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Ecopetrol presents its fourth report on climate change management following the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)
EcopetrolEcopetrol(US:EC) Prnewswireยท2024-11-20 14:52

Group 1 - Ecopetrol S.A. has published its fourth TCFD report, covering developments from 2023 and the first half of 2024, focusing on climate-related risk and opportunity management [1][2] - The report aligns with international best practices and follows the recommendations of the Financial Stability Board's Task Force on Climate-Related Financial Disclosures (TCFD) [2] - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production, and has significant roles in transportation, logistics, and refining systems [2] Group 2 - The company employs more than 19,000 people and has a strong presence in the petrochemicals and gas distribution segments [2] - Ecopetrol has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and real-time systems management [2] - Internationally, Ecopetrol operates in strategic basins in the Americas, including drilling and exploration in the United States, Brazil, and holds leading positions in power transmission in Brazil, Chile, Peru, and Bolivia [2]