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Risk and dependency management

Jun 28, 2024

Mitigation hierarchy

Colombia is a country recognized as a megadiverse territory where complexity, fragility and biological diversity are interwoven with a dynamic and complex social, economic and political history and present, which influence ecosystems to face at least 5 major drivers of biodiversity loss, which are described below  (Sustainable Development Goals Center for Latin America, 2019):

  • Land-use change: This involves the transformation of natural ecosystems due to agriculture, deforestation, and urbanization. Forty percent of the country's land area has undergone severe transformation.
  • Direct overexploitation of species: This is the depletion of wild fauna and flora that is used as a natural resource, in fisheries, forestry, or the collection of wildlife products.
  • Biological invasions: These are caused by the introduction of wild or domesticated species into areas outside their original range. They produce devastating effects on islands and fragile ecosystems and threaten to homogenize the world's flora and fauna.
  • Water and soil pollution: This occurs through the dumping of polluting substances or substances that alter the natural conditions of ecosystems. These substances can have local and regional impacts on biodiversity, and if not addressed, would contribute to the global collapse of populations and species.
  • Climate change: Climate stresses on ecological systems are already being observed, with changes in the distribution or integrity of fauna and flora populations. If climate change continues, it could become the primary driver of biodiversity loss, as it affects other direct drivers.

To avoid, minimize, recover, restore, and offset these impacts, the company implements biodiversity and ecosystem services management processes aimed at generating the lowest amount and magnitude of residual impacts, based on the implementation of the mitigation hierarchy. To this end, the Mitigation Hierarchy is incorporated into project and operations planning.

Following the mitigation hierarchy, the Company harmonizes its activities around land use planning and environmental determinants by implementing environmental zoning as a measure to prevent negative impacts on biodiversity, complemented by mitigation, correction, and compensation measures. Residual impacts are offset by biodiversity preservation, restoration, and sustainable use actions implemented through conservation agreements with local communities, the purchase of land for conservation and restoration, and other measures. This is aligned with the company's principles of prevention and no net loss of biodiversity. 

The mitigation hierarchy also prevents large-scale impacts and potential human rights impacts. In cases where direct impacts are identified, the Company activates the corporate prior consultation protocol, as established by the National Prior Consultation Authority of the Ministry of the Interior. 

The Company manages these impacts and dependencies through four (4) axes:  

  • Mitigation hierarchy and conceptualization of the conservation hierarchy. 

  • Nature-based solutions, including Natural Climate Solutions strategies. 

  • Knowledge generation through research and education on biodiversity. 

  • Biodiversity Culture.

 

Adapted from: Science-Based Targets for Nature.
Initial Guidance for Bussiness, 2020, Global Commons Alliance.

 

This hierarchy refers to the sequence of measures designed to manage the negative impacts of a project, work, or activity, in pursuit of no net loss of biodiversity, and should be applied to decision-making in the planning and design of this project.

In a complementary manner, progress is being made in the conceptualization of the Conservation Hierarchy, which goes beyond the mitigation of direct negative impacts to encompass any activity that affects nature. Conservation actions to address the loss of historical biodiversity from a voluntary perspective imply the same four-step framework for conservation actions: avoid/minimize/remediate/compensate in relation to the four R's: Restrain/Reduce/Restore/Renew: 

Adapted from: One Earth 

Four Steps for the Earth: mainstreaming the post-2020 global biodiversity framework. 

 

Significant impacts on biodiversity

Hydrocarbon activity in Colombia is held under an environmental zoning process that applies the mitigation hierarchy, avoiding, minimizing, and correcting impacts on biodiversity, and compensating only for residual impacts.

The main activities carried out in Ecopetrol's operations that may generate impacts on biodiversity are:

  • The construction of platforms, operation fields and transportation infrastructure
  • Use of substances that do not occur naturally
  • Planned forest harvesting as part of maintenance, adaptation or construction of facilities

The main impacts that the Company's operations may have on biodiversity are:

  • Land use change
  • Habitat transformation
  • Contamination

Area of influence

According to the Single Regulatory Decree of the Environment and Sustainable Development Sector (Decree 1076 of 2015): The area of ​​influence is the area in which the significant environmental impacts caused by the execution of a project, work, or activity on the abiotic, biotic, and socioeconomic environments, in each of their components, are objectively manifested and, as far as possible, quantifiable. Its identification and delimitation are closely linked to environmental characterization. It should be noted that this area is larger than the areas of potential intervention of projects, works, or activities, given that its delimitation depends on the expansion of the impact and not on the operational area.

