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Corporate governance

We act with conviction, demonstrating that we can make progress and be competitive in the business by being ethical and transparent.

At ISA and our companies

For us, corporate governance is the set of values, principles, policies, rules, practices and processes, by which ISA is directed.

ISA is looking for business efficiency, growth enhancement, and encouragement of investors’ confidence in domestic and international contexts by means of practices aimed at the transparency and coherence, the respect of those who invest in our Company, and the fulfilment of its commitments with stakeholders.

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Consult the main rules of the Corporate Governance System.

ESG report

Bylaws

Code of Ethics and Conduct

ISA’s Good Corporate Governance Code

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* In all ISA’s corporate documents issued prior to the entry of ISA and its Companies into the Ecopetrol business group, where reference is made to the ISA business group or ISA Group, it shall be understood that reference is made to ISA and its Companies. For more details, consult our Code of Corporate Governance, Introduction section.

Shares and bonds

Shares and bonds traded in the Colombian Stock Exchange ADRs Level I negotiated in the Over the Counter market of the United States.
*Figures extracted from the ISA’s 2022 Integrated Management Report

97%

Country Code recommendations implemented

100%

Complaints addressed by the Ethics Line

0%

Human Rights violation events

78%

Independent members in the Board of Directors

Corporate governance system

Learn how does our corporate governance work here in ISA, explore our purpose, codes, rules and policies which guide and direct us to an ethical action.

Connections that inspire
We declared a superior purpose that is the sterting point for our company’s actions.Our goal is to create connections from a place of commitment with our stakeholders.

Good governance code

Code of ethics

Commitment with our stakeholders

Board of directors

Senior management

A unique and inspiring team leads the ISA. This team is committed to regional development, global transformation, environmental protection, and business innovation.

As per ISA’s legal nature of Mixed capital Utilities Company its officers are not Politically Exposed Persons (PEP)

Business management

Did you know that we deliver information under GRI (Global Reporting Initiative) standards?

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Integrated Management Report

Corporate Governance Report

Corporate Auditor policy

General Assemby's regulations

Succession policy for the Board of Directors

Remuneration policy of the Board of Directors

Board of Director's operation agreement

Operating Regulations Audit and Risk Committee

Operating Regulations Corporate Governance, Sustainability, Technology and Innovation Committee

Business Committee Operation Regulation

Organizational Talent Committee Operating Regulations

Procedure for the management of ISA administrators conflicts of interest

Management for the negotiation of ISA's shares by our administrators

Country code survey

At ISA, we firmly support initiatives that aim to strengthen Best Practices of Corporate Governance, such as the Country Code Survey.

Corporate policies

The Board of Directors is responsible for establishing, guiding and reviewing the corporate strategy, guidelines and policies, which are communicated through this website and through the internal information portals for each stakeholder and through synergy networks of the Business Group Work Model. Read our policies in spanish.

Diversity and inclusion

Decisions aimed at incorporating the diversity and inclusion approach as principles of business management and relationship with the different stakeholders.

Occupational Safety and Health

Decisions to protect and preserve the safety and health of our employees, suppliers, and other people involved in the activities of our companies.

Information, Knowledge and AI

Find here our information and knowledge management guidelines, These assets are essential for the development of our business units, the creation of alliances, and the continuity of our operation.

Comprehensive Risk Management

At ISA and its companies, Comprehensive Risk Management is extremely important to generate and protect value, preserve the integrity of resources, and ensuring the continuity and sustainability of business units.

Asset management

Learn the principles that govern the decisions, activities, and behaviors of asset management to meet strategic objectives and achieve sustainable value at the ISA Group.

Environmental

We design a responsible environmental management model, focusing on the use of natural resources to ensure that our processes are aligned with the pursuit of sustainable development.

Service

Find here our commitment to providing quality, timely, and reliable services at competitive prices, specially designed to satisfy our clients and build long-term relationships.

Related-party transactions

  Aligned with our commitment to promote the adoption of good corporate practices in the Company to reinforce investor confidence, corporate efficiency, transparency, and compliance with commitments to our stakeholders, we have established guidelines so that related-party transactions at ISA and our companies are carried out at market prices and conditions, respecting the rights of our companies’ shareholders and creditors, contributing to the achievement of strategic goals for the Group, and complying with the law.

Corporate guideline on related-party transactions

Identification, assessment, approval, disclosure and supervision procedure for commercial transactions between ISA and its related parties. See Title 6- Corporate Governance Code

We've got a lot to tell you

Learn about our financial and governance actions, including other activities that guarantee a transparent and innovative development of our business units
foto de Juliana Suso, vicepresidente de Relaciones Institucionales de ISA. Ella lleva una camisa azul clara y un blazer oscuro

Relevant information

Statutory Auditor’s report

Línea ética

Como parte del monitoreo al cumplimiento de nuestro Programa Empresarial de Ética y Compliance, disponemos la Línea Ética, a través de la cual los grupos de interés pueden reportar el incumplimiento de lo que establece este programa, particularmente en lo relacionado con fraude, corrupción, soborno, lavado de activos y financiación del terrorismo.

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