Gran Tierra Energy
Gran Tierra Energy Inc., a prominent player in the oil and gas industry, is headquartered in Calgary, Alberta (CA). Founded in 2003, the company has established a strong operational presence in Colombia and Ecuador, focusing on exploration and production activities. Gran Tierra is renowned for its commitment to sustainable practices and efficient resource management, setting it apart in a competitive market. The company’s core services include oil exploration, production, and development, with a particular emphasis on enhancing recovery techniques. Gran Tierra Energy has achieved significant milestones, including successful drilling campaigns and strategic acquisitions that have bolstered its market position. With a dedication to innovation and environmental stewardship, Gran Tierra continues to make strides in the energy sector, positioning itself as a leader in responsible oil production.
DitchCarbon Score
How does Gran Tierra Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gran Tierra Energy's score of 19 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gran Tierra Energy's reported carbon emissions
In 2023, Gran Tierra Energy reported total carbon emissions of approximately 450,519,000 kg CO2e. This figure includes about 273,975,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and about 176,544,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The combined Scope 1 and 2 emissions totalled the same amount, indicating no reported Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 392,374,000 kg CO2e, with Scope 1 emissions at approximately 258,406,000 kg CO2e and Scope 2 emissions at around 133,968,000 kg CO2e. This reflects a significant increase in emissions from 2022 to 2023. Gran Tierra Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from parent or related organizations. The company’s emissions intensity for Scope 1 and 2 combined was reported at about 32,020 kg CO2e per BOE in 2023, up from approximately 29,410 kg CO2e per BOE in 2022. Overall, while Gran Tierra Energy has made strides in reporting its emissions, it currently lacks defined reduction targets or commitments to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 450,884,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 189,910,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gran Tierra Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
