Geopark Holdings Limited, commonly referred to as Geopark, is a prominent player in the oil and gas industry, headquartered in Colorado. Founded in 2002, the company has established a strong operational presence across Latin America, particularly in Colombia and Chile, where it focuses on exploration and production activities. Geopark is renowned for its commitment to sustainable practices and innovative exploration techniques, setting it apart in a competitive market. The company’s core services include oil and gas exploration, production, and development, with a notable emphasis on maximising resource potential while minimising environmental impact. With a reputation for operational excellence, Geopark has achieved significant milestones, including successful drilling campaigns and strategic acquisitions, solidifying its position as a leading independent oil and gas operator in the region.
How does Geopark's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Geopark's score of 24 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Geopark reported total carbon emissions of approximately 5,102,706,000 kg CO2e, with emissions distributed across various scopes: 182,345,000 kg CO2e from Scope 1, 46,624,000 kg CO2e from Scope 2, and 4,873,736,000 kg CO2e from Scope 3. This reflects a slight decrease from 2022, where total emissions were about 6,055,037,000 kg CO2e. Geopark's emissions profile indicates a significant reliance on Scope 3 emissions, which account for the majority of their carbon footprint. The company has not disclosed specific reduction targets or initiatives, nor have they committed to any climate pledges or SBTi (Science Based Targets initiative) reduction targets. The organisation's headquarters is located in Colombia (CO), and it operates globally, with a focus on reducing its environmental impact through various sustainability measures. However, without specific reduction targets, the effectiveness of their climate commitments remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 355,153,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 125,000 | 000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 6,781,313,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Geopark is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.