Economic and corporate governance

We offer innovative solutions to drive growth and competitiveness in our environment.

Sustainable Finance

For Davivienda, sustainable finance is a key means to leverage the fulfillment of the commitments declared in our material themes of: inclusion, prosperity, and natural capital. Thus, through our sustainable strategy, we seek to mobilize resources and serve as a vehicle that enables their allocation to contribute to the construction of a more equitable, inclusive society with a positive impact on the environment.

COP

13,3%

share of the
total portfolio​

$17,7 Tn

Our Sustainable
Portfolio

4.615,0 M

USD

Figures as of March 2024

Goals 2023: to have a share in the sustainable finance portfolio consisting of loans with environmental and social benefits equivalent to 30% of our total portfolio

Green Financing

COP

$5,4 Tn

CONSOLIDATED

COP

$4,4 Tn

Colombia

258,6 M

USD
CENTRAL
AMERICA

Figures as of March 2024

Imagen

We promote sustainable development and contribute to the mitigation and adaptation to climate change through the financing of projects in energy efficiency, renewable energy, cleaner production, sustainable infrastructure, electric and hybrid vehicles, green mortgages, and sustainable construction.

Our Green Lines

RENEWABLE
ENERGIES

We finance projects intended to generate and use solar, wind, biomass and other non-conventional renewable energy sources.

ENERGY
EFFICIENCY

We support the construction of environmentally friendly businesses and communities through the financing of equipment and infrastructure that contribute to the efficient use of energy.

SUSTAINABLE
CONSTRUCTION

As leaders in financing in the construction sector, we support our clients in the development of projects with sustainable construction certification.

GREEN
MORTGAGES

We drive housing projects, both Social Interest Housing (VIS) and above VIS, with certifications in sustainable construction. Learn more about how to turn your property into a sustainable place.

SUSTAINABLE
INFRASTRUCTURE

We support projects that contribute to the well-being of communities by carrying out infrastructure works to mitigate the environmental risk of the region and promote its progress.

CLEANER
PRODUCTION

We promote the mitigation of environmental risks in the life cycle of the processes, products, and services we finance.

AGROSUSTAINABLE

We finance some green destinations classified by Finagro, related to environmental issues such as rural and ecological tourism, efficient water management, or forest planting and protection. Also, we support producers who, due to their good practices, have certification recognizing compliance with sustainable criteria.

ELECTRIC AND
HYBRID VEHICLES

We promote the use of electric and hybrid mobility, generating familiarity with technology, clean energy management, and environmental sustainability promotion

Social Financing

COP

$12,3 Tn

CONSOLIDATED

COP

$11,8 Tn

Colombia

133,0 M

USD
Central
america

Figures as of March 2024

We work on closing gaps to foster diversity and promote equity through our financing lines such as: Low Income Housing, women led SMEs and Low Income Housing for women.

Imagen

Sustainable Funding

From our role as a financier, we aim to mobilize resources to finance activities and projects with significant environmental, social, and governance (ESG) benefits, as well as investment strategies based on ESG criteria and associated products.

For Davivienda Colombia and Davivienda Central America, obtaining resources and diversifying capital with ESG criteria to finance new social and environmental projects is crucial.


Historical ASG Funding Balance Achieved:

2.499 M

USD

Disbursement History 2014-2023

Responsible investment

At Banco Davivienda, we are committed to including ESG factors in the investment evaluation process and managing risks more effectively. In this regard, we aim to build portfolios that embody the best ESG practices. View politic.

Corporate governance

We promote actions that strengthen the organizational culture through a Corporate Governance model that ensures the opinion and participation of all our stakeholders. Learn more here.

29%

women on the
Board of Directors

7.8

average
tenure (years)

71%

independent
members

Our Corporate Governance system consists of principles, policies, and norms that establish a set of best practices aimed at promoting transparency, ethics, and honesty in our actions. This constitutes a commitment to our stakeholders and the preservation of our business ethics.

Therefore, we understand that from our Board of Directors, the representation of its members and their experience is vital in guiding the Bank's strategy. Thus, we prioritize diversity, objectivity, and adequate knowledge of the organization and the sector in this governing body.
Meet the members of our Board of Directors.

