SierraCol Energy
SierraCol Energy
We protect the environment and promote the sustainable use of natural resources in our business operations. We are committed to achieving our carbon-neutral goals and adapting to climate change.
Our environmental and energy transition efforts are based on rigorous work, monitoring, compliance with regulations, and close work with authorities to support a lower carbon business. Responsible water usage and waste management, biodiversity protection, and maximising resources’ value through a circular economy plan, while identifying and managing business risks and opportunities, have been our environmental approach.
In SierraCol Energy, there is genuine concern about the effects of climate change.
GHG Emissions
Thousand metric tons CO2e
GHG: greenhouse gases
COG GHG emissions were included from 2020
Scope 2 emissions were calculated and updated using the latest emission factor published in Resolution 320 2022 issued by the Colombian government’s Mining and Energy Planning Unit (UPME) and the latest version of the API Compendium
kg CO2e / boe
Net emissions and net carbon intensity include 387,920 MWh I-REC certificates redemption for 2022 and La Cira Infantas carbon credits transfers (70,298 tCO2e) for 2021.
We align our operations and policies to
national
and
international frameworks.
Achieving excellence is not only about complying with legal requirements; it is essential to implement the highest standards and guidelines to enhance the processes and conduct our business ethically, transparently and efficiently.
On January 26, 2024, SierraCol received a low-risk rating from Sustainalytics, positioning it at rank 5 among over 300 companies in the oil and gas sector. This recognition underscores SierraCol's commitment to sustainable practices and highlights its ability to effectively manage environmental, social, and governance factors within its operations.
2023 Sustainability Report
Equal Opportunities Policy
Business Code of Conduct
Political Contributions, Lobbying and Other Political Activities Policy
HSE-RM-SR Policy
Anti Bribery and Corruption Policy
Human Rights Policy
Diversity, Equity and Inclusion Policy
Conflict of Interest Policy
SierraCol Energy Diversity, Equity and Inclusion Statement
Speak-Up and non-retaliation Policy
SIGO
Sustainability Report 2021 PWC Limited Assurance
TCFD 2021
Sustainability Report 2022 PWC Limited Assurance
TCFD 2022
Sustainability Report 2023 PWC Limited Assurance