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Comprehensive Policy
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Comprehensive Policy
Apr 13, 2026
Consult here the full document of Ecopetrol’s Comprehensive Policy.
Ecopetrol has a Comprehensive Policy for its Management Systems, which includes ethics and transparency as core principles, as follows:
“Ecopetrol carries out its purpose with integrity and compliance through a strong preventive and forward-looking approach to risk management, ensuring proper and timely business decision-making. The company avoids any conduct that could undermine trust, reputation, or proper behavior, and promotes integrity, responsibility, and transparency across all its operations.
Accordingly, we maintain zero tolerance for corruption, bribery in any form, violations of the FCPA, fraud, money laundering, terrorist financing, the financing of the proliferation of weapons of mass destruction, sexual harassment or violence, and discriminatory practices. We strictly comply with national and international laws in an environment of full respect for diversity, inclusion, and equal rights and responsibilities.
We promote free and fair competition and do not tolerate agreements or actions that restrict it, abuse of dominant position, or unfair practices that undermine healthy and plural participation in markets. We recognize the importance of leading by example, consistency, and strong ethical leadership from senior management and the Company’s and Ecopetrol Group’s governing bodies, without any form of discrimination.”
Likewise, through its corporate bylaws, Ecopetrol publicly declares the commitment of the group, its executives, employees, and beneficiaries to a zero-tolerance policy regarding fraud, bribery, corruption, violations of the FCPA, money laundering, terrorist financing, and the financing of weapons of mass destruction proliferation.
They also explicitly reject practices such as facilitation payments, political contributions and donations, donations that do not comply with the Colombian Constitution, lobbying activities and related payments, anti-competitive and monopolistic practices, sexual harassment, discrimination in any form, and any behavior that may violate the Colombian Constitution or applicable local and international laws.
Similarly, any conduct that breaches the provisions of the Code of Ethics and Conduct is rejected.
In this context, the Company commits to:
- Refraining from participating in activities that pose compliance risks.
- Promoting, maintaining, and strengthening the Compliance Program, Internal Control System, Integrated Risk Management System, and a culture of ethics and transparency to prevent and mitigate such risks.
- Implementing tools to identify company risks and establish control measures to mitigate them.
- Rejecting and sanctioning any actions involving the realization of the risks described above.
- Not tolerating favoritism, patronage, or nepotism in hiring processes, nor facilitation payments, political contributions or donations, non-compliant donations, lobbying activities and payments, or anti-competitive and monopolistic practices.
- Maintaining appropriate and confidential channels to receive and manage reports, concerns, and inquiries from employees and stakeholders interested in transparency. Retaliation against whistleblowers will not be tolerated under any circumstances.
- Cooperating with national and international authorities in any inquiry or investigation involving the Ecopetrol Group, its employees, contractors, suppliers, partners, or allies.
- Maintaining an independent organizational unit responsible for implementing and managing the Compliance Program, Internal Control System, and Integrated Risk Management System, ensuring their proper application across Ecopetrol and its subsidiaries, with functional reporting to the Board of Directors’ Audit and Risk Committee.
