Ecopetrol

InfluenceMap Score
D+
Performance Band
53%
Organisation Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
Bogota, Colombia

Climate Lobbying Overview: Ecopetrol appears to show very limited engagement with climate change policy, which may result from its status as a state-owned company that has legal restrictions on lobbying activities. However, it has shown some top-line support for action to respond to climate change and there is some evidence of support for specific policy measures. Despite this, Ecopetrol continues to promote a role for fossil fuels in the energy mix, especially natural gas.

Top-line Messaging on Climate Policy: Ecopetrol appears to recognise the scientific consensus on climate change and has expressed support for the need to reduce GHG emissions in order to limit global temperature increase to no more than 2°C. Despite this, the company has not expressed a clear position on the need for climate change regulation on its corporate website.

Engagement with Climate-Related Regulations: In Ecopetrol's 2020 disclosure to CDP, it has expressed support for some specific measures to respond to climate change, including support for the National Program of Tradable Quotas, an emissions trading program, and support for regulation of methane emissions. In September 2019, Ecopetrol also appeared to support Colombia's Nationally Determined Contribution under the Paris Agreement.

Positioning on Energy Transition: Statements from Ecopetrol's CEO, Felipe Bayón Pardo, appear to show general support for the maintenance of a high GHG energy mix, in particular emphasizing the importance of gas. In November 2018, he said it would be "irresponsible" for Colombia not to undertake fracking and in September 2020, supported an increased role for natural gas in the energy mix. The company's social media messaging has also emphasized the economic importance of developing unconventional gas deposits to increase gas supply, describing gas as "the most environmentally friendly fuel".

Industry Association Governance: Ecopetrol does not disclose its membership to industry associations and as such the extent of its indirect influence on climate policy is unclear.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency
NS NS NA NS NS NS 1 NA
Climate Science Stance
1 1 NA NS 0 NS NS NA
Need for Climate Regulation
0 NS NA NS NS NS 0 NA
UN Treaty Support
NS NS NA NS NS NS NS NA
Transparency on Legislation
-2 NA 1 NA NA NA NS NA
Carbon Tax
NS NS NS NS NS NS NS NA
Emissions Trading
NS NS 1 NS NS NS NS NA
Energy Efficiency Standards
NS NS NS NS NS NS NS NA
Renewable Energy Legislation
NS NS NS NS NS NS NS NA
Energy Policy and Mix
NS 0 NS NS NS 0 NS NA
GHG Emission Standards
NS NS 1 NS 1 NS NS NA
Disclosure on Relationships
-2 NA -2 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.