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Circular Economy Achievements

Feb 8, 2023

Results obtained for each action lines:

 

Skills improvement and knowledge generated

Number of employees who assisted to different courses related with Circular Economy:

Level

2022

2021

Basic

4.194

1.296

Intermediate

153

121

Advance

33

N.A.

 

Circularity in the supply chain

Strategies design with suppliers which guarantied the Circular Economy implementation has resulted in the following results:

Iniciative

Circularity in the supply chain 2022

Natural resources Management

Materials and wastes: 34,176,254 kg of waste was recovered, representing an income of $47.6 Billion COP, of which 94% correspond to ferrous waste. This means an increase of 9% compared to 2021.

Of these ferrous waste 173,462 Kg were transformed into 348 racks and 8 cantilever, with a 100% circularity indicator and avoiding $401 million in total costs. Also, 3.5 billion of costs was avoided by selling waste from decommissioning structures. Through the repurchase process of turbo machinery equipment with manufacturers, 1 unit was sold for remanufacturing, obtaining $3 Billion COP and extending its life expand.

In the food service we were able to achieve a circularity indicator of 72%, an increase of 3% compared to 2021, this was accomplished by purchasing green seal products and using the food service waste for composting purposes.

Water: In 2022 Ecopetrol decreased 13,6% of water withdrawal for not industrial facilities.

Decarbonization

76,829 tons of CO2 were reduced in the supply and services chain, of which 56% corresponded to mitigation levers managed with allies. This was accomplished by focusing on energy efficiency, the implementation of low-emission vehicles in the operation and circular initiatives. The remaining 44% corresponded to offsetting emissions through the acquisition of carbon credits by allies, mainly in projects associated with Natural Climate Solutions that provide social co-benefits for the country.

Iniciative

Circularity in the supply chain 2021

Materials showcase and loans

Platform where materials that are no longer required by Ecopetro are published with free access for Cenit, Hocol, Esenttia, and Ocensa. Actually, there is 31.269 materials in stock.

Buy Back

Model for buying materials in which any material that will be bought needs to have a rebuy offer when it finished its life cycle. This results in minimal waste generation and extra dividends for the company . During 2018-2021 period, buy back incomes were $6.9 mM COP.

Chemical Leasing

On September 15, UNIDO (United Nations Industrial Development Organization) recognized Ecopetrol as a leading company in the implementation of a model, which consists of moving from purchasing chemical products to buying them as services. This recognition was achieved by presenting the financial and environmental benefits of catalyst contracting strategies at the Cartagena Refinery. Also, the achievements were obtained after the chemical treatment in Cartagena refinery was shown and the Apiay’s operations management were presented.

Wastes reincorporation in the infrastructure field

First contractual model for ferrous waste to be used by a third party as raw material for infrastructure  purposes at Ecopetrol S.A. warehouses.

Green Clauses

27 actual clauses that include environmental criteria for allies’ selection in strategic areas like engineering, O&M and chemical treatments process in the refineries.

Circular initiatives in the feeding area

Food pre-treatment wastes obtained in restaurants were used for composting purposes, vermiculture, analytical production forecast, etc. These initiatives achieve 83% of wastes reuse in the whole operation in Colombia.

 

Circular initiatives bank

Since 2019 the Ecopetrol’s circular initiatives bank were registered depending on the development process (Idea, research, planning, execution, and implementation).

Year

Ecopetrol’s Group

Ecopetrol S.A.

2022

488

342

2021

413

297

2020

333

230

2019

No identification

89

Circular Initiatives bank in Ecopetrol S.A.

 

Circular criteria in operative, financial, commercial, and catering areas

In order to appropriate circularity in every area inside the organization, Circular Economy criterias were included in the following procedures:

Dependency

Document

Year

Environmental Management and relations

  • Instructive guide for Environmental diagnosis and viability

  • Integral wastes management and Zero wastes guide for Ecopetrol S.A.

2022

Projects & Development Vice-presidency

  • Increasing Value practices

  • Sustainable alternatives guide for civil projects

2021

Sustainable Development Vice-presidency

  • Procedure for Social investment and relations a management projects in Ecopetrol S.A.

2021

 

Circular metrics

 

 

Qualitative metrics

In 2022 Was the second measurement for Circular Economy perception after the first measure in 2021 in all the Ecopetrol’s vice-presidencies according with the Technical Guide for Colombia (GTC 314:2020) adopted from the British standards (BS 8001:2017). Both measurements showed Ecopetrol’s level was “Commitment in Circular Economy management”.

This commitment level is related with products, services and process innovation through the Circular Economy principles align with the Ecopetrol’s valuable purpose.

 

Quantitively metrics

In 2021 some indicators were calculated including the materials circularity for the catering contracts in Barrancabermeja’s refinery. It was also calculated indicators for the ferrous waste's transformation in the production process for the Central Region achieving 70% circularity index (https://www.wbcsd.org/Programs/Circular-Economy/Factor-10/Metrics-Measurement/Circular-transition-indicators).

In 2022 the circular indicators list for the Ecopetrol’s Group grew and also the evaluation for the water and waste indicators lists in for the operative initiatives in Projects and Development Vice-presidency (P&D) achieving 16% of alternative water catching for industrial purposes, 52% of water recirculation, 57% reduction of fresh water catchment for operations and 69% use of Baryta in the drilling operations.

Vice-presidency

Indicator

2021

2022

Supply

Materials circularity in the catering contarct

70%

72%

Circularity in the transformation of ferrous waste

50%

100%

Water Withdrawal Reduction

N.A.

13.6%

Projects and Development

Water from alternative sources for industrial use

N.A.

22.5%

Recirculated water  vs EDP water requirement

N.A.

50.9%

Reduction of Fresh Water Withdrawal

N.A.

57.2%

Use of Pareto material in the operation

N.A.

60.3%

 

More information:

 

 

 

 

 

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