- Challenging economic outlook in Colombia and globally
- High interest rates and financing costs
- Geopolitical tensions and economic events impacting global and regional economies
- Contractionary phase of the Colombian economy
- Uncertainty surrounding structural reforms in Colombia
- Slowdown in foreign investment in Colombia
- Low adoption of electric and CNG vehicles in Colombia
- Decrease in oil production and FDI in the oil sector in Colombia
- Decline in demand for oxygenated gasoline
- Supply chain disruptions and fuel shortages
Organización Terpel S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Organización Terpel S.A. disclosed greenhouse gas emissions of 106.5K tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 578.8 tCO2e/year; Scope 2: 8.0K tCO2e/year; Scope 3: 97.9K tCO2e/year. 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
106.5K tCO2e/year (Scope 1 2 and 3)
2023
Renewable Energy
3%
of total energy
Water Usage
462.4 Ml/year
2023
Waste
12.4K tons/year
2023
Energy Use
8.4K GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 578.8 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 97.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 106.5K tCO2e/year (Scope 1 2 and 3) |
| 2022 | 154.5K tCO2e/year |
| 2021 | 174.3K t CO2e (2021) |
| 2020 | 51.4K tCO2e/year |
| 2019 | 65.3K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Finalized deals to self-generate more than 10 MWp in solar photovoltaic power (Flux Terpel)
- Began operations at three new CNG refueling stations for heavy-duty vehicles
- Developed 11 self-generation projects, generating 3% of the energy consumed by Terpel
- Increased storage capacity by 116,000 barrels (Villa del Rosario and Mansilla plants) and over 8,600 barrels (Leticia)
- Sold 229,161 beverages in refill cups, reducing paper cup usage
- Recovered approximately 1,250 kilos of food waste, donating COP$20 million
- Recycled 3,243 kilograms of excess cardboard
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption
- Reduce plastic use in Altoque stores (95% by 2025, 100% by 2030)
- Reduce food loss in Altoque stores (below 1.5% of net sales)
📅 Medium-term
- Reduce GHG emissions by 50% by 2030
- Achieve 50% renewable energy by 2030
- Achieve 90% recycled content in Altoque Agua Madre bottles by 2030
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate change and energy transitionDiversity, equity, and human talentEthic governanceOperational eco-efficiencyResponsible supply chain managementCommunity relations and developmentPortfolio and quality operationsWater resource managementBiodiversity and ecosystem protection