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Circular Economy Pillar

Feb 8, 2023

Circular Economy Pillar

 

 

The Circular Economy is one of the outstanding elements of the Sustainability Strategy of the Ecopetrol Business Group and becomes the means to; (i) promote efficiency in the use of materials, water, energy and ecosystem resilience, (ii) implement new business models with triple impact benefits (economic, environmental and social), and (iii) promote innovation, technology and research.

Therefore, the Business Group has declared that Circular Economy is an enabler to achieve; (i) energy transition, the goal of zero net carbon emissions, (ii) reduction of the water footprint, (iii) closing the cycle of materials and waste, (iv) management of natural capital, (v) diversification of new businesses (sub products), (vi) compliance with actions of the National Pact for Circular Economy.

 

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