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Voluntary Adherences
Jun 16, 2020

Ecopetrol, as a mixed economy Company belonging to the decentralized sector for national services and by constitutional mandate, is expressly prohibited from making donations or contributions to political parties, movements, or candidates (Articles 110 and 355 of the Political Constitution of Colombia). Consequently, Ecopetrol did not make any donations to political parties.

Global Compact

Ecopetrol is a company committed to the Ten Principles of the Global Compact and we have been members of this global initiative since 2010. Every year, Ecopetrol reports its progress in goals and management related to the Ten Principles of the Global Compact through the Integrated Report on Sustainable Management. The company is also part of the CEO Water Mandate who is part of this initiative.

Guías Colombia

Ecopetrol is a member of the Multi-actor Guías Colombia Initiative, which integrates companies operating in Colombia, civil society organizations, Colombian government entities, and international organizations, with the purpose of contributing to the improvement of the human rights situation and IHL.

Currently, Ecopetrol participates actively in the conversations that are carried out for the joint construction of those Guides, as well as in the application of the self-diagnosis tool for relevant issues in Human Rights. In 2019 Ecopetrol applied the self-diagnosis tool for the Land topic.

National Business Association of Colombia- ANDI

The National Business Association of Colombia - ANDI - is Colombia’s most important non-profit organization, representing the interests of the main national private sector businesses, with over 1,200 members accounting for around 50 to 55% of the country’s GDP. ANDI aims to represent and protect the interests of Colombian industrialists, as intercessors between the private and public sectors, academia, civil society, and the international context.

Ecopetrol paid the following amounts between 2016 to 2019 in the form of membership dues, participation in events, advertising, contributions towards initiatives and fees to the chambers of the industry:

Year

ANDI payments (COP)

2016

$ 125,397,600

2017

$ 133,813,195

2018

$ 224,770,510

2019

$ 365,637,530

Colombian Natural Gas Association (NATURGAS)

The Colombian Natural Gas Association (NATURGAS) is a private, non-profit organization, whose members are the 25 leading companies involved in the production, transport, distribution, and commercialization of natural gas in Colombia. Its purpose is to safeguard the legitimate business interests of its affiliates, in order to expand supply, drive demand growth and vitality, and further develop the domestic natural gas market in Colombia.

Ecopetrol paid the following amounts between 2016 to 2019 for membership dues, participation in events and sponsorship opportunities:

Year

NATURGAS payments (COP)

2016

$ 104,792,000

2017

$ 190,526,100

2018

$ 361,187,780

2019

$ 356,199,660

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