Ecopetrol SA
Ecopetrol's Climate Target Data Preview
As of 2024, Ecopetrol has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Ecopetrol's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target* | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2050 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2050 |
Verified Sources Behind Ecopetrol’s Climate Targets Data
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Insights into Ecopetrol's Greenhouse Gas Emissions Pathways
As of 2024, Ecopetrol has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Ecopetrol have a target to reduce the emissions from its operations?
As of 2024, Ecopetrol has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Ecopetrol's most ambitious operational target is to reduce these emissions by 55% by 2030, compared to a baseline of 64,292 Metric Tonnes of CH4 (mtCH4) in 2019.a
As of 2024, Ecopetrol is ahead of schedule on its operational emissions reduction target, having achieved 49.16% of the planned reduction.a
Ecopetrol's Operational (Scope 1+2) Emissions Pathway
Does Ecopetrol have a target to reduce the emissions from its value chain?
As of 2024, Ecopetrol has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Ecopetrol's most ambitious value chain target is to reduce these emissions by 50% by 2050, compared to a baseline of 143,717,415 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Instead of reducing value chain emissions, Ecopetrol has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a
Ecopetrol's Value Chain (Scope 3) Emissions Pathway
Does Ecopetrol have a target to reduce its total carbon footprint?
As of 2024, Ecopetrol has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Ecopetrol's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 157,359,416 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 50% by 2050.a
Instead of reducing total carbon footprint, Ecopetrol has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a