Frontera Energy Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2017, 2016

In its 2023 reporting, Frontera Energy Corporation disclosed greenhouse gas emissions of 9.0M tCO2e/year (Colombia and Ecuador). By scope: Scope 1: 689.5K tCO2e/year (Colombia); 63008 tCO2e/year (Ecuador); Scope 2: 54.3K tCO2e/year (Colombia); Scope 3: 8.3M tCO2e/year (Colombia). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
9.0M tCO2e/year (Colombia and Ecuador)
2023
💧
Water Usage
248.4K m3/year (Colombia); 29207 m3/year (Ecuador)
2023
♻️
Waste
16.7K tons/year
2023
⚙️
Energy Use
1.1M MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).689.5K tCO2e/year (Colombia); 63008 tCO2e/year (Ecuador)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.54.3K tCO2e/year (Colombia)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).8.3M tCO2e/year (Colombia)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20239.0M tCO2e/year (Colombia and Ecuador)
2021563.3K tCO2e/year (Colombia)
2020580.6K tCO2e/year (Colombia)
2019650.0K tCO2e (Scopes 1 & 2) + 67199 tCO2e (Scope 3)
2017353.4K tCO2e/year (Scope 1); 47942 tCO2e/year (Scope 2); 475458 tCO2e/year (Scope 3)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Neutralize 50% of scope 1 and 2 emissions through carbon credits
  • Establish climate change plan
  • Reduce water extraction by reusing production water
  • Implement circular economy plan
  • 15% reduction of waste generated in the operation through projects with a circular economy approach

📅 Medium-term

  • Reduce water extraction from surface and underground sources by reusing production water
  • Calculate the water footprint
  • Implement the circular economy plan
  • Fulfill the 1t.org’s pledge plan
  • Maintain or improve health and safety indicators (TRIR) for employees and contractors in Colombia and Ecuador operations

🔭 Long-term

  • Reduce the extraction of water from surface and underground sources by reusing production water
  • Calculate the water footprint
  • Implement the circular economy plan
  • Fulfilling the 1t.org’s pledge plan and thus contributing to the protection of wildlife habitat in the ‘Llanos Orientales’ Colombian region
  • Maintain or improve health and safety indicators (TRIR) for employees and contractors in Colombia and Ecuador operations, according to the IOGP indicators

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Climate change impacts on populations, territories, species, and production systems
  • Supply chain disruptions due to roadblocks
  • Managing cybersecurity risks

📋 Report Information

Reporting Period: 2023
Frameworks: SASB (Oil and Gas Sector), GRI (2021, Oil and Gas Sector), IFRS, TCFD, CDP, S&P Global’s CSA, Greenhouse Gas (GHG) Protocol, UN Global Compact, World Economic Forum’s recommendations, IPIECA, UN Guiding Principles on Security and Human Rights, SDGs
Assurance: Internal committee review; Ernst & Young LLP provided limited assurance on financial data