Biodiversity

In a context of growing global challenges, GEB recognizes nature as a strategic asset and a key enabler for the sustainability of its activities.​

Investors, financial markets, regulators, governments, standards, and civil society are demanding practices to identify and manage risks, impacts, opportunities, and dependencies related to nature, in order to align with international frameworks, standards, guidelines, and best practices.

 

Our strategy

 

The Nature Strategy recognizes widespread concerns regarding ecosystem degradation, as well as the expectations and opportunities for their conservation and restoration. It is grounded in the strategies, guidelines, and commitments adopted by the Group.

 

 

 

Objective.​​

Establish nature conservation actions based on sustainable use, conservation, and ecosystem restoration, with a focus on the well-being and prosperity of local communities.”

 

Tigrillo Lanudo o Oncilla (Leopardus tigrinus) Región Andina

 

Our Management:

 

At Grupo Energía Bogotá (GEB), we implement actions aimed at avoiding, mitigating, restoring, and transforming ecosystems, while strengthening the capacities and well-being of communities within our areas of influence. The main progress achieved during 2025 is presented below.

 

 

 

Risk and Opportunity Management

 

For the first time, GEB presents its TNFD Report, the global reference framework for managing nature-related financial risks and opportunities. Discover how we did it.​

In line with the Nature Strategy, the LEAP methodology from the framework was applied through the execution of six pilots across subsidiaries in Peru, Guatemala, and Colombia. These pilots assessed material dependencies and impacts on key ecosystem services across each business value chain (upstream, direct operations, and downstream).

 

N°​

Risk Type​

Description

Impact

Impact (Probability × Consequence)​

Controls

1

Chronic physical​

Landslides, floods and soil instability due to loss of vegetation cover.​
  • Structural damage to transmission towers and gas pipelines.​
  • Service interruptions. ​
  • Delays in the construction of new projects.

Low

  • Adaptation plans: restoration of vegetation cover, etc. ​
  • Preventive maintenance.

2

Chronic physical​

Ecosystem fragmentation in linear energy transmission and gas transport projects​
  • Biodiversity loss. ​
  • Community conflicts. ​
  • Sanctions from environmental authorities. ​
  • Costs due to additional environmental requirements.

Medium

  • Biodiversity offsets. ​
  • Environmental management plans (flight diverters, relocation protocols, etc.). ​
  • Use of drones during construction.

3

Acute physical​

Occurrence of extreme weather events (storms, droughts, high temperatures, etc.).​
  • Damage to transmission lines and gas pipelines. ​
  • Disruption of transmission and gas transport services. ​
  • Revenue losses due to asset unavailability. ​
  • Increase in insurance premiums. ​
  • Fines for non-compliance with reliability standards.

Medium

  • Climate adaptation plans (construction and operation phases). ​
  • Infrastructure design with reinforced construction standards.

4

Reputational​​

Limited community access to resources and habitats due to the presence of company infrastructure.​
  • Reputational damage. ​
  • Blockades and protests. ​
  • Legal proceedings, sanctions and delays.

Low

  • Implementation of environmental management measures.​
  • PQRS mechanisms and community engagement.​
  • Community participation in conservation and monitoring initiatives. ​
  • Social investment projects.

5

Political​

Regulatory changes that increase environmental management requirements.​
  • Increased costs for compliance with compensation, conservation and restoration obligations. ​
  • Delays in schedules due to adoption of new requirements.

Low

  • Participation in sector regulatory discussions. ​
  • Strict implementation of compensation plans.

6

Market

Reduced availability of natural resources (water, aggregates, timber) due to climate or social factors.​
  • Supply shortages and difficulties accessing key resources. ​
  • Impact on projected profitability of gas and transmission network expansions.

Medium

  • Agreements and contracts with suppliers and local communities. ​
  • Supply chain diversification.

7

Market

Increase in costs of inputs and materials due to global market disruptions (steel, copper, concrete) or fuels.​
  • Higher input costs.​

Medium

  • Long-term supplier contracts. ​
  • Price control mechanisms in construction contracts.

8

Technological​

Increase in costs due to new investments required to adapt infrastructure to permanent or temporary climate changes.​
  • Increase in construction costs.​

Medium

  • Assessment and integration of cost-efficient technologies in projects.

9

Liability

  • Claims due to irreversible ecosystem damage.
  • Claims due to restricted access to ecosystem services by local communities.
  • Legal sanctions affecting project schedules and costs. ​
  • Increased conflicts with local communities.

Low

  • PQRS mechanisms and community engagement.​
  • Community participation in conservation and monitoring initiatives. ​
  • Social investment projects.

OPORTUNIDADES

Categoria TNFD

Oportunidad

Eficiencia de recursos

Iniciativas de Economía Circular para Residuos de Construcción y Mantenimiento.
Iniciativas de eficiencia energética en las operaciones.
Sustitución de combustibles.

Desarrollo de productos o servicios

Servicios ambientales para la estructuración de Corredores de Biodiversidad y Conectividad.
Fortalecimiento de comunidades locales para el ofrecimiento de servicios ecoturísticos en torno a ecosistemas estratégicos.

Mercado

Emisión de instrumentos de financiación sostenibles para proyectos de infraestructura.
Reconocimiento del mercado (accionistas, aseguradoras, bancos, socios potenciales, etc.) del valor generado por la conservación de la biodiversidad.

Incentivos financieros

Acceso a condiciones favorables de crédito y aseguramiento.
Acceso a recursos públicos y privados (nacionales e internacionales) para la conservación de la biodiversidad.

Reputación

Involucramiento de las comunidades locales en las estrategias de conservación, restauración y monitoreo.
Fortalecer el relacionamiento estratégico y la confianza de los grupos de interés mediante la transparencia en la divulgación de las acciones en conservación y restauración, consolidando la licencia social para operar.
Alianzas Estratégicas con Instituciones Científicas y ONGs de Conservación.

 

Read the full TNFD Report here

 

Learn more about our nature risk management at the following link:

 

 

“Biodiversity exposure and assessment”

At GEB, we are aware that due to the nature of our operations and the geographic location in which we operate, some of our activities take place in areas with high biodiversity richness.

 

Therefore, in all cases in which our operations are located in biodiverse territories, we carry out rigorous Environmental Impact Studies that allow us to identify possible effects on ecosystems and establish Environmental Management Plans aimed at preventing, mitigating and, when necessary, compensating for such impacts.

 

This approach allows us to operate in a responsible manner, aligned with our commitment to the conservation of nature and the well-being of local communities.
Biodiversity exposure and assessment.pdf

 

Status of environmental offsets

Subsidiary

Regional

Departments

Obligations under execution (ha)

Total subsidiary obligations (ha)

Enlaza

North

Bolívar, La Guajira, Magdalena

3826*

5548

Center

Meta, Cundinamarca, Santander

1008

Southwest

Antioquia, Caldas, Huila, Tolima, Putumayo, Quindío, Risaralda, Valle del Cauca

714

TGI

Center

Cundinamarca, Boyacá, Santander

1456

1881

Northwest

La Guajira, Cesar, Bolívar, Tolima, Caldas, Risaralda, Quindío, Huila, Valle del Cauca,

140

eastern

Meta, Casanare,

213

Conecta

Santa Lucia Milpas Altas, Sacatepequez, San Pablo Jocopilas, Suchitepequez

17

17

 

*Enlaza:The hectares to be compensated may be reduced for Colectora due to less intervention in ecosystems than originally foreseen.Electrodunas, Cálidda and Contugas have no compensation commitments.

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