • Assets related to the efficient use of raw materials.

Circular economy

Projects to turn products, materials, or assets into waste valorization, maintain natural capital, optimize resource yields, and minimize system risks, such as eco-design, industrial symbiosis, improved functionality, reuse, repair, remanufacturing, and waste or by-product recovery projects.

 

Sustainable construction

Applies to projects and investments in sustainable constructions with environmental certification such as (LEED, EDGE, Referential CASA Colombia, HQE, etc. The client must send the respective pre-certification of the project issued by one of the certifying companies and/or demonstrate that it is in progress. to obtain it. Once the work is finished, you must submit the corresponding certification. It has different benefits in terms of time for:

  • Construction clients
  • Customers from other segments
  • Sustainable Home Buyers
  • Clients sustainable individual builder and reforms

Sustainable mobility

Any project associated with acquiring cargo or passenger transport vehicles and/or mass transport systems powered by electric power, hybrid systems, or natural gas NGV. It also applies to purchasing motorcycles and electric bicycles for use in companies subject to sustainable line financing and physical or technological infrastructure for sustainable mobility and the assembly of hybrid and electric vehicles. Hybrid vehicles that use Diesel as fossil fuel do not apply.

 

Sustainable certifications

Applies for financing associated costs with environmental certifications; for instance, Colombian Environmental Seal, Fair Trade, RSPO, Global Gap, Carbon Neutrality, etc. Likewise, for certifications in Sustainable Construction, such as EDGE, LEED, Referential CASA Colombia, and any other endorsed by a certifying entity, including hired expert and certification costs –the fee paid to the certifying entity.

 

Sustainable technology suppliers

Applicable for financing suppliers that offer sustainable technologies related to the same topics applying to the line; for example, energy efficiency, renewable energies, cleaner production, sustainable construction, mobility, agriculture, livestock, etc. Suppliers shall submit support of contracts with their clients; based on this, suppliers will be loaned on the amount of these contracts. The supplier shall present support of contracts with its customers, according to which it is loaned the amount of these contracts.

 

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Benefits

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Interest rates benefits.

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Expert technical assistance in project identification.

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Obtaining tax benefits consultancy.

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Consultancy and accompaniment in production processes, technical assistance, and specialized visits.

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If you are interested in purchasing this product

Learn more about Sustainable Credit in Bancolombia

Learn more about Sustainable Leasing in Bancolombia

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  • Sustainable Gender Line

    Designed for financing sustainability projects 100% owned by women in the company or for individuals and legal entities where women own at least 50% or where their legal representative is a woman.

    A quota of 200 billion has been allocated to encourage these projects that promote gender equality.

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