Geopark
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Geopark's score of 29 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Geopark's reported carbon emissions
In 2023, Geopark reported total carbon emissions of approximately 4,856,949,000 kg CO2e from its operations in Colombia (CO). This figure includes 157,187,000 kg CO2e from Scope 1 emissions, 46,581,000 kg CO2e from Scope 2, and a significant 4,653,181,000 kg CO2e from Scope 3 emissions. Over the past few years, Geopark has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 5,594,838,000 kg CO2e, indicating a reduction in emissions in 2023. The company aims to achieve net zero emissions by 2050, with a focus on decarbonising all operations across Scope 1 and Scope 2. This long-term commitment reflects Geopark's strategic approach to sustainability and climate responsibility. Geopark's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which constitutes the majority of their carbon footprint. The company is actively working towards its climate commitments, aligning with industry standards for reducing greenhouse gas emissions.
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| 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 |
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.
Geopark is not participating in any of the initiatives that 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.
