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As part of its Sustainability Strategy, Ecopetrol complies with the standards and metrics reports required by multiple national and international organizations and subscribes to multiple indexes that verify the Company's work in aspects such as sustainability, transparency, social investment and reputation, among other issues.
These are the indexes, rankings, metrics, standards, evaluators, radars and initiatives in which Ecopetrol participates:
Indexes and rankings
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Metrics and standards
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ESG radars and Assessment
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Initiatives
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Multiactor initiatives
Members of G12
We are aware of our role as economic agents and social actors in Colombia, and we are convinced that the greatest positive impact we generate in society, the environment and the economy, we make from our businesses, when we act in an ethical, conscious, responsible and sustainable manner, and we account for it in a public and transparent way.
From Grupo Éxito, Bavaria, Movistar, Postobón, Enel, Terpel, Grupo Sura, Grupo Nutresa, Grupo Argos, Grupo Bancolombia and Grupo Ecopetrol, with the value we generate for more than 45 million customers and users, 203,000 employees, 126,000 suppliers, 374. We understand more than ever how interconnected we are, how vulnerable we are and the importance of working together, which is why we joined forces more than a year ago to work together in our commitment to the Sustainable Development of Colombia, seeking to move towards a more prosperous economy oriented to the fulfillment of the 2030 Agenda and the commitments of the Paris Agreement.
We endorse the following indicators as minimum and common indicators that account for the impact we generate, we will report them on an annual basis and we invite the entire private sector to advance in the reporting of these.
Environment
(305-1)(305-2)(305-3)(WEF7)(WEF7F) Direct and indirect GHG emissions scope 1, 2 y 3
|
Emmissions |
Unit |
2018 |
2019 |
2020 |
2021 |
|
Gross value of direct GHG emissions (Scope 1) |
TonCO2e |
11,193,834 |
11,141,393 |
10,238,780 |
10,296,909 |
|
Gross value of indirect GHG emissions from energy generation (Scope 2) |
TonCO2e |
427,546 |
602,040 |
776,125 |
680,399 |
|
Gross value of other indirect GHG emissions (Scope 3) |
TonCO2e |
NA |
120,784,646 |
116,698,200 |
112,629,936 |
Source: HSE Vice Presidency
- i) Data adjusted based on SIGEA 2018, 2019 and 2020 updates, ii) Data for the year 2021, correspond to information inventoried for the first 10 months of 2021, and averaged for the months of November and December. These data will change once the definitive information is available.
- The gases included in the table data are CO2, CH4 and N20.
- The first Scope 3 emissions estimate made by the Company was for 2019.
Employees
Ecopetrol Group has more than 18,000 employees. During 2021 Ecopetrol S.A. employed more than 9,000 people.
(102-8) Average hours of training that the organization's employees have had during the reporting period, by employee category.
| Work cathegory
|
Total number of training hours |
Average hours of training per employee |
|
Senior Management |
317 |
10 |
|
Management |
4,051 |
34 |
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Middle Management |
32,241 |
53 |
|
Supervission |
71,171 |
149 |
|
Professional Technical |
329,799 |
54 |
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Operative |
212,915 |
106 |
|
Total |
650,494 |
70 |
Source: Human Talent Vice Presidency
(404-1) Average hours of training per employee by gender
| Gender
|
Total number of training hours |
Average hours of training per employee |
| Men
|
560,348 |
80 |
|
Women |
90,146 |
38 |
|
Total |
650,494 |
70 |
Source: Human Talent Vice Presidency
- Due to the restrictions on attendance during 2020, in 2021 the training courses specific to the operation increased considerably, especially those of operational excellence, which increased by more than 34% compared to the previous year. Taking into account that this type of training applies to areas with large populations and mostly men (operations and maintenance), a high numerical impact was generated in the total number of training hours for Ecopetrol. When discriminating the training in thematic areas for administrative areas, where the number of women is higher than in operations, the average number of training hours for women is similar to the average number of training hours for men, as shown below and as it has been in recent years.
