Investor Presentaiton
Solid commitment and progress on the TESG front
Technology, Environmental, Social and Governance
ecoPETROL
GROUP
DECARBONIZATION
On March 25, 2021, Ecopetrol announced its plan to achieve net-zero Greenhouse Gas (GHG) emissions by 2050 in line with its commitment to
help mitigate climate change and further the energy transition and the TESG agenda (1)
In 2021, Ecopetrol verified its GHG emissions inventory for 2017-2020 through a third-party, Ruby Canyon Engineering
Ecopetrol reduced 416,672 tCO2e from new projects implemented in 2022, exceeding the established annual target by 59%
By 2030, Ecopetrol seeks to reduce its CO2e emissions by 25% compared to the 2019 baseline for scopes 1 and 2
Ecopetrol GHG reduction initiatives (tCO2e)I Fugitive emissions, Energy efficiency, Renewables and Flares
The 2024 - 2026 plan aims to leverage the reduction of approximately one million tons of CO2 equivalent emissions between 2024 and
2026, achieve energy optimization of 3.3 Peta Joules by 2026, and make progress in green hydrogen projects in refineries.
WATER NEUTRALITY BY 2045
Ecopetrol S.A. aims to improve water use efficiency to reduce water-related impacts, promote water security within the operation's areas of
influence and ensure production sustainability
2022
131.5 MCUM of water were reused
In 2022, the percentage of water reuse was 78%, which represented an 18% increase compared to 2021
Zero treated produced and wastewater discharges
2045
Expected reduction of 58% to 66% in the intake of fresh water for operations
During 3Q23, Ecopetrol introduced the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations framework
Source: 2022 20-F form, Prospectus Supplement
(1) Pertaining to Scope 1 and 2
(*) MCUM: million cubic meters
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