SURA Asset Management Receives Double Recognition for Excellence in Sustainable Practices

SURA Asset Management Receives Double Recognition for Excellence in Sustainable Practices
  • The company ranked first in Colombia for the second consecutive year in the "Sustainability Leading Company" category of the ALAS20 initiative.
  • In addition, it received the "Grand Prix ALAS20 Company" award, which recognizes it as the best performer among those evaluated in Latin America.
  • The distinction was based on the company's leadership, consistency, and excellence in publicly disclosing information about its ESG (Environmental, Social, and Corporate Governance) practices.

Medellín, July 3, 2024 - SURA Asset Management, a leading company in savings and retirement, investment, and asset management, has been distinguished with two recognitions in the ALAS20 2024 ranking. For the second consecutive year, the company ranked first as the "Sustainability Leading Company" in Colombia and received the "Grand Prix ALAS20 Company" award, which is given only to one company out of the six countries included in the evaluation: Brazil, Chile, Colombia, Spain, Mexico, and Peru.

ALAS20, organized by GovernArt, promotes sustainable development in Latin America and Spain. This initiative evaluates, qualifies, and recognizes excellence in the public disclosure of sustainable development and responsible investment practices in companies and investors. This year, SURA Asset Management has once again been recognized for its commitment and leadership in this area, receiving these two important awards.

"We are very proud to be recognized as a leading company in sustainability, reflecting our commitment to generating a positive impact on society and the environment. We continue to work, from all our businesses, on the action areas that we have set ourselves, with a special emphasis on employability and climate change, and on the importance of including ESG criteria in our actions and investments," expressed Clarita Velásquez, Sustainability Director of SURA Asset Management.

For the company, sustainability guides all actions and decisions. The recognition is supported by the strategies that the company and its businesses carry out in sustainable investment, for which it analyzes controversial sectors and companies, integrates ESG criteria into its financial analysis, and actively promotes positive practices with the groups it interacts with.

In addition, with the aim of contributing to the construction of a more sustainable future, SURA Asset Management is a signatory to the Principles for Responsible Investment (PRI), through its pension fund managers and its regional investment and asset management platform. As of today, the Company has measured the carbon footprint of 71.5% of its assets under management (AUM).

Through innovation, the adoption of international standards, and the strengthening of its relationships with stakeholders, SURA Asset Management is positioned as a leader in promoting sustainable development, with the aim of generating value for all its stakeholders.


About SURA Asset Management
SURA Asset Management is an expert company in savings for retirement, investments, and asset management with presence in Mexico, Colombia, Peru, Chile, Uruguay, the United States, and Luxembourg. It is a subsidiary of Grupo SURA, with other minority shareholders. As of March 2024, SURA Asset Management has USD 180 billion in assets under management belonging to close to 24 million clients in the region.