|
Salary rate |
Average female salary |
Average male salary |
Proportion |
|
Executive level (only base salary) |
810,579,744 |
836,100,110 |
0.97 |
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Executive level (base salary + other cash incentives) |
1,020,024,680 |
1,074,203,897 |
0.95 |
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Management level (only base salary) |
349,598,090 |
382,223,995 |
0.92 |
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Management level (base salary + other cash incentives) |
404,711,807 |
446,244,317 |
0.91 |
|
Non-managerial level |
177,034,973 |
164,073,130 |
1.08 |
Source: Human Talent Vice Presidency
Suppliers
(308-2) (407-1) (408-1) (409-1) (414-2) (WEF 14) (WEF 21E) (WEF 22E) Suppliers evaluation
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Suppliers evaluation frequency |
% annualy evaluated |
% evaluated at least once every three years |
Total |
|
Critical suppliers |
0 |
100 |
100 |
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Suppliers with high risk in sustainability |
100 |
0 |
100 |
Source: Vice-Presidency of Supply
(308-1) (414-1) Results of the performance evaluation of suppliers in the following aspects.
|
Evaluation aspects |
Measure unit |
2018 |
2019 |
2020 |
2021 |
|
HSE Aspects[1] |
% |
98.4 |
99 |
99.7 |
98.3 |
|
Environment management |
% |
98.3 |
99.1 |
99.6 |
99 |
|
Administrative aspects |
% |
98.3 |
98.4 |
99.3 |
92.9 |
Source: Vice-Presidency of Supply
Shareholders
Members of the Board of Directors
The Board of Directors of Ecopetrol is comprised of nine (9) principal members, without alternates, elected by the electoral quotient system by the General Shareholders' Meeting for periods of two (2) years, and may be re-elected indefinitely.
The composition of the Board of Directors meets the following legal and statutory criteria, as well as the best practices of Corporate Governance:
- Profile: (i) have international knowledge or experience in the activities pertaining to the Company's corporate purpose and/or have knowledge and experience in the field of industrial and/or commercial activity, financial, business risks, stock market, administrative, legal or related sciences, (ii) have professional experience of more than 15 years; (iii) have a good name and recognition for their professional suitability and integrity, and (iv) not simultaneously belong to more than five (5) boards of directors of corporations including that of Ecopetrol.
- Independent: The majority of the members of the Board of Directors shall be independent.
- Experts: At least one of the members must be an expert in financial matters, in accordance with applicable U.S. securities market regulations.
- Gender, diversity and inclusion: Gender, diversity and inclusion criteria shall be considered in the composition of the Board of Directors, and at least one (1) of the nine (9) members must be a woman. The gender, diversity and inclusion criteria shall, in any case, be concurrent with the provisions regarding the profiles of the members of the Board of Directors.
|
Name |
Length of service on the Board of Directors |
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Carlos Gustavo Cano Sanz Independent President of the Businesses Committee |
5 years (member since 2017) |
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Hernando Ramírez Plazas Independent President of the HSE Committee |
4 years (member since 2018) |
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Cecilia María Vélez White Independent |
1 year (member since 2021) |
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Esteban Piedrahita Uribe Independent President of the Corporate Government and Sustainability Committee |
2 years (member since 2019) |
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Santiago Perdomo Maldonado Independent President of the Special Committee |
2 years (member since 2019) |
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Sergio Restrepo Isaza Independent President of the Audit and Risks Committee |
2 years (member since 2019) |
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Juan Emilio Posada Echeverri Independent President of the Compensation, Nomination and Culture Committee |
2 years (member since 2019) |
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Germán Eduardo Quintero Rojas |
2 years (member since 2019) |
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Luis Guillermo Echeverri Vélez Independent President of the Board of Directors President of the Technology and Innovation Committee |
2 years (member since 2019) |
Find more about this information in our 2021 Integrated Sustainable Management Report
