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 consistently disclosed emissions across all three scopes, with Scope 3 emissions also reported at 450,519,000 kg CO2e. Over the years, Gran Tierra's emissions have shown fluctuations, with a notable increase from 2022, where total emissions were about 392,374,000 kg CO2e. The company has not set specific reduction targets or initiatives as per the latest data, indicating a lack of formal commitments to reduce emissions through frameworks such as the Science Based Targets initiative (SBTi). Gran Tierra Energy's emissions intensity for Scope 1 and 2 combined was approximately 32,020 kg CO2e per barrel of oil equivalent (BOE) in 2023, reflecting the company's operational impact on climate change. As the company continues to operate in the energy sector, its emissions profile remains a critical aspect of its environmental strategy, although specific reduction initiatives have not been outlined.
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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.
