Our CSR Model
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Ecopetrol´s CSR model is part of the definition of an explicit relation commitment with each

Relationships of trust with our stakeholders

Our CSR Model

Last updated Nov 6, 2014
STAKEHOLDER COMMITMENT STRATEGIC OBJECTIVES
Shareholders and investors Ensure the sustainability of the business through ethical, transparent and responsible management.
  • Maximize shareholder value in a sustained manner.
  • Ensure corporate governance and promote ethical and transparent behaviors.
  • Strengthen relations with shareholders and investors.
Employees, retirees and their families Build a great place to work within a framework based on relationships of trust, transparency and productivity.
  • Ensure fair compensation within a framework of corporate competitiveness.
  • Have leadership that leverages the development of employees and the company´s work environment.
  • Ensure international HSE standards for employees
  • Act within a framework of respect and promotion of labor and union rights.
  • Contribute to the quality of life of employees, retirees and their families.
Contractors and their employees Transparency and clear rules within a mutually beneficial relationship.
  • Ensure transparency in the supply chain.
  • Ensure international standards of HSE in the contracted operation.
  • Ensure compliance with the parties´ contractual terms.
  • Promote responsible practices from our contractors.
Partners Ensure sustainable business within a framework for action that is transparent, reliable and of shared leadership.
  • Provide and maintain fair commercial relations and with clear rules for mutual benefit
  • Ensure international HSE standards in joint ventures
  • Jointly contribute to the viability of the business ensuring the development of conditions
Customers Ensure customer satisfaction through service excellence
  • Maximize the value of products and services for customers
State Help build a Social State based on the rule of Law by fulfilling our obligations and supporting institutional strengthening
  • Ensure and promote the fulfillment of obligations with State institutions
  • Support the strengthening of local authorities in order for them to properly manage their obligations
Society and Community Participate in the sustainable development of the country, within a framework of shared responsibility and respect for human rights
  • Strengthen relationships of shared responsibility based on dialogue and participation
  • Carry out all activities with social and environmental responsibility
  • Promote collective processes of regional development
  • Act within a framework of respect and promotion of Human Rights.