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Crude Oil Extraction
CO
updated 14 days ago

Geopark Sustainability Profile

Company website

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.

29

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.

11

Industry Benchmark

Geopark's score of 29 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Geopark's reported carbon emissions

In 2024, Geopark reported total carbon emissions of approximately 4,358,009,000 kg CO2e, with emissions distributed across all three scopes: 182,618 kg CO2e (Scope 1), 81,008,000 kg CO2e (Scope 2), and 4,357,800,000 kg CO2e (Scope 3). This data reflects a significant reliance on Scope 3 emissions, which constitute the majority of their carbon footprint. For 2023, Geopark's emissions in Colombia were approximately 4,856,949,000 kg CO2e, with Scope 1 emissions at 157,187,000 kg CO2e and Scope 2 emissions at 46,581,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease Scope 1 and 2 emissions intensity by 35% to 40% by 2025, using 2020 as a baseline. Additionally, they plan to achieve a 40% to 60% reduction in emissions intensity by 2030 and aim for net zero Scope 1 and 2 emissions by 2050. Geopark's commitment to decarbonisation is central to their operations, as outlined in their sustainability reports. They are actively working towards these targets, which were publicly announced in November 2021. The emissions data and reduction initiatives are sourced directly from Geopark Limited, with no cascaded data from parent organisations.

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2020202120222023
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

How Carbon Intensive is Geopark's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Geopark's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Geopark's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Geopark is in CO, which has a low grid carbon intensity relative to other regions.

Geopark's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Geopark has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Geopark's Emissions with Industry Peers

Range Resources

US
•
Natural Gas Liquids
Updated 9 days ago

Sundance Energy Inc.

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 2 months ago

Tullow Oil

GB
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 8 days ago

Conocophillips

US
•
Gas/Diesel Oil
Updated 9 days ago

Capricorn Energy

GB
•
Gas/Diesel Oil
Updated 9 days ago

Cimarex Energy Co.

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 2 months ago

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Where does DitchCarbon data come from?

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