Ecopetrol

Ecopetrol, a Non-specified Petroleum Products company headquartered in CO, reported total Scope 1 and 2 emissions of approximately 12.2 billion kg CO2e for 2025. Scope 3 emissions for the same year were approximately 146 billion kg CO2e, with 137.24 billion kg CO2e attributed to the use of sold products and 7.3 billion kg CO2e to purchased goods and services.

Looking back, in 2024, the company's Scope 1 and 2 emissions were about 13.2 billion kg CO2e, and Scope 3 emissions were approximately 152 billion kg CO2e. In 2023, Scope 1 and 2 emissions were also around 13.2 billion kg CO2e, with Scope 3 emissions at approximately 155 billion kg CO2e. For 2022, Ecopetrol's Scope 1 and 2 emissions were about 12.7 billion kg CO2e, and Scope 3 emissions were approximately 152 billion kg CO2e.

For 2021, Ecopetrol reported Scope 1 emissions of approximately 12.515 billion kg CO2e and Scope 2 emissions (market-based) of about 583.362 million kg CO2e, or approximately 298.047 million kg CO2e (location-based). Scope 3 emissions in 2021 were approximately 138.536 billion kg CO2e. In 2020, Scope 1 emissions were about 12.745 billion kg CO2e, Scope 2 emissions were approximately 866.036 million kg CO2e, and Scope 3 emissions were around 140.794 billion kg CO2e. In 2019, Ecopetrol disclosed Scope 1 and 2 emissions of approximately 14 billion kg CO2e and Scope 3 emissions of approximately 144 billion kg CO2e.

Ecopetrol has set ambitious climate commitments. The company aims to achieve net-zero carbon emissions for Scope 1 and 2 by 2050. Additionally, Ecopetrol is committed to reducing its Scope 1 and 2 CO2e emissions by 25% by 2030, using a 2019 baseline. The company also intends to reduce total emissions across Scope 1, 2, and 3 by 50% by 2050. These targets include specific and intermediate goals to align with 1.5°C climate scenarios from bodies like the IEA, IPCC, and NGFS.