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Gran Tierra Energy Inc

Common Name
Gran Tierra Energy
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
431
Ticker
GTE
Exchange
NYSE MKT LLC
Description
Gran Tierra Energy Inc. is a leading oil and gas exploration and production company that primarily focuses on operations in Colombia. The company is dedicated to the development and extraction of hydr...

Gran Tierra Energy's GHG Emissions Data Preview

In 2023, Gran Tierra Energy 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) and Scope 2 (indirect emissions from purchased energy).

However, Gran Tierra Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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Verified Sources Behind Gran Tierra Energy’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 Gran Tierra Energy’s data sources below and access millions more through our Disclosure Search.

a. Gran Tierra Energy's Sustainability Report 2023
a. Gran Tierra Energy's Sustainability Report 2023
b. Gran Tierra Energy's Sustainability Report 2021
b. Gran Tierra Energy's Sustainability Report 2021

Insights into Gran Tierra Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofGran Tierra Energy amounted to450,519metric 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 2022, the total operational greenhouse gas (GHG) emissions of Gran Tierra Energyincreased by 14.82%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Gran Tierra Energy's Scope 1 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-69%+16%+31%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Gran Tierra Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gran Tierra Energy were 273,975 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Gran Tierra Energy reduced its Scope 1 emissions over time?

Since 2019, Gran Tierra Energy's Scope 1 emissions have decreased by 50.23%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), Gran Tierra Energy's Scope 1 emissions increased by 6.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Gran Tierra Energy's Scope 2 emissions?

In 2023, Gran Tierra Energy reported Scope 2 greenhouse gas (GHG) emissions of 176,544 tCOâ‚‚e without specifying the calculation method.a

Has Gran Tierra Energy reduced its Scope 2 emissions over time?

Since 2019, Gran Tierra Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 25.89%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2022), Gran Tierra Energy's Scope 2 emissions(Unspecified Calculation Method) rose by 31.78% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Gran Tierra Energy use for Scope 2 reporting?

In 2023, Gran Tierra Energy reported its Scope 2 emissions using an unspecified methodology.a

Gran Tierra Energy's Scope 2 Emissions Over Time

20192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gran Tierra Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Gran Tierra Energy reported Scope 1 greenhouse gas (GHG) emissions of 273,975 tCOâ‚‚e and total revenues of USD 637 millions. This translates into an emissions intensity of 430.13 tCOâ‚‚e per millions USD.a

Gran Tierra Energy's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)VARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MParamount ResourcesYear: 2024Scope 1: 524,527 tCO2eRevenue: $M 1,444Scope 1 Intensity: 363.19 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MEnbridgeYear: 2024Scope 1: 7,532,000 tCO2eRevenue: $M 37,173Scope 1 Intensity: 202.62 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MTourmaline OilYear: 2024Scope 1: 3,668,283 tCO2eRevenue: $M 3,928Scope 1 Intensity: 933.94 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MStrathcona ResourcesYear: 2024Scope 1: 3,577,855 tCO2eRevenue: $M 3,762Scope 1 Intensity: 951.09 tCO2e/$MVVVermilion EnergyYear: 2024Scope 1: 519,051 tCO2eRevenue: $M 1,442Scope 1 Intensity: 359.96 tCO2e/$MAthabasca OilYear: 2023Scope 1: 877,205 tCO2eRevenue: $M 958Scope 1 Intensity: 915.48 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MCamecoYear: 2024Scope 1: 131,381 tCO2eRevenue: $M 1,581Scope 1 Intensity: 83.12 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$M

How does Gran Tierra Energy's GHG emissions intensity compare to its peers?

In 2023, Gran Tierra Energy reported a Scope 1 emissions intensity of 430.13 tCOâ‚‚e per millions USD. Compared to the peer group median of 361.58, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Gran Tierra Energy rank on GHG emissions intensity within its industry?

In 2023, Gran Tierra Energy ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Gran Tierra Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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