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Electricity from Other Sources
CA
updated a month ago

Gran Tierra Energy Sustainability Profile

Company website

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.

22

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.

22

Industry Benchmark

Gran Tierra Energy's score of 22 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Gran Tierra Energy's reported carbon emissions

In 2023, Gran Tierra Energy reported total carbon emissions of approximately 450,519,000 kg CO2e. This figure includes 273,975,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 176,544,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The combined Scope 1 and 2 emissions totalled 450,519,000 kg CO2e, resulting in an emissions intensity of about 32,020 kg CO2e per barrel of oil equivalent (BOE). Comparatively, in 2022, the company reported total emissions of approximately 392,374,000 kg CO2e, with Scope 1 emissions at 258,406,000 kg CO2e and Scope 2 emissions at 133,968,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Gran Tierra Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not report Scope 3 emissions, which would include indirect emissions from the value chain. Additionally, there are no climate pledges or SBTi (Science Based Targets initiative) commitments noted in their disclosures. Overall, Gran Tierra Energy's emissions data reflects a growing trend in carbon output, highlighting the need for enhanced climate strategies and commitments in the future.

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201820192020202120222023
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
-
-
-
-
-
-

How Carbon Intensive is Gran Tierra Energy's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gran Tierra Energy's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Gran Tierra Energy'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 Gran Tierra Energy is in CA, which has a very low grid carbon intensity relative to other regions.

Gran Tierra Energy'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.

Gran Tierra Energy 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 Gran Tierra Energy's Emissions with Industry Peers

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Updated 3 days ago

TotalEnergies EP Gabon Société Anonyme

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

Capricorn Energy

GB
•
Gas/Diesel Oil
Updated 10 days ago

Jadestone Energy

SG
•
Gas/Diesel Oil
Updated 10 days ago

Geopark

CO
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 14 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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