For more information, consult the Environmental Impact Studies (EIA) in the section: Legal Compliance and Relations . 

All impacts on biodiversity are reversible, and the company's policy is to intervene in transformed areas. In 2024, the Company intervened on 31.69 ha, of which 2.9 ha corresponded to dense, non-wooded, dryland grassland cover for construction sites; the remaining 28.74 ha were environmental restoration projects that are part of well decommissioning and abandonment processes. Forest harvesting of 3,073 m3 of wood was also carried out, of which approximately 50% was carried out as part of asset decommissioning and abandonment activities. The asset divestment process at Ecopetrol SA is aimed at the technical closure of the infrastructure, ensuring compliance with legal and environmental obligations. Its implementation requires specific interventions that include harvesting isolated trees located in artificial or semi-natural cover resulting from ecological succession processes. These actions do not generate new impacts, as they are carried out on areas previously transformed by the operation. It is important to emphasize that the divestment does not pave the way for new developments, but rather represents a firm commitment to the restoration and environmental recovery of the affected area.

The residual impacts of interventions carried out by Ecopetrol are subject to environmental compensation through the implementation of conservation or restoration projects using the actions, methods, mechanisms, quantities, and methods enabled in each environmental management instrument.

No impacts were generated related to the introduction of invasive species, pests and pathogens, species reduction, habitat transformation, or changes in ecological processes outside the natural range of variation (such as salinity or changes in water table).

Forest Utilization

Forest harvesting of 3,073 m3 of wood was carried out, corresponding to isolated trees in anthropogenic cover. Approximately 50% of this volume was used in asset disposal processes at Ecopetrol SA, which are aimed at the technical closure of the infrastructure, ensuring compliance with legal and environmental obligations. This process requires specific interventions that include the harvesting of isolated trees, previously authorized by forest harvesting permits issued by competent authorities, and compensation is provided as stipulated in the permits. 

Intervened Hectares

Environmental Recovery Progress Report - Lizama Event 158

With regards to the 2018 event known as Lisama 158, the environmental recovery plan presents an implementation rate of 99%.

Biotic component

Fauna

  • 2,400 recolonized individuals belonging to 13 species
  • 135 Habitats and 34 Microhabitats built
  • 18 wildlife monitoring campaigns

 

Flora

  • Achieved 43 voluntary conservation agreements with private property owners.
  • 131.48 hectares at the beginning of the rehabilitation process.
  • 111,936 seedlings of 70 native species of the region established on the 131.48 hectares.
  • 8,994 seedlings planted on the Santo Tomás II property (La Tayra Lizama Ecoreserve).
  • Planting of 30 trees on the Santo Tomás II property, as forestry compensation

Monitoring

 18 wildlife monitoring campaigns: 

 

6 monitoring of fish and semi-aquatic fauna (2019):

  • Number of Fish Records: 8,939 individuals
  • Number of Amphibian-Reptile records: 22 individuals
  • Number of records Mammals: 2 individuals

6 terrestrial and arboreal fauna monitoring (2019):

  • Number of Amphibian records: 12 individuals
  • Number of Reptile records: 258 individuals
  • Number of bird records: 755 individuals
  • Number of Mammal records: 59 individuals

6 monitoring of 13 reintroduced species and other species (2020):

  • Number of reinstated records: 681 individuals
  • Registration No. of other species:
  1. Number of Amphibian records: 1,186 individuals
  2. Number of Reptile records: 4,078 individuals
  3. Number of bird records: 10,038 individuals
  4. Number of Mammal records: 850 individuals

Overall, the goal of significantly increasing abundance and richness was met as wildlife monitoring was conducted, demonstrating the success of habitat and microhabitat construction and maintenance, as well as reintroductions.

Flora Monitoring - Permanent Plots:

  • Establishment of 14 permanent monitoring plots along the 22.4 kilometers of the hydrographic unit of the Lisama stream and Caño Muerto, where the development of vegetation under natural conditions was verified after the contingency, where the balance and normal growth trend behavior of riparian vegetation was evident.

