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 24 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Geopark's reported carbon emissions
In 2023, Geopark reported total carbon emissions of approximately 5,102,706,000 kg CO2e, with Scope 1 emissions at about 182,345,000 kg CO2e, Scope 2 emissions at approximately 46,624,000 kg CO2e, and Scope 3 emissions reaching around 4,873,736,000 kg CO2e. This reflects a decrease from 2022, where total emissions were about 5,595,838,000 kg CO2e. In 2022, Geopark's emissions included approximately 2,321,000 kg CO2e from Scope 1, 22,308,000 kg CO2e from Scope 2, and 5,340,430,000 kg CO2e from Scope 3. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a need for further development in this area. Geopark's headquarters is located in Colombia (CO), and while it has disclosed emissions data across various scopes, it currently lacks defined reduction targets or commitments to specific climate pledges. The company operates within the oil and gas sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of establishing robust climate strategies moving forward.
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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 committed to any 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.
