With technology, innovation, and experience, the oil and gas industry contributes to the sustainable development of Colombia

Twelve companies in the hydrocarbons sector were recognized for advancing projects aimed at achieving carbon neutrality.

Companies in the oil, gas, and liquid fuels industry are playing a fundamental role in meeting the country's climate goals. Currently, they are advancing 92 projects with the potential to reduce 3 million tons of CO2/year by 2030 in projects aimed at electricity generation with unconventional renewable energy sources, energy efficiency, reduction of flaring and fugitive emissions, and energy self-generation from fields and interconnection to the national system.

“These are Sustainability Facts, and therefore, within the framework of the II Great ACP Forum, we highlight the companies in the sector that stand out for their strategies and actions aimed at achieving
carbon neutrality. This fills us with pride and motivates us to continue leveraging the sustainable development of the country and the regions. This industry has the technology, innovation, experience, and knowledge to continue working for Colombia,” stated the president of the Colombian Association of Oil and Gas (ACP), Francisco José Lloreda Mera.

For this reason, the ACP in partnership with the organization Sentido Verde Eco Consultores recognized twelve companies in the hydrocarbons industry that stood out for their projects and strategies in climate change management and decarbonization, implementation of circular models; protection of biodiversity, human rights, gender equity, and partnerships for sustainable development.

For Daniela Zuluaga, CEO of Sentido Verde, “recognizing their efforts and management is a very important tool to motivate them to continue working to generate a positive impact on society and the environment.”.

The recognitions were awarded to:

• Cepsa Colombia for the initiative ‘Technologies that Liberate’
• Geopark for its emissions reduction strategy Block Llanos 34 Campo Tigana
• Gran Tierra Energy for the Naturamazonas project
• Hocol for the project in the Natural Reserve Campo Ocelote, in Puerto Gaitán, Meta
• Promigas for its certification ‘Zero Waste’
• Canacol for the reuse of construction and demolition materials in civil works activities within the company's operational areas in Sahagún, Córdoba
• Terpel for the initiatives of the Terpel Foundation that have positively impacted the lives of more than 1.5 million people with educational programs
• TGI for its management model and due diligence and its Open Doors strategy
• Sierracol Energy for the implementation of its Diversity, Equity, and Inclusion Strategy and its women's leadership programs
• Frontera Energy for its strategy ‘Building a Sustainable Future’, which includes the program ‘Mobilizing Woman’
• Chevron for its Energy Reefs project
• Repsol for the Agroemprende Cacao program

For its part, the company Ecopetrol received a special mention for being an inspiring leader of Sustainability Facts and for its projects and initiatives, which reaffirm its commitment and coordinated work with different companies, confirming that partnerships are essential to achieve sustainability.

Finally, Perenco Colombia Limited, Primax Colombia, Parex Resources, and the National Hydrocarbons Agency received special mentions for their commitment and progress
in initiatives that contribute to the achievement of the Sustainable Development Goals (SDGs).