Flora Monitoring – Impregnated stems:

  • Execution of 9 monitoring campaigns on impregnated stems
  • Monitoring of the 3,721 individuals affected by the emergency, from July 2018 to June 2019, showed no evidence of any impact on their growth or development due to the initial exposure to hydrocarbons.

4 monitoring campaigns for the vegetation rehabilitation process on properties with Voluntary Conservation Agreements versus reference ecosystems

  • Areas under rehabilitation: 1,142 individuals of 91 species in 33 plots.
  • Reference Ecosystems: 1,125 individuals of 92 species in 33 plots.
  • After calculating the indicators density, diversity, similarity, natural regeneration index, vertical occupation, horizontal occupation, survival index, richness and abundance and making comparisons between both treatments (rehabilitation - reference) it can be indicated that in the fourth monitoring there is greater closeness between the treatments in terms of structure and composition, expecting that in the sixth and last monitoring, particularly the similarity values ​​will be equal to or greater than 50% in all cases, given that for the other indicators this goal has already been met.
  • Additional Activity: Camera Trapping: 1,110 individuals of 42 species including reptiles, birds, and mammals have been recorded, demonstrating the success and benefits of the vegetation rehabilitation process.

6 monitoring studies carried out on vegetative development on properties with Voluntary Conservation Agreements (2025).

  • Six monitoring campaigns were conducted for established individuals, demonstrating optimal growth and development typical of the species planted in areas with voluntary conservation agreements, demonstrating the success of the forestry efforts implemented.

1 Ecological Condition Assessment (System Comparison 2018 versus 2020)

Fish: No significant variation was observed between the 2018 and 2020 data.

  • Number of records 2020: 2,922 individuals
  • No. of species 2020: 55
  • No. of species 2018: 51

Birds: There were no significant variations between bird species records from 2018 and 2020.

  • Number of records 2020: 1,460 individuals
  • No. of species 2020: 122
  • No. of species 2018: 127

Soundscape: The results showed an increase in acoustic activity in 2020 compared to 2018.

  • Number of registrations 2020: 4405

Vegetation: It was determined that there was no impact from hydrocarbon exposure.

  • Number of records 2020: 676 individuals
  • Number of records 2018: 602 individuals
  • No. of species 2020: 107
  • No. of species 2018: 81

Microorganisms: Decrease in rapid response organisms to HC degradation, compared to 2018.

4 biodiversity and ecosystem services monitoring campaigns (vegetation, fish, microorganisms):

Vegetation: 1,090 individuals recorded from 257 species.

Fish: 4,921 individuals recorded from 52 species.

Microorganisms:

  • Bacteria: 7,025 OTUs in soil, 5,843 in sediment and 2,527 in water,
  • Fungi: 1,842 OTUs in soil, 710 in sediment and 711 in water.

At a general level, the results obtained showed signs of stability for the fish group and recovery for the vegetation and microorganism groups (fungi and bacteria in soil, water and sediment), which demonstrates the benefits and effectiveness of the actions established in the Lisama 158 Environmental Recovery Plan.

La Tayra Lizama Ecoreserve (Santo Tomás II Property)

In the La Tayra Lizama Ecoreserve, 8,994 individuals of 48 native species have been planted, and 1,236 individuals of 36 species of reptiles, birds, and mammals have been recorded through camera trapping. It is worth noting that, thanks to birdwatching initiatives such as Global Big Day and Bird Day-VRC, 797 individuals of 121 bird species have been recorded.

Based on the above, the presence of fauna recorded in this area demonstrates the success, benefits and effectiveness of the vegetation rehabilitation process in the La Tayra Lizama Ecoreserve, where a supply of resources necessary for its subsistence is currently being provided, with these areas being used by fauna as refuge, foraging, feeding, and breeding areas, among others.

Abiotic Component

 

Water

  • Cleaning of 27,226 meters above the La Muerte canal and La Lisama stream 

 

Soil

  • 18 defense works dismantled and refurbished
  • Reconformed outcrop zone

 

Monitoring:

  • Development of 16 water monitoring campaigns, 7 of nutrients in water and sediments and 9 campaigns to verify fine cleaning.
  • 5,745 Samples analyzed (water, soil, air, sediments, hydrobiological).
  • 4 Monitoring of water and sediment nutrients and their impact on hydrobiological communities.

