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Ecopetrol SA
Ecopetrol's GHG Emissions Data Preview
In 2024, Ecopetrol completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Ecopetrol has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Ecopetrol’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ecopetrol’s data sources below and access millions more through our Disclosure Search.
Insights into Ecopetrol's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofEcopetrol amounted to12,365,614metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Ecopetroldecreased by 0.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Ecopetrol's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ecopetrol's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Ecopetrol were 11,817,213 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Ecopetrol reduced its Scope 1 emissions over time?
Since 2019, Ecopetrol's Scope 1 emissions have decreased by 9%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Ecopetrol's Scope 1 emissions remained relatively stable, indicating that Ecopetrol's emissions have plateaued with no significant change in its operational footprint.a
What are Ecopetrol's Scope 2 emissions?
In 2024, Ecopetrol reported Scope 2 greenhouse gas (GHG) emissions of 859,892 tCOâ‚‚e using the market-based method and 548,401 tCOâ‚‚e using the location-based method.a
Has Ecopetrol reduced its Scope 2 emissions over time?
Since 2019, Ecopetrol's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 45.4%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Ecopetrol's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Ecopetrol's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Ecopetrol use for Scope 2 reporting?
In 2024, Ecopetrol reported its Scope 2 emissions using the market-based method and using the location-based method.a
Ecopetrol's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Ecopetrol's Value Chain Emissions
In 2024, Ecopetrol reported 151,117,258 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Ecopetrol includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Ecopetrol's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ecopetrol's Scope 3 emissions?
In 2024, Ecopetrol reported total Scope 3 emissions of 151,117,258 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 5.32%of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.68%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Ecopetrol reduced its Scope 3 emissions over time?
Since 2019, Ecopetrol's Scope 3 emissionshave remained relatively stable, indicating that Ecopetrol's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Ecopetrol's Scope 3 emissions remained relatively stable, indicating that Ecopetrol's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Ecopetrol disclose?
In 2024, Ecopetrol reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Ecopetrol's Scope 3 emissions?
In 2024, the largest contributors to Ecopetrol's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 142,056,821 tCOâ‚‚e(94%)
- Purchased Goods and Services (Cat. 1): 7,984,322 tCOâ‚‚e(5.28%)
- Other/Unspecified Sources: 1,076,114 tCOâ‚‚e(0.71%)
Ecopetrol's Scope 3 Emissions by Categories
Insights into Ecopetrol's Total Carbon Footprint
In 2024, Ecopetrol reported a total carbon footprint of 163,482,872 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ecopetrol's total carbon footprint was Scope 3 emissions, accounting for 92.44% of the company's total carbon footprint, followed by Scope 1 emissions at 7.23%.a