Responsible Management of Water and Biodiversity - GeoPark

Responsible Management of Water and Biodiversity

Water and biodiversity are essential to our operations, community well-being, and the health of the planet. GeoPark manages these resources responsibly by applying precautionary principles and mitigation hierarchy under our Sustainability Framework, aiming to reduce impacts and create lasting environmental value.

2024 Performance highlights

Water and Biodiversity

70%

Completion of the socio-ecological plan, together with the Humboldt Institute

FIRST MEASUREMENT

and verification of our water footprint under ISO 14046

90%

Completion of the Caribayona WWTP in Casanare, Colombia

US$4.7
MILLION

Invested in water and biodiversity projects, benefitting over 4,000 people

MATERIALITY
Strategic Relevance to the Business and Environment
We recognize the critical role of nature in community development, well-being, and business continuity. By managing impacts, dependencies, risks, and opportunities, we ensure the protection and efficient, responsible use of water and we implement measures for the preservation, restoration, and sustainable utilization of biodiversity. Through these efforts, we contribute to the maintenance of ecosystem services within our areas of influence.
Strategic Relevance to the Business and Environment

PROGRAMS AND INITIATIVES

Our Environmental Commitment in Action

We promote initiatives that safeguard water and biodiversity through various approaches, including conservation, education, restoration and participatory science.

AGREEMENTS AND PARTNERSHIPS

Strengthening our Environmental Management

Partnering with experts, authorities, and communities has been key to scaling the impact of our actions. Our strategic partners in water and biodiversity management include:

GOVERNANCE OF WATER AND BIODIVERSITY
Clear Responsibilities, Purposeful Decisions
Water and biodiversity management is supported by a governance scheme that stretches from the Board of Directors to technical teams in the field. The Strategy, Sustainability and Legal Area sets strategic guidelines and leads the supervision of the system, while the Environmental and Nature and Neighbors areas implement actions, monitor indicators and ensure compliance with our standards.

Governance, follow up and monitoring

Board of Directors/
Board Committees
SPEED / Sustainability Committee
Meets at least twice a year and is responsible for approving the Company’s Sustainability Framework and supervising the progress of action plans on environmental material issues, including the responsible management of water and biodiversity.
CEO
Strategy, Sustainability and Legal Area
The highest executive level positions with responsibilities for water and biodiversity management. The Strategy, Sustainability and Legal Area reviews and monitors the environmental management system annually.
Management
Nature and Neighbors Manager
Responsible for defining plans and supervising their implementation to secure and maintain the social license to operate, and the environmental license.
Sustainability Area
Responsible for defining the Company’s sustainability priorities and corporate guidelines for its management.
Operational Level/
Management Teams
Environmental Team
Responsible for implementing plans and actions to secure and maintain environmental licenses, and for achieving high standards of environmental performance.
Sustainability Team
Responsible for monitoring impact indicators and management of material issues, and proposing trends and best practices.

Find out more in our SPEED/Sustainability Report.