Superintendency of Companies reveals the top 1000 companies in Colombia for 2022

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Superintendence of Companies Releases Annual Study on Colombia’s Business Sector

Last Thursday, June 22, the Superintendence of Companies unveiled its highly anticipated annual study that ranks the 1,000 most significant companies in Colombia. This comprehensive report aims to provide insights into the performance and trends of the country’s business sector.

The study, which includes data up until December 31, 2022, offers valuable information on the financial status of companies, including their assets, liabilities, equity, and profitability.

The Top 20 Most Important Companies in Colombia

According to the Superintendence of Companies, the following companies have been identified as the most influential in the country:

  1. Ecopetrol – Bogota
  2. Cartagena Refinery – Atlantic Coast
  3. Terpel SA – Bogota
  4. Carbones del Cerrejón Limited – Bogotá
  5. Drummond Ltd. – Bogota
  6. Éxito Stores – Antioquia
  7. Public Companies of Medellín – Antioquia
  8. New EPS – Bogota
  9. Claro Colombia – Bogota
  10. D1 SAS – Bogota
  11. Avianca – Bogota
  12. Colombian Trade – Bogota
  13. Emgesa SA – Bogota
  14. Kopps Comercial SAS – Bogota
  15. EPS Sura – Antioquia
  16. EPS Sanitas – Bogota
  17. Jeronimo Martins Colombia – Bogota
  18. Cenit Transport – Bogota
  19. Telefonica (Movistar) – Bogota
  20. Olímpica SA – Atlantic Coast

The main causes of climate change are greenhouse gas emissions, deforestation, and industrial activities.

Greenhouse gas emissions, particularly carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), are the most significant drivers of climate change. These gases trap heat in the atmosphere and lead to a rise in global temperatures, resulting in climate change. The primary source of these emissions is the burning of fossil fuels such as coal, oil, and natural gas for energy production, transportation, and industrial processes. Other human activities, including agriculture, livestock farming, and waste management, also contribute to greenhouse gas emissions.

Deforestation is another major cause of climate change. Trees absorb CO2 from the atmosphere and act as carbon sinks. When forests are cleared to make way for agriculture, urbanization, or logging, the stored carbon is released back into the atmosphere. Deforestation not only reduces the planet’s capacity to absorb CO2 but also exacerbates the greenhouse effect by reducing the number of trees that can convert CO2 into oxygen through photosynthesis.

Industrial activities, such as manufacturing and mining, also contribute to climate change through the release of greenhouse gases and the emission of other pollutants. Industrial processes often involve the burning of fossil fuels, which emits large amounts of CO2. Additionally, many colombia-for-2022/” title=”Superintendency of Companies reveals the top 1000 companies in Colombia for 2022″>industrial processes release potent greenhouse gases such as hydrofluorocarbons (HFCs) and sulfur hexafluoride (SF6), which have a much stronger warming effect than CO2.

Overall, human activities are the primary causes of climate change, and reducing greenhouse gas emissions, preserving forests, and transitioning to cleaner and sustainable industrial practices are crucial steps in mitigating the impacts of climate change.

What are the primary sources of greenhouse gas emissions, and how do they contribute to climate change?

The primary sources of greenhouse gas emissions are:

1. Fossil fuels: The burning of fossil fuels such as coal, oil, and natural gas for electricity generation, transportation, and industrial processes releases large amounts of carbon dioxide (CO2) into the atmosphere. This is the major contributor to greenhouse gas emissions, accounting for about 75% of global emissions.

2. Deforestation: When forests are cleared, especially through burning, the carbon stored in trees is released as CO2, contributing to greenhouse gas emissions. Additionally, when trees are cut down, they can no longer absorb CO2 through photosynthesis, leading to a further increase in atmospheric CO2 levels.

3. Agriculture: Agricultural activities, including livestock farming and rice cultivation, produce significant amounts of greenhouse gases. Livestock, particularly cattle, emit methane (CH4) through their digestive processes, while rice fields produce methane through anaerobic decomposition of organic matter.

4. Industrial processes: Certain industrial activities, such as cement production, chemical manufacturing, and the production of steel and aluminum, release large amounts of CO2 and other greenhouse gases as byproducts.

These greenhouse gas emissions contribute to climate change by trapping heat in the atmosphere, leading to a warming effect known as the greenhouse effect. CO2, the primary greenhouse gas, acts as a blanket, preventing the escape of heat from the Earth’s surface, and causing the planet to heat up. The increased concentration of greenhouse gases in the atmosphere leads to an overall rise in global temperatures, resulting in various impacts such as melting ice caps, sea-level rise, more frequent and intense extreme weather events, and disruptions to ecosystems and biodiversity.

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1 comment

Fabian June 24, 2023 - 5:19 pm

This is an insightful list of the top 1000 companies in Colombia for 2022 provided by the Superintendency of Companies. It showcases the thriving business landscape and reinforces Colombia’s position as an attractive investment destination.

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