Economic and corporate governance

Sustainable Finance

Total Sustainable Portfolio Balance

COP

$16,2 Tn

Figures as of March 2024

Social Financing

COP

$11,8 Tn

Social Lines
BALANCE

Figures as of March 2024

LOW-INCOME
HOUSING

We actively participate in government social housing programs, helping thousands of families achieve the dream of owning their own home.

LOW-INCOME HOUSING
FOR WOMEN

We support Colombian women in achieving their dream of owning their own home.

SMES
WOMEN:

We support women-led SMEs in growing their businesses.

Sustainable Funding

In Colombia, we have managed resources to finance various projects. This funding includes the issuance of two bonds.

Green Bond


In 2017 we issued the Green Bond for:

COP

$433 M

Term: 10 years

We have financed 76 sustainable construction projects, which have obtained, or are in the process of obtaining, sustainable construction certifications such as LEED or EDGE

Gender-focused Social Bond

First Gender-focused Social Bond in Colombia and South America

USD

100M

Term: 7 years.

We have financed women-led SMEs and women in achieving their dream of owning their own homes.

Responsible investment

We adhere to the United Nations Principles for Responsible Investment. We have 2 portfolios with ESG focus through Fiduciaria Davivienda.

Economic and corporate governance

Sustainable Finance

Total Sustainable Portfolio Balance

119.5 M

USD

Figures as of March 2024

Green Financing

RENEWABLE ENERGY

ENERGY
EFFICIENCY

CLEAN
PRODUCTION

SUSTAINABLE
CONSTRUCTION

ECO
VEHICLES

Green Products

GREEN LIFE
INSURANCE

For every policy purchased, a contribution is made to the restoration of mangroves in Bahía Tomas.

10

hectares
rehabilitated

+3K

policies

Economic and corporate governance

Sustainable Finance

Total Sustainable Portfolio Balance

108.8 M

USD

Figures as of March 2024

Green Financing

63 M

USD

RENEWABLE
ENERGY

Figures as of March 2024

Green Products

GREEN LIFE
INSURANCE

It is a life insurance policy where for every policy purchased, a contribution is made to the restoration of mangroves in Barra de Santiago.

6.2

hectares
intervened

+22K

policies

Green Savings Accounts

For every opening of a Mobile Account, DaviPlata, or Digital Fixed-Term Deposit, the customer supports the release of three neonate sea turtles.

+1.5K

500 turtles released
since 2009

40K

clients

Social Financing

45.7 M

USD

Figures as of March 2024

Social Lines, Programs, and Initiatives

SMEs
Women

The portfolio of Small and Medium Enterprises led by women represents 35% of the bank's SME portfolio.

Sustainable Businesses Club: Since 2010, we have developed the Sustainable Businesses Club, a unique proposal in the entire region, aimed at promoting business initiatives with digital and sustainable financial and non-financial products and services.

Economic and corporate governance

Sustainable Finance

Total Sustainable Portfolio Balance

93.6M

USD

Figures as of March 2024

Green Financing

32,8 M

USD

Figures as of March 2024

RENEWABLE
ENERGY

CLEANER
PRODUCTION




Green Products

GREEN LIFE
INSURANCE

For every policy purchased, a contribution is made to the restoration of mangroves in the Punta de Conga Ramsar site, located in the community of El Venado, in the southern part of the country.

3

hectares
of mangroves planted

7K

hatchlings of golfina turtles released

3K

policies

Social Financing

60,8 M

USD

Figures as of March 2024

Low Income Housing

We continue to participate in social housing financing, with 45% of the loans directed to single mothers.

Economic and corporate governance

Sustainable Finance

Total Sustainable Portfolio Balance

69,7 M

USD

Figures as of March 2024

Green Financing

43,2 M

USD

Figures as of March 2024

RENEWABLE
ENERGIES

ECO-VEHICLE

Green Account:

For each mobile account opened, the customer directly supports a program that aims to plant 10,000 coral fragments for reef restoration in Colón.

Reef

Social Financing


26,5 M

USD

Figures as of March 2024

Low Income Housing

+260

FAMILIES

Benefited from the purchase of their first home.