Monitoring

  • Development of 16 water monitoring campaigns, 7 of nutrients in water and sediments and 9 campaigns to verify fine cleaning.
  • 5,745 Samples analyzed (water, soil, air, sediments, hydrobiological).
  • 4 Monitoring of water and sediment nutrients and their impact on hydrobiological communities.

Socio-economic Component

Social

  • 11 voluntary investment projects prioritized through tripartite dialogue spaces
  • 8 projects prioritized between CDPMM, Institutions, Community and Ecopetrol.
  • 1 diploma in ecological rehabilitation, more than 50 environmental training courses, 19 training programs with SENA.
  • 32 engagement spaces with local authorities, institutions, and territorial entities, 10 community tree-planting sessions, 1 meeting on opportunities for the sustainability of the fishing sector, support for 11 campaigns on the ban on striped catfish (Pseudoplatystoma magdaleniatum), and the development of 5 home and school garden programs in educational institutions and communities of influence.
  • Progress in the implementation of the Communications Strategy with the development of 1,763 gatherings, 128 sketches, 124 public address days, 17 water teacher schools, 5 La Voz de Lizama magazines, and a water teacher Facebook page (2,110 followers).

The species of fauna and flora affected in 2024 are reported below according to the IUCN:

 

Fauna:

IUCN Status - Fauna

Species

Individuals

Preocupación menor (LC)

Caiman crocodilus

2

Iguana iguana

1

Total number of individuals 3
Total species  2

Flora:

IUCN Status - Flora Number of Species Species
Threatened (EN) 1 Mimosa trianae
Near Threatened (NT) 1 Rudgea crassifolia Zappi & E.Lucas
Least Concern (LC) 144 Acacia mangium, Acrocomia aculeata, Albizia carbonaria, Albizia guachapele, Albizia saman, Amaioua colombianum, Amaioua guianensis, Anacardium excelsum, Anadenanthera peregrina, Astronium graveolens, Bauhinia picta, Bellucia grossularioides, Bellucia pentamera, Byrsonima crassifolia, Calliandra pittieri, Calophyllum brasiliense, Caraipa llanorum, Cassia ferruginea, Cassia fistula, Cassia grandis, Cassia simanea, Cecropia angustifolia, Cecropia engleriana, Cecropia peltata, Ceiba pentandra, Ceiba penthandra, Chrysophyllum caimito, Citharexylum poeppigii, Clusia insignis, Coccoloba caracasana, Cochlospermum orinocense, Copaifera pubiflora, Cordia bicolor, Cordia gerascanthus, Cordia tetrandra, Crateva tapia, Crescentia cujete, Croton cupreatus, Cupania cinerea, Cupania latifolia, Curatella americana, Dialium guianensis, Didymopanax morototoni, Elaeis guineensis, Enterolobium cyclocarpum, Erythrina fusca, Eschweilera coriacea, Ficus benjamina, Ficus citrifolia, Ficus elastica, Ficus insipida, Ficus maxima, Ficus nymphaeifolia, Ficus pallida, Ficus pertusa, Genipa americana, Gliricidia sepium, Guadua angustifolia, Guarea guidonia, Guatteria amplifolia, Guazuma ulmifolia, Handroanthus guayacan, Heliocarpus americanus, Hevea brasiliensis, Hirtella elongata, Hura crepitans, Hymenea courbaril L., Indeterminado, Inga edulis, Inga ornata, Inga spectabilis, Inga spuria, Jacaranda caucana, Jacaranda copaia, Laurus nobilis, Luehea seemannii, Mabea paniculata, Machaerium capote, Maclura tinctoria, Malpighia glabra, Maprounea guianensis, Matayba elegans, Matayba guianensis, Melicocca bijuga, Miconia dolichorrhyncha, Miconia splendens, Muntingia calabura, Myrcia popayanensis, Myrcia splendens, Myrsine guianensis, Nectandra cuspidata, Ochroma pyramidale, Ocotea longifolia, Oliganthes discolor, Oryctanthus alveolatus, Oxandra venezuelana, Parkia pendula, Peltogyne purpurea, Phyllanthus attenuatus, Piptadenia pteroclada, Pithecellobium dulce, Protium heptaphyllum, Pseudobombax septenatum, Pseudomalmea diclina, Pseudosamanea guachapele, Psidium guajava, Quadrella odoratissima, Samanea saman, Sapium glandulosu, Sapium glandulosum, Sapium laurifolium, Sapium marmiere, Schefflera morototoni, Schinus latifolius, Schizolobium parahyba, Schizolobium parahybum, Senegalia polyphylla, Senna reticulata, Senna siamea, Siparuna aspera, Solanum crinitum, Spondias mombin, Sterculia apetala, Syzygium jambos, Tabebuia rosea, Tabernaemontana cymosa, Tapirira guianensis, Terminalia amazonia, Terminalia catappa, Trema micrantha, Trichilia elegans, Triplaris americana, Tterminalia oblonga, Vismia baccifera, Vismia guianensis, Vismia macrophylla, Vitex capitata, Vitex cymosa, Xylopia aromatica, Xylopia ligustrifolia, Xylopia polyantha, Zanthoxylum rhoifolium, Zygia longifolia, Guarea trichilioides 
Insufficient data (DD) 1 Manguifera indica
Not evaluated (NA) 13 Attalea insignis, Centrolobium paraense, Citrus limon, Cordia viridis, Croton lechleri, Erythrina poeppigiana, Gmelina arborea, Leucaena leucocephala, Licania tomentosa, Oryctanthus alveolatus, Pollalesta niceforoi, Rollinia edulis, Trichilia pallida
Vulnerable (VU) 2 Cedrela odorata, Handroanthus chrysanthus
Total species   162

