Energy that transforms

Integrated Report 2021

About our report

About our report is the document that summarizes the most outstanding results of our economic, social and environmental performance in 2021.

We are a Grupo Argos company, passionate about renewable energy and energy efficiency. We are convinced that a more sustainable world is possible.

We work to guarantee the generation of value over time, to be development partners and to respond to the expectations of all our Stakeholders in environmental, social and governance (ESG) matters; this, always bearing in mind the national and international context in which we operate, our organizational culture and corporate strategy.

In this ninth edition of our Integrated Report, we deliver to all of you our balance of environmental, social and governance results, in addition to financial and business results. This is the result of the teamwork of all Celsians, which we hope you enjoy to continue growing together.

GRI (102-45) (102-50) (102-51) (102-52) In this digital report, where we dare to be different, you will find all the relevant information about our operations in Colombia, Panama, Costa Rica and Honduras from January 1 to December 31, 2021; this will allow you to know the main achievements of the year, the opportunities for improvement and our future objectives, always with the conviction of being agile and reliable to provide our clients and stakeholders with the best solutions.

GRI (102-12) (102-54) In order to continue being transparent and responsible with our impacts, this report was prepared in accordance with the Global Reporting Initiative (GRI) Standards, Essential Option; the guidelines of the International Integrated Reporting Council (IIRC); the indicators of the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures 8TCFD), and also following recommendations for the publication of information from the Dow Jones Sustainability Index (DJSI). Additionally, we evidence the Organization’s contribution to the Sustainable Development Goals (SDGs).

The periodicity of this publication is annual and the last edition was published in March 2021, corresponding to the 2020 Financial Year. It also includes the management and performance indicators of the businesses in which we participate (Transmission and Distribution), which are executed by Celsia Colombia (formerly EPSA) and CETSA, companies in which Celsia has, directly or indirectly, a stake of more than 50% of the subscribed or paid capital.

GRI (102-45) (102-51) (102-52) (102-53) For more information about our report, you can write to us at

GRI (102-48) (102-49) On the other hand, although we have not expressed relevant information, there may be updated data or changed in the calculation methodology for some indicator, which we detail in each of the respective sections. To maintain compatibility with the figures published in previous reports, we express them in Colombian Pesos (COP) and in US Dollars (USD) at a representative market rate (TRM, in Spanish) of COP 3,747.24.

GRI (102-56) (102-32) The 2021 Integrated Report has been approved by the Celsia CEO and the Steering Committee; likewise, Deloitte & Touche Ltda. carried out the independent verification, in order to ensure the reliability and accuracy of the information published.