Management and Sustainability Report

Overview

The report describes Terpel's 2025 ESG strategy as grounded in double materiality and focused on energy transition, eco-efficiency, inclusion, responsible supply chains, and ethical governance. It reports Scope 1 emissions of 49,566 tCO2e, Scope 2 emissions of 6,956 tCO2e, and Scope 3 emissions of 26,905,163 metric tons of CO2eq, alongside expanded renewable-energy and circularity initiatives. The company states a 50% emissions-reduction goal from a 2019 baseline by 2030 and carbon neutrality for Scope 1 and 2 by 2050. Selected 2025 KPIs received limited independent assurance from SGS Colombia.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: 1 January 2025 – 31 December 2025
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview