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Ecopetrol S.A., a leading player in the non-specified petroleum products industry, is headquartered in Bogotá, Colombia. Founded in 1951, the company has established itself as a cornerstone of Colombia's energy sector, with significant operations across the country and in various international markets.
Ecopetrol's core business areas include exploration, production, refining, and distribution of oil and gas, alongside the development of renewable energy initiatives. The company is renowned for its commitment to sustainability and innovation, setting it apart in a competitive landscape.
With a strong market position, Ecopetrol has achieved notable milestones, including becoming one of the largest companies in Latin America by revenue. Its diverse portfolio of products and services, combined with a focus on environmental responsibility, underscores its role as a key player in the global energy transition.
41
DitchCarbon score
+31 vs industry average
Ecopetrol’s score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Petroleum Products is among the most carbon-intensive industries
Industry performance
0.638
20182025
The Petroleum Products industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ecopetrol's reported carbon emissions
Ecopetrol, a Non-specified Petroleum Products company headquartered in Colombia, reported its Scope 3 emissions as approximately 146 billion kg CO2e for 2025. For the same year, its combined Scope 1 and 2 emissions were approximately 12.2 billion kg CO2e. In 2024, the company's Scope 3 emissions were around 152 billion kg CO2e, with Scope 1 and 2 emissions totalling approximately 13.2 billion kg CO2e. Looking back to 2023, Ecopetrol's Scope 3 emissions stood at roughly 155 billion kg CO2e, and Scope 1 and 2 emissions were approximately 13.2 billion kg CO2e.
Ecopetrol is committed to significant climate action. The company aims to achieve net-zero Scope 1 and 2 carbon emissions by 2050. Additionally, Ecopetrol plans to reduce its CO2e emissions across Scope 1 and 2 by 25% by 2030, using a 2019 baseline. The company has also set a long-term goal to reduce total emissions (Scopes 1, 2, and 3) by 50% by 2050. Furthermore, Ecopetrol intends to decrease the carbon intensity index (CII) of energy sold to end customers by between 15% and 20% by 2030, compared to 2019 levels.
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Ecopetrol’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ecopetrol4 months ago
41
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