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Geopark, officially known as Geopark Holdings, is a prominent player in the crude petroleum industry, headquartered in Colorado. Established in 2002, the company has made significant strides in crude oil extraction and related services, focusing on operational regions across Latin America.
Specialising in the exploration and production of crude oil, Geopark distinguishes itself through its commitment to sustainable practices and innovative extraction techniques. The company has achieved notable milestones, including successful drilling campaigns and strategic acquisitions that have bolstered its market position.
With a reputation for reliability and efficiency, Geopark continues to be a key contributor to the energy sector, leveraging its expertise to navigate the complexities of crude oil markets while prioritising environmental stewardship.
23
DitchCarbon score
+7 vs industry average
Geopark’s score of 23 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Geopark's reported carbon emissions
Geopark, headquartered in CO and operating in crude petroleum and related services, reported its most recent emissions in 2024. In that year, the company's Scope 1 emissions were 200,209,000 kg CO2e, its Scope 2 emissions were 81,008,000 kg CO2e, and its Scope 3 emissions were 4,358,009,000 kg CO2e.
Looking back, Geopark's Scope 1 emissions were 182,345 kg CO2e in 2023 and 269,879 kg CO2e in 2022. Scope 2 emissions were 68,224,000 kg CO2e in 2023 and 22,401,000 kg CO2e in 2022. For Scope 3, emissions were 4,873,736,000 kg CO2e in 2023 and 5,762,757,000 kg CO2e in 2022.
Geopark has committed to several climate targets. The company aims to reduce its Scope 1 and Scope 2 emissions intensity by 35%-40% by 2025, against a 2020 baseline. Further, Geopark intends to reduce its Scope 1 and Scope 2 emissions intensity by 40%-60% by 2030, also compared to a 2020 baseline. Geopark is also working towards achieving net-zero Scope 1 and Scope 2 emissions by 2050. These commitments have been reiterated in their 2024, 2023, and 2022 SPEED Sustainability Reports.
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Geopark’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Geopark2 days ago
23
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