Ecopetrol
Ecopetrol S.A., commonly referred to as Ecopetrol, is Colombia's largest petroleum company, headquartered in Bogotá. Founded in 1951, the company has established itself as a key player in the oil and gas industry, with significant operations across Colombia and in various international markets. Ecopetrol's core business areas include exploration, production, refining, and transportation of hydrocarbons, alongside the provision of petrochemical products. The company is renowned for its commitment to sustainable practices and innovation in energy solutions, positioning itself as a leader in the transition towards cleaner energy. With a strong market presence, Ecopetrol has achieved notable milestones, including becoming one of the largest companies in Latin America by revenue. Its dedication to operational excellence and environmental stewardship continues to drive its success in the competitive energy sector.
DitchCarbon Score
How does Ecopetrol'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Ecopetrol's score of 10 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ecopetrol's reported carbon emissions
In 2022, Ecopetrol reported total carbon emissions of approximately 137,270,000,000 kg CO2e, comprising 13,159,000,000 kg CO2e from Scope 1, 500,000,000 kg CO2e from Scope 2, and a significant 146,726,000,000 kg CO2e from Scope 3 emissions. This indicates a substantial reliance on upstream and downstream activities, particularly in the use of sold products, which accounted for about 138,387,000,000 kg CO2e. Ecopetrol has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company is aware of the growing importance of climate commitments within the industry and is likely to be exploring strategies to align with global climate goals. The absence of defined reduction targets suggests a need for further commitment to sustainability practices and emissions reduction strategies in the future. Overall, Ecopetrol's emissions data highlights the challenges faced by major oil and gas companies in managing their carbon footprint while navigating the transition towards a more sustainable energy landscape.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,067,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 210,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ecopetrol is committed to some 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.
