Value Chain - GeoPark
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Value Chain

At GeoPark we manage a value chain that supports local development and strengthens our operations. We work with suppliers who align with our ethical, environmental and social principles, promoting transparent, inclusive and sustainable relationships in each territory we operate in.

2024 Performance Highlights

Value Chain

3.551

Job opportunities created by contractors in Colombia

228

Local suppliers in the value chain

70

Suppliers trained in human rights

100%

Suppliers who were evaluated

SUPPLIERS
Our Supply Chain
Our contractors and goods and services suppliers are strategic partners in the long-term success of our business and in the sustainable development of the territories we operate in. Our commitment to transparency and high standards ensures safety, quality and accountability in our supply chain. Our Suppliers page has all the necessary information, tools and resources for the management of transparent and efficient relationships in line with GeoPark standards.
Suppliers
SUPPLIERS CODE OF CONDUCT
A guide to building an Integral Value Chain together
Our Suppliers Code of Conduct sets out the ethical principles and conduct that we require of the companies we work with. The document reflects GeoPark’s commitment to a transparent supply chain, aligned with our SPEED values. In effect since 2023, the Code sets standards in key areas such as human rights, legal compliance, integrity, health and safety, and respect for the environment. It is fundamental in helping our suppliers act according to the same principles that guide our Company and leverage the sustainable development of the territories we operate in.
Suppliers code of conduct
A guide to building an Integral Value Chain together
Supplier Selection and Evaluation
Our Supplier Selection and Evaluation policies and procedures have been designed to encourage the participation of multiple suppliers, promote healthy competition and receive the best technical-commercial proposals for the required goods or services. The process is based on selection criteria that include legal, technical, environmental, labor, and occupational health and safety aspects.
I want to be a Supplier
VALUE CHAIN
Alianza Pro, our Annual Meeting with Suppliers and Contractors
Alianza Pro is GeoPark’s strategic platform to strengthen the relationship with our suppliers and contractors. The meeting is an opportunity for connection, recognition and building together, where we make a safer, closer value chain in line with our SPEED principles.

< Performance recognition
We give awards to suppliers and contractors that stand out for their commitment to safety, operational quality and continuous improvement, reinforcing a shared culture of excellence.
< Close and transparent connection with our suppliers
We create opportunities to talk with leaders and strategic partners, promoting open dialogue, aligning expectations and strengthening long-term relationships.
< Promotion of a Culture of Safety
We promote Health and Safety best practices, sharing learnings, standards and tools that promote preventive management throughout our value chain.
More information on Alianza Pro 2025
SHARED COMMITMENT
Policies that Strengthen Our Value Chain
Principles that move us

Our value chain management is based on strong policies that ensure responsible, inclusive and sustainable practices. At GeoPark, all stakeholders in the environment – contractors, partners and communities – are part of shared ethical, social and environmental frameworks.

Human Rights Policy
Code of Ethics and Conduct
Local Hiring Guide
Procurement Policy
Policies that Strengthen Our Value Chain
GOVERNANCE, FOLLOW UP AND MONITORING
Rigorous oversight for a responsible value chain
Supplier management at GeoPark takes place within a rigorous governance and monitoring structure, enabling us to ensure high social, environmental, ethical and labor standards throughout our value chain. Our monitoring model includes criteria such as respect for human rights, responsible business conduct, and compliance with SPEED commitments.

Governance, follow up and monitoring of supplier management

Board of Directors/
Board Committees
SPEED / Sustainability Committee
Responsible for monitoring the progress, quality and effectiveness of GeoPark’s responsible management of suppliers and contractors
CEO /
Management
CFO
Responsible for the Company’s supplier management strategy
Internal committees
Purchasing and Contracts Committee
Authorizes processes and acquisitions relevant to the Company
Areas
Commercial and Supply Area
Oversees the implementation of responsible management work plans with suppliers
Operational Level/
Management Teams
Supply Management
Leads and executes the processes for the efficient management of goods and services supply

Governance, follow-up and monitoring of local supplier management

Board of Directors/
Board Committees
SPEED / Sustainability Committee
Responsible for monitoring the progress, quality and effectiveness of GeoPark’s responsible management of suppliers and contractors
CEO
Strategy, Sustainability and Legal Department
Establishes the strategic guidelines for the development of work plans with local suppliers
Areas
Nature and Neighbors Area
Oversees the deployment of management work plans with local vendors.
Operational /
Management Teams
Neighbor Relations Management / Value Chain
Leads and implements the guidelines for the management of the Responsible Value Chain with local suppliers in operations in Colombia

Find out more in our
SPEED/Sustainability Report

View Report