The Superintendencia de Sociedades de Colombia has implemented new guidelines requiring certain companies to submit a Sustainability Report, mandating the reporting of their impact on environmental, social, and governance factors. This report becomes a key tool for various industries. Discover how this regulation affects companies and how SUMAC can help you create an effective report aligned with international standards.
In Colombia, Law 222 of 1995 establishes the obligation for certain companies to submit management reports including information on their environmental and social impact, aiming to promote business transparency and accountability, and allowing investors access to key information about company practices in these areas.
In 2021, the Superintendencia de Sociedades issued External Circular 100-000008, expanding and specifying requirements for the submission of Sustainability Reports. This regulation applies to companies under its supervision, as well as those with revenues or assets exceeding 40,000 SMMLV.
The Sustainability Report must be comprehensive and structured, including:
The report goes beyond a simple legal obligation; it is a powerful tool to:
At SUMAC, we understand the importance of Sustainability Reports and the impact they have on companies’ long-term reputation and success. We offer comprehensive advisory for the preparation of your Sustainability Report, ensuring it meets international standards and is aligned with Colombian regulations.
Our team of experts will work with you to create a report that complies with regulations and also authentically reflects your company’s good practices and sustainability achievements. Make sustainability a differentiating value for your company. With SUMAC’s support, you can transform the Sustainability Report into a strategic tool for your growth and reputation. Contact us!
