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 19 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, reflecting a significant increase from 2022, when total emissions were about 392,374,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, which would cover indirect emissions in the value chain. Gran Tierra Energy has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to reduce emissions at this time. Over the past few years, Gran Tierra Energy's emissions have fluctuated, with total emissions recorded at approximately 294,934,000 kg CO2e in 2021 and 248,123,000 kg CO2e in 2020. The emissions intensity, measured as Scope 1 and 2 emissions per barrel of oil equivalent (BOE), was about 32,020 kg CO2e/BOE in 2023, compared to 29,410 kg CO2e/BOE in 2022. Gran Tierra Energy's headquarters is located in California, and the emissions data is sourced directly from Gran Tierra Energy Inc. without any cascading from a parent organisation. The company continues to operate within the oil and gas sector, which is under increasing scrutiny for its environmental impact and carbon footprint.
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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 | - | - | - | - | - | - |
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 participating in any of the initiatives that 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.
