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We promote innovative actions for the conservation and efficient use of natural resources, comprehensive management of environmental impacts and due diligence throughout the value chain. Through these actions, we aim to ensure the continuity of the business over time, taking into account the expectations of our stakeholders and the timely management of risks. Learn more about our Environmental Policy.

Environmental Management System

Our Environmental Management System is certified under ISO 14001:2015. This ensures that our organization’s operation and maintenance activities comply with the applicable regulations in force and that their socio-environmental criteria promote, in all our stakeholders, innovative actions for the conservation and efficient use of natural resources, the mitigation of negative impacts and the enhancement of positive impacts. 

See the certificates.

Our Due Diligence is carried out by interdisciplinary teams made up of financial, legal and socio-environmental employees of the organization.  Learn more about our guide by clicking here.

Environmental impact assessment

By clicking here, here you will find a summary of the environmental impact assessments (EIA) of our assets where we operate.

Climate change

We understand that the effects of climate change give rise to vulnerabilities in our operations. That is why, we are projecting an increasingly cleaner and more balanced energy matrix, with a high share of renewable energies. For more information, click here.

The Greenhouse Gas Inventories and external verification certificates are presented below:

Since 2015, the Company has been reporting to the Carbon Disclosure Project (CDP) on climate change. See these reports below:

These reports and their results are available on the CDP website.

Risks associated with climate change

The organization has identified some of the most important risks associated with climate change that must be studied in upcoming years due to the effect they could have on the business:

  • Decrease or total loss of energy generation capacity.
  • Reduction of the capacity of hydroelectric plants.
  • Denial of permits for the construction of new plants.
  • Political and social instability
  • Transitional & Physical risks related with climate change. To know more clic here

Physical risk assessment methodology, To know more clic here.

To know more clic here, to know more clic here.

 

Celsia is currently implementing the TCFD recommendations, which will be reflected in the 2021 Integrated Report.

Possible effects of climate change in the sector that would impact Celsia:

Hydroelectric

Hydroelectric

  • Restrictions in the water flows that are given or renewed.
  • Shorter, more intense droughts or floods.
  • Reduced water quality in the reservoirs.
  • Possible changes in regulation aimed at multi-purpose reservoirs.
Thermal

Thermal

  • Reduction of the available water resource.
  • Temperature problems in the cooling units.
  • Water quality problems for steam and cooling.
  • Decrease in power due to increased ambient temperature.
  • Greater restrictions in energy intensity.
  • Opposition by stakeholders to thermal energy projects.
Wind

Wind

  • Increased wind due to global convection.

Eco-efficiency

  • Eco-efficiency

We use natural resources in the most efficient way, since the continuity of our business over time depends on it. For this reason, we implement best practices for saving energy, proper disposal of solid waste, landfill management and control of atmospheric emissions. For more information, click here.

Biodiversity

We address biodiversity management and conservation as a relevant issue. We therefore employ the highest environmental standards, using the mitigation hierarchy principle to minimize the net loss of biodiversity.  Celsia’s commitments to biodiversity conservation can be seen here.

Since 2016, Celsia has been implementing ecological restoration activities through the ReverdeC. Thus, by the end of 2020, a total of 3,884 hectares of vegetation has been restored in the departments of Antioquia, Tolima and Valle del Cauca, in 25 watersheds, with a total of 5.7 million trees planted. Learn more about the project. View more.

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In addition, 616 species of fauna included in the International Union for Conservation of Nature (IUCN) Red List and in national conservation lists in Colombia and Central America were recorded at the Colombian and Central American facilities. For more details, See.

Finally, since 2020 we have been developing an application to document, manage and publish the information on biodiversity obtained in studies contracted for the generation, transmission and distribution facilities.  This application is expected to be running in the second half of 2021

Water stress

Globally, the amount of water that can be used for different human activities has been an ongoing concern due to experiences in different countries where disruptions in water availability can lead to serious impacts on socio-economic and ecological systems.

The World Business Council for Sustainable Development (WBCSD) identifies the following water-related risks to businesses worldwide: increased cost and operational risks, regulatory and reputational risks, employee and customer health risks, market and product risks, financial risks (WBCSD).

 International organizations have conducted studies on the state of water and its problems at the global level, and water scarcity is considered a significant and growing threat to the environment, human health, energy security and the world food supply (Pereira et al. 2009, at: PNUMA, 2012).

For this reason, tools have been developed to help companies measure the dimension of and understand the water availability problem, allowing them to assess current water conditions and possible future projected scenarios.

Global Water Tool - GWT

 Global Water Tool –GWT- is a tool developed by the World Business Council for Sustainable Development (WBCSD) that uses coordinates and data regarding water use for each of the facilities assessed. The data on water use are used to elaborate standardized reports but not to assess water use of a certain company in the surroundings in which it is located. It also allows comparing the area where the company is located and its operating sites, to determine whether they are located in areas of water scarcity or risks.

To apply the tool, the following power plants were considered for analysis: thermal, run-of-river hydroelectric and reservoir power plants. In order to make the analysis more practical, all the run-of-river hydroelectric power plants were grouped together, as well as those with reservoirs.

When applying this tool, the results do not show critical water resource situations in any of the areas where we are operating. On the contrary, they show abundant water availability in all areas. For more details, click here.

 

To apply the tool, the following power plants were considered for analysis: thermal, run-of-river hydroelectric and reservoir power plants. In order to make the analysis more practical, all the run-of-river hydroelectric power plants were grouped together, as well as those with reservoirs.

When applying this tool, the results do not show critical water resource situations in any of the areas where we are operating. On the contrary, they show abundant water availability in all areas. For more details, click here.

Aqueduct WRA is a global tool for mapping water risks which helps companies, investors, governments and users in general to understand how and where to locate the areas evidencing water risks.

Through the geographical position and location of the company, this tool provides several data and maps that show potential water risks, both physical, as well as regarding regulation and reputation. It also provides results by taking into account different factors, each of which consists of an associated measurement scale.

 

 

In general, for all our facilities, the overall results, qualitative and quantitative physical water risks show low to medium values, meaning that the power plants are not exposed to significant risks regarding water quantity or quality. 

Energy resource management

We offer a diversified generation matrix, with innovative and efficient services, to ensure the necessary resources for our operations and services. For more information, click here.

For more information about our environmental management