Grupo SURA reaffirms its commitment to sustainable profitability by being recognized by S&P Global as a member of its Sustainability Yearbook for 2025

  • For this year´s Yearbook, S&P evaluated the sustainability management of more than 7,600 organizations on a global level and selected the top 780.
  • Our inclusion in this publication acknowledges the commitment to responsible sustainability management based on a long-term vision as shared by Grupo SURA, its subsidiaries Suramericana and SURA Asset Management, as well as its companies throughout the region,.
  • Among the aspects evaluated for being admitted to this year´s Yearbook, the Company particularly stood out in the categories of risk management and sustainable finance.

This Tuesday, Grupo SURA was recognized by  S&P Global's Sustainability Yearbook 2025 as one of the best performing organizations in terms of its handling of social, environmental and corporate governance issues on a global level. For this year´s edition, the aforementioned ratings firm considered 7,690 organizations and selected 780, from 62 different industries. 

"For Grupo SURA, having been admitted to the S&P Sustainability Yearbook is a recognition of our characteristic way of doing business, in which it is not just the results that matter, but also the way we achieve these. We shall continue to move forward and deepen our understanding of best practices on a global level, based on our long-term vision and with sustainability as the cornerstone of our strategy," stated Ricardo Jaramillo Mejía, Grupo SURA’s Chief Executive Officer.

The members of the Yearbook are selected based on their overall scores in their Corporate Sustainability Assessments (CSAs) for the immediately preceding year, which consolidates performance from the environmental, economic and social standpoints. In order to form part of this publication, organizations must have an overall score within the top 15% of their particular industry and within 30 percentage points of the industry leader.

This year, Grupo SURA obtained an overall score of 69 out of a total of 100 in the CSA, two points higher than for 2023, and higher than 98% of the companies belonging to the Diverse Financial Services sector, a score which ranked the Group´s risk management and sustainable finance performance the highest. This reflects the importance of sustainable ESG management as well as a long-term vision that is present in the strategy shared by Grupo SURA, its subsidiaries Suramericana and SURA Asset Management, as well as their companies in Latin America.

In the case of Grupo SURA in 2024, the Company made progress with its reporting and public information disclosure practices, updated its Code of Good Corporate Governance and its Sustainable Investment Framework Policy, which guides its capital allocation decisions and those of its subsidiaries, by incorporating ESG criteria. 

SURA Asset Management moved forward in terms of sustainable investment and climate change management, by identifying climate change risks in Colombia, Peru and Mexico, with 80% of its portfolio subject to carbon footprint measurements, and having integrated ESG criteria in 100% of its assets under management. The Company also prioritized issues such as financial inclusion and human rights.

In 2024, Suramericana expanded the scope of the carbon footprint measurements of its investment and insurance portfolios, and moved ahead with its methodology for quantifying climate-related physical and transition risks, as well as identifying its impact and dependency on nature. The Company also worked on fronts such as the social impact that its portfolio has, training its human talent in terms of diversity, equity and inclusion (DEI), and preventing sexual harassment in the workplace.

Bancolombia, one of the main investments in Grupo SURA's portfolio, was also recognized by S&P Global as one of the most sustainable companies in the world. With a score of 85 out of a total of 100 in its Corporate Sustainability Assessment, the Bank scored the highest for its climate strategy, with a commitment to reducing emissions and adapting to climate change; human capital management, business ethics, and efforts to expand people´s access to financial services.

With this approach, the Companies belonging to the SURA Business Group shall continue to move towards greater sustainable profitability.

 

 

About the SURA Business Group:
We are a Colombian Organization founded 80 years ago, that is present in 8 countries in Latin America where we serve more than 44 million clients with the help of nearly 28 thousand employees. Our holding company is Grupo SURA, which manages a portfolio focusing on financial services that includes its subsidiaries Suramericana, specializing in insurance as well as trends & risk management through its companies Seguros SURA, a leader in its industry in Colombia and present in six other countries throughout the region; SURA Asset Management an expert player in asset management, which also has a direct presence in 5 other countries through its Savings and Retirement business units (pension fund management) and its regional platform SURA Investments. Likewise, the Organization has its own SURA Foundation, incorporated in Colombia, Mexico and Chile.