GeoPark Publishes Its 2024 SPEED/Sustainability Report - GeoPark
Go Back
28% REDUCTION IN SCOPE 1 AND 2 GREENHOUSE GAS EMISSIONS COMPARED TO 2020: STRONG PROGRESS TOWARDS 2025 TARGET

GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, announces the publication of its 2024 SPEED/Sustainability Report (“the Report”).

The Report highlights GeoPark’s sustainability progress, showing how actively reducing energy intensity and environmental footprint strengthens operational resilience, efficiency, and value maximization that underpins a profitable, dependable and sustainable business model.

Presenting the report, Andrés Ocampo, CEO of GeoPark, said: “Sustainability is a core driver of our North Star strategy and long-term success. In 2024, we advanced across multiple fronts—cutting emissions, improving efficiencies, and delivering tangible value to our communities. Our SPEED System guides us to produce energy responsibly, power progress, and protect nature while generating competitive returns for our shareholders.”

2024 HIGHLIGHTS
  • 28% cumulative reduction in Scope 1 and 2 GHG emissions in 2024 versus 2020 baseline, while emissions intensity reached 10.3 kgCO₂e/BOE, reflecting improved operational performance, increased renewable energy use, and methane management via real-time digital systems
  • Six energy community projects structured with the Colombian Ministry of Mines and Energy to deliver clean, reliable power to rural areas in Casanare
  • Zero barrels of crude oil spilled per million barrels produced and zero environmental fines in our operations during 2024
  • 100% of employees with variable compensation linked to climate change KPIs, strengthening internal alignment with long-term environmental goals
  • 7.01% reduction in water consumption compared to 2023
INDUSTRY RECOGNITION AND LEADERSHIP

In 2024, GeoPark’s performance earned several distinctions:

  • AA rating from MSCI ESG Index for the second consecutive year, consolidating our position as an ESG Leader
  • Included in the S&P Sustainability Yearbook 2025, ranked among the top 15% in the global oil and gas sector, and recognized as the most improved ESG score in its peer group
  • Winner of the Hechos de Sostenibilidad Award by the Colombian Petroleum Association for climate action and circular economy strategies
  • Recipient of the Colombia’s National Business Association (ANDI by its Spanish acronym) Water and Biodiversity Award for data-driven conservation
  • Honored with the Schneider Electric Decarbonization Award for emissions management leadership

GeoPark’s SPEED/Sustainability Report adheres to leading international reporting frameworks including the Global Reporting Initiative (GRI) and its annex on the oil and gas sector, the Sustainability Accounting Standards Board (SASB), the Sustainability reporting guide of IPIECA, the Task Force on Climate-related Financial Disclosure (TCFD), the United Nations Global Compact, and the Sustainable Development Goals (SDGs).

Click here to access the 2024 SPEED/Sustainability Report.


For further information, please contact:
INVESTORS:

Maria Catalina Escobar
mscobar@geo-park.com
Shareholder Value and Capital Markets Director

Miguel Bello
mbello@geo-park.com
Market Access Director

Maria Alejandra Velez
mvelez@geo-park.com
Investor Relations Leader

MEDIA:

Communications Department
communications@geo-park.com