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Ecopetrol’s ESG Transformation
Leveraging Mero for Comprehensive Reporting Across 17 Subsidiaries
Home – Case Studies – Leveraging Mero for Comprehensive Reporting
Leveraging Mero for Comprehensive Reporting Across 17 Subsidiaries
Consolidating extensive information to produce an integrated report that meets all standards across 17 subsidiaries was operationally intensive and time-consuming.
Now, with a corporate group-wide perspective, Ecopetrol can analyze and compare information comprehensively across all subsidiaries.
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.
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.
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.
Find out how Mero can transform your business
Explore how Mero can empower your organisation’s ESG data management and help meet compliance needs seamlessly. Book a demo to see firsthand how Mero can support your journey to effective ESG data management.
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