Issued by the Colombian National Agency of Infrastucture, this regulation demands that mega-infrastructure projects under public tender issue ESG plans and reporting using the Equator Principles and GRI. The ESG plan to be issued by the contrated organization has to lay out the projects to be implemented by the organization in order to use natural resources in a sustainable way, as well as education and social projects to be implemented in the community affected by the infrastructure project.
Industry sectors covered by the instrument
Organizations covered by the instrument
All infrastructure projects
Type of instrument
Mandatory or voluntary
The geographical scope