Integrated Management Report

Overview

The report presents Ecopetrol's 2023 performance as its second-best financial result, with consolidated revenues of COP 143.1 trillion and EBITDA of COP 60.7 trillion. It reports gross Scope 1, Scope 2, and Scope 3 emissions of 12,458,520, 468,921, and 152,963,989 TonCO2e, respectively, alongside 581,532 tCO2e of reductions. The company also highlights 3.9 PJ of energy savings, 472 MW of renewable-energy capacity, and 152.8 million m3 of water reuse. Its 2023 materiality update adopted a double materiality approach covering financial and impact perspectives.

Document

Report type: Integrated Report
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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