Sustainable funds compete against traditional investment in Colombia

According to Portfolio, over the past years, several Colombian companies have incorporated ESG factors into their investment portfolio. From these, Colombian Stockbroker, Acciones y Valores, launched FORE, the first private equity that considers carbon offset certificates. Bancolombia bank has funded sustainable projects for more than $1.5 billion (Co$ 4.7 billion). Pension fund administrator Porvenir has incorporated long-term and fixed-rate investment opportunities under ESG standards, starting at $54(Co$ 200,000); among other companies.

Source: Portafolio