Geopark Sustainability Profile
Geopark Holdings Limited, commonly referred to as Geopark, is a prominent player in the oil and gas industry, headquartered in Colorado. Founded in 2002, the company has established a strong operational presence across Latin America, particularly in Colombia and Chile, where it focuses on exploration and production activities. Geopark is renowned for its commitment to sustainable practices and innovative exploration techniques, setting it apart in a competitive market. The company’s core services include oil and gas exploration, production, and development, with a notable emphasis on maximising resource potential while minimising environmental impact. With a reputation for operational excellence, Geopark has achieved significant milestones, including successful drilling campaigns and strategic acquisitions, solidifying its position as a leading independent oil and gas operator in the region.
DitchCarbon Score
How does Geopark'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 Crude Oil Extraction 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
Geopark's score of 37 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Geopark's reported carbon emissions
In 2024, Geopark reported total carbon emissions of approximately 2,002,090,000 kg CO2e, with Scope 1 emissions at about 200,209,000 kg CO2e, Scope 2 emissions at approximately 81,008,000 kg CO2e, and a significant Scope 3 contribution of about 4,358,009,000 kg CO2e. This represents a notable increase from 2023, where total emissions were approximately 4,856,949,000 kg CO2e, with Scope 1 at about 232,100,000 kg CO2e, Scope 2 at approximately 22,308,000 kg CO2e, and Scope 3 at around 14,081,518,000 kg CO2e. Geopark has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions intensity by 35% to 40% by 2025, using 2020 as a baseline. Additionally, the company targets a further reduction of 40% to 60% in emissions intensity by 2030. Long-term goals include achieving net zero Scope 1 and 2 emissions by 2050. These commitments reflect Geopark's dedication to decarbonising its operations and aligning with global climate action initiatives. The emissions data is sourced directly from Geopark Limited, with no cascaded data from a parent or related organization.
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| 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Geopark's Industry?
How Carbon Intensive is Geopark's Location?
Geopark'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.
Geopark 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.
