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At Fasecolda we work for sustainable growth for all

Insuring the future

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Sustainable Growth Strategy

We think that sustainable development is based on proper risk management.

A safe environment must consider all possible aspects that reduce uncertainty when facing eventualities and promote good risk management. Our commitment is to contribute to sustainable development with protection products for all, which strengthen Colombia's resilience and prepare us to face new challenges. We focus our actions to meet the Sustainable Development Goals (SDGs).

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Sustainable Growth Strategy

We think that sustainable development is based on proper risk management.

A safe environment must consider all possible aspects that reduce uncertainty when facing eventualities and promote good risk management. Our commitment is to contribute to sustainable development with protection products for all, which strengthen Colombia's resilience and prepare us to face new challenges. We focus our actions to meet the Sustainable Development Goals (SDGs).

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Financial Inclusion

We want to guarantee access to quality insurance for improving people’s well-being.

Access to insurance is an important part of the Insurance Sector's Sustainable Growth Strategy, as it favors, according to the World Bank, 7 Sustainable Development Goals: No Poverty; Good Health and Well-Being; Gender Equality; Decent Work and Economic Growth; Climate Action; Peace, Justice and Strong Institutions; and Partnerships for the Goals.

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Financial Inclusion

We want to guarantee access to quality insurance for improving people’s well-being.

Access to insurance is an important part of the Insurance Sector's Sustainable Growth Strategy, as it favors, according to the World Bank, 7 Sustainable Development Goals: No Poverty; Good Health and Well-Being; Gender Equality; Decent Work and Economic Growth; Climate Action; Peace, Justice and Strong Institutions; and Partnerships for the Goals.

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Financial education

An essential tool for resilience, sustainable development, and financial inclusion.

Financial education promotes the capacity to recover (resilience) when adverse events occur, as it provides the tools people need to develop skills and behaviors that allow them to overcome financial shocks. Financial education in insurance also contributes to the development of sustainable societies, as it reduces inequality gaps.

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Financial education

An essential tool for resilience, sustainable development, and financial inclusion.

Financial education promotes the capacity to recover (resilience) when adverse events occur, as it provides the tools people need to develop skills and behaviors that allow them to overcome financial shocks. Financial education in insurance also contributes to the development of sustainable societies, as it reduces inequality gaps.

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Climate risk management

Climate change is a macro risk that impacts the industry on several fronts.

For the insurance industry, the consequences of global warming are particularly important, as they affect the performance of our policyholders, the sustainability of our suppliers, and the stability of the companies we invest in. We are concerned about the exacerbation of risks currently covered by our insurance products and we are seeing the emergence of new risks for which protection products must be created.

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Climate risk management

Climate change is a macro risk that impacts the industry on several fronts.

For the insurance industry, the consequences of global warming are particularly important, as they affect the performance of our policyholders, the sustainability of our suppliers, and the stability of the companies we invest in. We are concerned about the exacerbation of risks currently covered by our insurance products and we are seeing the emergence of new risks for which protection products must be created.

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Environmental, social and governance (ESG) risks

ESG risks are increasingly being managed in order to strengthen business processes, projects, and investments.

ESG risks have increased in recent decades and, because they are so important to the sustainability of companies, various strategies have been developed internationally to manage them. These risks are uncertain conditions or events that can negatively affect an organization, and their proper management is of vital importance for the insurance industry.

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Environmental, social and governance (ESG) risks

ESG risks are increasingly being managed in order to strengthen business processes, projects, and investments.

ESG risks have increased in recent decades and, because they are so important to the sustainability of companies, various strategies have been developed internationally to manage them. These risks are uncertain conditions or events that can negatively affect an organization, and their proper management is of vital importance for the insurance industry.

See more

Sustainability Information System (SIS)

Annual sustainability results for the sector are available in the SIS.

Since 2010, Fasecolda has been consolidating the results of the sustainability survey of the insurance sector, completed by the affiliated insurance companies, in order to manage and take actions related to sustainability. SIS allows querying the aggregate results of the surveys by year and other relevant statistics for the various stakeholders.

Go to SIS

Sustainability Information System (SIS)

Annual sustainability results for the sector are available in the SIS.

Since 2010, Fasecolda has been consolidating the results of the sustainability survey of the insurance sector, completed by the affiliated insurance companies, in order to manage and take actions related to sustainability. SIS allows querying the aggregate results of the surveys by year and other relevant statistics for the various stakeholders.

Go to SIS

Fundaseg

Promotes culture, education, sports, research, environmental protection, and other social benefit actions.

The Colombian Insurers Foundation (Fundación de Aseguradores Colombianos) (Fundaseg) is a non-profit organization established in 1980 to promote culture, education, sports, research, environmental protection, and other social benefit activities. Since 2000, the Foundation has been managed by the Colombian Insurers Association (Federación de Aseguradores Colombianos) (Fasecolda).

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Fundaseg

Promotes culture, education, sports, research, environmental protection, and other social benefit actions.

The Colombian Insurers Foundation (Fundación de Aseguradores Colombianos) (Fundaseg) is a non-profit organization established in 1980 to promote culture, education, sports, research, environmental protection, and other social benefit activities. Since 2000, the Foundation has been managed by the Colombian Insurers Association (Federación de Aseguradores Colombianos) (Fasecolda).

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Sostenibilidad Fasecolda

Trabajamos por un crecimiento sostenible para todos

  • Superintendencia Financiera de Colombia
  • UNEP – FI
  • Revista Fasecolda

Otra información de contacto

Télefono: (601) 344 3080

Dirección: Cra. 7 Nº 26–20 Piso 11 y 12

Ciudad: Bogotá, Colombia

Correo: sostenibilidad@fasecolda.com

NIT: 860.049.275-0

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Mapa de sitio

  • Sustainable Growth Strategy
  • Climate change strategy
  • Physical risks
  • Transition risks
  • Financial Inclusion
  • Viva Seguro
  • ESG risks
  • Fundaseg

Fasecolda 2020