Question: How many Scope 2 indirect emissions (in metric tons of CO2 equivalent) does this company report using the location-based methodology?
Answer:
Unknown
Metric tons of CO2 equivalent
17131804
Manali Rana
Ecopetrol
2022
Unverified - Added by Steward
updated 3 months ago by Manali Rana

Not reported.

Pg. 473

“Energy indirect (Scope 2) GHG emissions

Scope 2 emissions in Ecopetrol are reported by the market-based method, which includes emissions generated by energy purchased from the National Interconnected SystemSIN (estimated with emission factor published by UPME Resolution 320 of 2022 -126 Kg/Mwh) and emissions generated by local generation centers (emission factors estimated with the energy generated and fuel consumption). Although Ecopetrol calculates Scope 2 emissions by the location-based method, which is estimated using the SIN emission factor for all energy purchased, it was decided to report by the market-based method, due to the behavior of the Colombian energy basket, which is mostly composed of hydroelectric energy and therefore generates less emissions than local suppliers; thus, the market-based method is the one that offers a higher result and better describes the operational reality."

Manali Rana.....2024-02-09 13:28:15 UTC