Ecopetrol Group Releases Its First Financial Sustainability Report, Incorporating Reference Elements from the International Sustainability Standards Board (ISSB) Framework

Rhea-AI Summary

Ecopetrol (NYSE: EC) published its first 2024 Financial Sustainability Report on Nov 11, 2025, consolidating prior TCFD and SASB disclosures and incorporating reference elements from the ISSB framework.

The unified report is organized around governance, strategy, risk and opportunity management, metrics, and targets, aiming to simplify and standardize sustainability disclosure. The company highlights its scale with more than 19,000 employees, responsibility for over 60% of Colombia's hydrocarbon production, and the 51.4% acquisition of ISA shares, plus international operations in the Permian, Gulf of Mexico, Brazil and other Latin American markets.

Positive

• First Financial Sustainability Report (2024) published Nov 11, 2025
• Report consolidates TCFD and SASB with ISSB reference elements
• Acquisition of 51.4% of ISA expands transmission and concessions exposure

Negative

• None.

News Market Reaction

+2.94%

1 alert

+2.94% News Effect

On the day this news was published, EC gained 2.94%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BOGOTA, Colombia, Nov. 10, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it has published its first 2024 Financial Sustainability Report, in line with its commitment to transparency, sustainable value creation, and a fair and equitable energy transition for the country.

This document marks a milestone in the evolution of sustainability disclosure practices by consolidating the content previously presented separately under the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the metrics of the Sustainability Accounting Standards Board (SASB) into a single report, incorporating reference elements from the International Sustainability Standards Board ("ISSB") framework.

This unified report has been implemented in response to the need to simplify, standardize, and enhance the value of sustainability information disclosed to the market. It is structured around the Ecopetrol's pillars of governance, strategy, risk and opportunity management, metrics, and targets.

The full report is available at the following link:

https://www.ecopetrol.com.co/wps/portal/Home/sostecnibilidad/reportes-estandares/Informesgestionsostenibilidad 

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector.

For more information, please contact:

Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co

Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co

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SOURCE Ecopetrol S.A.

FAQ

What did Ecopetrol (EC) announce on Nov 11, 2025 about sustainability reporting?

Ecopetrol published its 2024 Financial Sustainability Report, consolidating TCFD and SASB content and incorporating ISSB reference elements.

How does the 2024 report change Ecopetrol's disclosure framework (EC)?

The report unifies governance, strategy, risk/opportunity, metrics, and targets into a single ISSB-referenced disclosure.

What operational scale metrics did Ecopetrol (EC) include in the announcement?

The company noted more than 19,000 employees and responsibility for over 60% of Colombia's hydrocarbon production.

How does Ecopetrol's 51.4% stake in ISA affect its business (EC)?

The 51.4% acquisition increases Ecopetrol's participation in energy transmission, real-time systems, and coastal highway concessions.

Where can investors access Ecopetrol's 2024 Financial Sustainability Report (EC)?

The full report is available on Ecopetrol's sustainability reports webpage as provided in the company's announcement.