 

Operations in areas of high biodiversity value (Exposure and Assessment)

Ecopetrol S.A. currently operates in 101 sites with a total licensed area of 697,415 ha. Of these, 210,810 ha correspond to the company's direct production fields. In all of these areas, biodiversity impact assessments have been conducted in accordance with the parameters established by the competent environmental authority.

Total area of ​​Ecopetrol's assets

Map of licensed areas with operational fields.

Source: Ecopetrol S.A., Environmental Management Department

 

Ecopetrol SA declares that it does not have, nor does it plan to engage in, exploration, production, or refining activities in areas of high biodiversity value classified by the International Union for Conservation of Nature (IUCN) as categories I to IV.

Likewise, Ecopetrol has no projects or operations in areas declared World Heritage Sites by UNESCO, nor does it plan to intervene in these areas.

IUCN protected areas and Ecopetrol licensed areas

.Map of licensed areas with operational fields and IUCN category I to IV protection areas.

Source: Ecopetrol SA, Environmental Management Department 

 

Ecopetrol operates four assets located near two Protected Areas, known as Integrated Management Regional Districts (IMRDs)—equivalent to IUCN Category VI—named La Ciénaga San Silvestre and La Serranía de los Yariguíes, in the department of Santander. The IMRDs contemplate the sustainable use of natural resources. Ecopetrol legally operates these four production assets, which were declared by regional authorities 50 years after the company began operations in the area.

Areas of Ecopetrol's assets in DRMI in the Central Region

Source: Ecopetrol S.A. Environmental Management Department

 

Regional Integrated Management Districts (DRMI)

