Our Supply Chain partners are a fundamental part of the sustainability work we carry out in the Group, because through them we extend our operations aimed at generating economic, social and environmental value.

With this same orientation, we work together with all areas of our organization in the contracting and purchasing stages.

Sustainable procurement policy

To promote sustainability in the country, the Bancolombia Group has implemented our sustainable purchasing policy, which includes specific environmental, social, economic and ethical criteria for the selection of products and services.

By 2023 we have 10 sheets with criteria for sustainable purchasing, we evaluate more than 50 suppliers on sustainability issues and all contracts have sustainability compliance clauses.

Suppliers’ development in sustainability

In 2023 we changed the way we measure suppliers and we are creating a new baseline that allows us to identify how suppliers are improving their sustainable performance.

You'll see more information soon