Gran Tierra Energy
Gran Tierra Energy Inc., a prominent player in the oil and gas industry, is headquartered in Calgary, Alberta (CA). Founded in 2003, the company has established a strong operational presence in Colombia and Ecuador, focusing on exploration and production activities. Gran Tierra is renowned for its commitment to sustainable practices and efficient resource management, setting it apart in a competitive market. The company’s core services include oil exploration, production, and development, with a particular emphasis on enhancing recovery techniques. Gran Tierra Energy has achieved significant milestones, including successful drilling campaigns and strategic acquisitions that have bolstered its market position. With a dedication to innovation and environmental stewardship, Gran Tierra continues to make strides in the energy sector, positioning itself as a leader in responsible oil production.
DitchCarbon Score
How does Gran Tierra Energy'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 Electricity from Other Sources 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
Gran Tierra Energy's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gran Tierra Energy's reported carbon emissions
In 2023, Gran Tierra Energy reported total carbon emissions of approximately 450,519,000 kg CO2e, with Scope 1 emissions accounting for about 273,975,000 kg CO2e and Scope 2 emissions at approximately 176,544,000 kg CO2e. The company has shown a trend of fluctuating emissions over the years, with a notable increase from 2022, where total emissions were about 392,374,000 kg CO2e. In 2022, Scope 1 emissions were approximately 258,406,000 kg CO2e, while Scope 2 emissions were around 133,968,000 kg CO2e. The total emissions for 2021 were about 294,934,000 kg CO2e, with Scope 1 at approximately 197,447,000 kg CO2e and Scope 2 at about 97,487,000 kg CO2e. The company’s emissions peaked in 2019 at approximately 640,794,000 kg CO2e, primarily driven by Scope 1 emissions of about 450,884,000 kg CO2e. Gran Tierra Energy has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions through frameworks such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Gran Tierra Energy's emissions data reflects the challenges faced by the oil and gas sector in managing carbon footprints, highlighting the need for enhanced climate commitments and reduction strategies moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 590,240,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Gran Tierra Energy 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.