Operations center Description Type Geographic location Position with respect to the protected area Subsurface and underground lands Type of operation Size in km2 Attributes of the protected area or zone of great value Appears on lists of protected character
1 APE NUEVO MUNDO Direct operation San Vicente de Chucurí Field within the protected area Yes PRODUCTION 4,3 Yariguíes Mountains Regional Integrated Management District Yes, IUCN Category VI
2 AREA DE DESARROLLO PAUTO Direct operation Yopal Protected area within the field Yes PRODUCTION 0,18 La Primavera Civil Society Nature Reserve Yes, IUCN Category VI
3 CAMPO CASABE PEÑAS BLANCAS Direct operation Yondó Protected area within the field Yes PRODUCTION 0,07 La Esperanza Civil Society Nature Reserve Yes, IUCN Category VI
4 CAMPO QUEBRADA ROJA Direct operation Barrancabermeja Field within the protected area Yes PRODUCTION 1,89 San Silvestre Wetland Integrated Management Regional District Yes, IUCN Category VI
5 CAMPO TIBÚ Direct operation Yopal Protected area within the field Yes PRODUCTION 0,11 Gualanday Civil Society Nature Reserve Yes, IUCN Category VI
6 LCI Direct operation Barrancabermeja Field intersects with the boundaries of the protected area Yes PRODUCTION 8,58 San Silvestre Wetland Integrated Management Regional District Yes, IUCN Category VI
7 CENTRO Direct operation Barrancabermeja Field intersects with the boundaries of the protected area Yes PRODUCTION 1,18 San Silvestre Wetland Integrated Management Regional District Yes, IUCN Category VI
8 LISAMA Direct operation San Vicente de Chucurí Field within the protected area Yes PRODUCTION 59,01 San Silvestre Wetland Integrated Management Regional District and Serranía de los Yariguíes Integrated Management Regional District Yes, IUCN Category VI
9 LLANITO Direct operation Barrancabermeja Field intersects 70% of the protected area Yes PRODUCTION 3,46 San Silvestre Wetland Integrated Management Regional District Yes, IUCN Category VI
10 MARTEJA Direct operation Barrancabermeja Field intersects 70% of the protected area Yes EXPLORATION 2,83 Regional Districts for Integrated Management of the San Silvestre Wetland Yes, IUCN Category VI
11 NUEVO MUNDO Direct operation San Vicente de Chucurí Field within the protected area Yes EXPLORATION 0,01 Yariguíes Mountains Regional Integrated Management District Yes, IUCN Category VI

 

Main impacts by Ecopetrol region

Below are the main impacts caused by Ecopetrol in each of the regional areas in which it operates

Regional Area of ​​Operation Orinoquía Andina Oriente Refinación y Caribe Exploration Drilling and Completion Piedemonte Central
DAO - VRO* DAA - VAO DRI DEX - VEX DPI - VPI DAC - VRC
Impacts on areas
Habitat transformation. Number of cases that involve no intervention in areas/change of land use 3 9 11 12 70 15
Changes in ecological processes NO
Construction or use of transportation facilities and infrastructure       Construction of locations    
             
Extension of impacted areas (ha)       4,36    
Impacts on species
Introduction of invasive species, pests and pathogens No No No No No No
Species reduction Ecopetrol does not generate species reduction in its areas of influence since its operating activities affect only individuals and do not have a population reach
Number of species affected by forest exploitation 130
Volume of harvested wood m3 48,913 91,115 42,555 4,32 20,269 238,818
Number of Species affected by collision      4      
  Si
*DAO : Orinoquia Regional Environmental Department, DAA: Andean - Eastern Regional Environmental Department, DRI: Refining and Caribbean Regional Environmental Department, DEX: Exploration Environmental Department, DPI: Piedmont Regional Drilling and Completion Department, DAC: Central Regional Environmental Department

 

Strategy for environmental compensation and 1% investment

In compliance with the obligations of environmental compensation and investment of not less than 1% for the use of water from natural sources, Ecopetrol S.A seeks the conservation of biodiversity, its ecosystem services and natural capital in prioritized areas by the company through different actions that involve i) the signing of voluntary conservation agreements with local communities, ii) purchase of land in strategic conservation areas, iii) ecological restoration, among other actions.

Currently, the conservation agreements are the most widely implemented in the company and seeks, in addition to conserving, promoting the sustainable use of biodiversity and other natural resources through incentives such as agroforestry systems, silvopastorals, ecological gardens, eco-efficient stoves and wood energy orchards and more. These actions promote the reduction of tensioners in each of the properties where they are implemented.

Actions implemented under voluntary conservation agreements.
1. The conservation areas in Casanare, Fundación Natura . 2. The rehabilitation actions in strategic areas in the Middle Magdalena. 3. Model of eco-efficient stove in Putumayo. 4. Planting of trees for silvopastoral systems in the Middle Magdalena.
 

Actions implemented in voluntary conservation agreements 

A.  Conservation area and silvopastoral system of the Acacías municipality. Source: BQS SAS B.  Agroforestry system of the Aguazul municipality. Source: Piedemonte Environmental Coordination. C.  Agroforestry system of the Puerto Caicedo municipality. Source: Andean Environmental Coordination.  

In turn, the conservation agreements seek to accompany the participant in the planning of their property through a participatory and concerted design, where an area is established for conservation.

