Ecopetrol’s ESG Transformation

Leveraging Mero for Comprehensive Reporting Across 17 Subsidiaries

Mero empowers us to understand the status of each subsidiary in real-time, enabling more informed decision-making at the corporate group level.

Mónica Tangarife, Head of Corporate Sustainability, Ecopetrol

Situation

Information was gathered by sending memorandums to heads of departments within each subsidiary, with responses expected via email. In some instances, data was collected using Excel sheets. This approach resulted in inconsistent and disparate information in various formats from different departments.

Solution

Challenge:

Consolidating extensive information to produce an integrated report that meets all applicable standards (CDP, DJSI, EITI, Country Code, GRI, Global Compact, SDGs, SASB, TCFD) across 17 subsidiaries was a complex and time-consuming process.

he solution involved configuring distinct Mero instances for each subsidiary to gather all necessary data, customised to each subsidiary’s specific reporting requirements. This data was then consolidated into a unified instance for the holding company.

Impact

The corporate group consolidates information from multiple subsidiaries using Mero, streamlining stakeholder management. The process involves gathering data from DJSI, CDP Water, and CDP Climate. With a corporate group perspective, Ecopetrol can now analyze and compare information comprehensively across all subsidiaries.

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Mero Locations dashboard
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