What happens when established companies with large balance sheets take ownership of the challenges that lie ahead and take real action? Let's discover just that focusing on a beautiful example of this in Ecopetrol. A company with $37 billion in revenue largely from O&G, is putting serious effort into exploring how they can make a difference in the energy transition. According to the Vice President of Low Carbon Solutions, Yeimy Baez, Ecopetrol is aiming to enrich their existing O&G operations by diversifying their operations into many low carbon solutions as well as transmission and distribution.
Scaling up many of the low carbon solutions that will help to decarbonize our world need extensive investment along with support in the form of access to market. Who better than incumbent energy companies to do this? They have balance sheets, established supply chains across the entire value chain of energy, social reputations and beyond. Ecopetrol is leading the way and setting a great example. They were the first energy company to announce roadmap to lower carbon intensity and emissions by 2040. Join in on my conversation with the Vice President of Low Carbon Solutions, Yeimy Baez and learn a little more on what exactly that roadmap entails.
Ecopetrol
https://www.ecopetrol.com.co/wps/portal
Yeimy Baez
https://www.linkedin.com/in/yeimyb%C3%A1ez/
Yeimy's Book Recommendation
Love in the time of cholera by Gabriel Garcia Marquez
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari