Public Profile

Geopark

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.

24

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.

4

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.

98%

Geopark's reported carbon emissions

In 2023, Geopark reported total carbon emissions of approximately 5,102,706,000 kg CO2e globally, with emissions from Scope 1 at about 182,345,000 kg CO2e, Scope 2 at approximately 46,624,000 kg CO2e, and Scope 3 emissions reaching around 4,873,736,000 kg CO2e. In Colombia, the company’s emissions totalled about 4,856,949,000 kg CO2e, with Scope 1 emissions at approximately 157,187,000 kg CO2e and Scope 2 at about 46,581,000 kg CO2e. In 2022, Geopark's global emissions were reported at approximately 6,055,037,000 kg CO2e, with Scope 1 emissions of about 269,879,000 kg CO2e and Scope 2 emissions at approximately 22,401,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. Geopark's emissions profile highlights a significant reliance on Scope 3 emissions, which account for the majority of their total emissions. The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not yet have established a comprehensive strategy for emissions reduction.

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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

Industry emissions intensity

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.

Location emissions intensity

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. Geopark is headquartered in CO, which has a rank of low, indicating low grid carbon 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.

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

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