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.
+9 vs industry average
Geopark’s score of 24 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Geopark's reported carbon emissions
In 2024, Geopark reported total carbon emissions of approximately 200.2 million kg CO2e. This figure includes Scope 1 emissions of about 200.2 million kg CO2e, Scope 2 emissions of approximately 81 million kg CO2e, and Scope 3 emissions amounting to about 4.36 billion kg CO2e. The company has set ambitious climate commitments, aiming to reduce the intensity of its Scope 1 and 2 emissions by 35% to 40% by 2025, compared to a 2020 baseline. Furthermore, Geopark is committed to achieving net zero emissions for Scope 1 and 2 by 2050. In 2023, Geopark's emissions were reported at approximately 228.9 million kg CO2e for Scope 1 and 2 combined, with Scope 3 emissions reaching about 4.87 billion kg CO2e. The company continues to focus on reducing its carbon footprint and enhancing sustainability practices across its operations. Geopark's climate strategy is underpinned by its commitment to decarbonisation, which is central to its business model. The company is actively working towards these targets, reflecting a strong commitment to addressing climate change and reducing its environmental impact.
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Geopark’s Climate Goals (2030 & 2050)
4 goals2050
In November 2021, we publicly committed to reducing the inte…
In November 2021, we publicly committed to reducing the intensity of Scope 1 and 2 GHG emissions by 35-40% by 2025, reducing the intensity o…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Geopark
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