Example of land design conservation agreement

Source: Ecopetrol S.A. Environmental Management Department

This strategy seeks to generate positive impacts on biodiversity at the landscape scale through the implementation of Voluntary Conservation Agreements and other actions and to enhance the conservation of natural capital in the territories.

Properties with Central Regional Conservation Agreements 

Source: Ecopetrol S.A. Environmental Management Department

 

Management of impacts from environmental compliance

With regard to management in the prevention, mitigation and correction of potential impacts that could affect biodiversity, the following actions are highlighted: 

  • 297 feasibility diagnoses in project and operations planning 
  • 85 environmental studies in exploratory and production projects, with biotic characterization. 
  • 450 biotic environment impact management sheets for monitoring and control instruments
  • 106 fauna samples 
  • 18 flora samplings 
  • 528 hydrobiological sampling points 

For more information, please consult the section: Legal Compliance and Relationships .

Among the most important results in biodiversity conservation with mandatory investments by 2024 are the following:

To discover how we comply with the mandatory investments, see the Compliance to biodiversity offsets and 1% investment* requirements section.

 

Opportunities and risks associated with Natural Capital

Water is a vital resource for Ecopetrol, as well as for the environment in which it operates. That is why, in 2021, the Roadmap for Integral Water Management was established, seeking that the company is water neutral or even water positive by 2045. For more information, see the Climate action section and  Towards water neutrality.

Ecopetrol advances in actions of conservation of natural capital and biodiversity, through voluntary efforts and the fulfillment of obligations of environmental compensation and investment of 1%, which contribute to the conservation and monitoring of water resources. For more information, see the Compliance to biodiversity offsets and 1% investment* requirements section.

The circular economy is an enabler of the goals in energy transition, net zero carbon emissions, reduction of the water footprint, closure of material and waste cycles, management of natural capital. Ecopetrol boosts the latter as it contributes with opportunities for growth, innovation, employment generation and conservation of biodiversity and ecosystem services. For more information, see the Circular economy section.

 

Net Zero Deforestation - DN0

This approach is part of its sustainability and energy transition strategy, called SosTECnibilidad. For Ecopetrol, its commitment to Zero Net Deforestation means that its operations and those of its supply chain do not generate a net loss of forest cover. This means that any deforestation that cannot be mitigated must be offset through actions such as reforestation, ecological restoration, or conservation of existing forests. 

Key concepts:  

Forest: According to the Colombian Forest and Carbon Monitoring System, forest is defined as: Land occupied mainly by trees containing shrubs, palms, guaduas, grasses, and lianas, where tree cover predominates with a minimum canopy density of 30%, a minimum canopy height (in situ) of 5 meters at the time of identification, and a minimum area of ​​1.0 ha that is located in a territory. Tree cover from commercial forest plantations, palm crops, and trees planted for agricultural production are excluded (IDEAM et al. 2012).  

 

Adapted IDEAM. IDEAM Forest and Carbon Monitoring System. 

 

Isolated trees outside the natural forest cover: Individual trees resulting from natural regeneration, planted or established trees that are not part of a natural forest cover or forest cultivation for commercial purposes (Decree 1532 of 2019). 

Zero net deforestation: Balance between the loss of forests due to deforestation and the gain from reforestation/restoration processes or others, conceiving that the actions of forest cover gain must correspond to the criteria determined in the definition of natural forest adopted by Colombia (MADS, IDEAM, 2019). 

 

Lyons-White et al, 2020. 

Natural forests are generally included in the exclusion areas* for ECP operations. Some linear projects are exempt from their exclusion. 

*Areas that cannot be affected by project activities. Criterion related to the fragility, sensitivity, and socio-environmental functionality of the area; the self-healing capacity of the affected areas; and the status of the areas with a special status (ANLA, 2014). 

We work in coordination with the Vice Presidency of Administration and Services in various training and awareness-raising activities aimed at the supply chain, with the goal of promoting practices aligned with the Zero Net Deforestation (ZND) commitment. These actions seek to raise awareness and strengthen capacity in our priority categories, encouraging their voluntary participation in the Intersectoral Pact for Legal Timber, as a concrete manifestation of their commitment to sustainability, traceability of forest products, and ecosystem conservation. 

 

 

 

 

 

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