APA Corporation Publishes 2024 Sustainability Report
APA has released its 2024 Sustainability Report, highlighting significant progress in Environmental, Social, and Governance (ESG) goals for 2023. The company achieved key milestones across its focus areas:
AIR: Exceeded methane reduction targets by converting over 2,800 pneumatic devices, published GHG emissions intensity targets linked to employee compensation, and joined the UN Oil and Gas Methane Partnership 2.0.
WATER: Surpassed the goal of recycling 50% of water used for U.S. onshore completions, achieving 61% and nearly doubling the percentage from 2022.
COMMUNITIES+PEOPLE: Recorded lowest-ever Total Recordable Incident Rate and Severe Incident Rate, introduced an employee recognition program, expanded the Tree Grant Program internationally, and initiated a medical care plan in Egypt.
APA ha pubblicato il suo Rapporto sulla Sostenibilità 2024, evidenziando progressi significativi negli obiettivi Ambientali, Sociali e di Governance (ESG) per il 2023. L'azienda ha raggiunto traguardi chiave nelle sue aree di focus:
ARIA: Ha superato gli obiettivi di riduzione del metano convertendo oltre 2.800 dispositivi pneumatici, ha pubblicato obiettivi di intensità delle emissioni di gas serra collegati alla retribuzione dei dipendenti e si è unita al UN Oil and Gas Methane Partnership 2.0.
ACQUA: Ha superato l'obiettivo di riciclare il 50% dell'acqua utilizzata per le completazioni onshore negli Stati Uniti, raggiungendo il 61% e quasi raddoppiando la percentuale rispetto al 2022.
COMUNITÀ+PERSONE: Ha registrato il tasso di incidenti registrabili totale più basso di sempre e il tasso di incidenti gravi, ha introdotto un programma di riconoscimento per i dipendenti, ha ampliato il Programma di finanziamento degli alberi a livello internazionale e ha avviato un piano di assistenza medica in Egitto.
APA ha publicado su Informe de Sostenibilidad 2024, destacando avances significativos en los objetivos de Medio Ambiente, Social y Gobernanza (ESG) para 2023. La empresa alcanzó hitos clave en sus áreas de enfoque:
AIRE: Superó los objetivos de reducción de metano convirtiendo más de 2,800 dispositivos neumáticos, publicó objetivos de intensidad de emisiones de GEI ligados a la compensación de los empleados y se unió a la Alianza de Metano de Petróleo y Gas de la ONU 2.0.
AGUA: Sobrepasó la meta de reciclar el 50% del agua utilizada para las terminaciones en tierra en EE. UU., alcanzando el 61% y casi duplicando el porcentaje de 2022.
COMUNIDADES+PERSONAS: Registró la tasa más baja de incidentes registrables totales y de incidentes graves, introdujo un programa de reconocimiento para empleados, amplió el Programa de Subvenciones para Árboles a nivel internacional y lanzó un plan de atención médica en Egipto.
APA는 2024 지속 가능성 보고서를 발표하며 2023년 환경, 사회 및 거버넌스(ESG) 목표에서 주요한 진전을 강조했습니다. 이 회사는 다음과 같은 초점 분야에서 주요 이정표를 달성했습니다:
공기: 2,800개 이상의 공압 장치를 전환하여 메탄 감소 목표를 초과 달성하고, 직원 보상과 연계된 온실가스(GHG) 배출 강도 목표를 발표하며, UN 석유 및 가스 메탄 파트너십 2.0에 가입했습니다.
물: 미국 육상 완공에 사용되는 물의 50%를 재활용하는 목표를 초과 달성하여 61%에 도달하며, 2022년 대비 비율을 거의 두 배로 늘렸습니다.
지역사회+사람들: 역대 최저의 총 기록 가능한 사고율과 심각한 사고율을 기록했으며, 직원 인정 프로그램을 도입하고, 국제적으로 나무 기부 프로그램을 확장하며, 이집트에서 의료 관리 계획을 시작했습니다.
APA a publié son Rapport de Durabilité 2024, mettant en avant des progrès significatifs dans les objectifs Environnementaux, Sociaux et de Gouvernance (ESG) pour 2023. L'entreprise a atteint des jalons clés dans ses domaines de concentration :
AIR: A dépassé les objectifs de réduction de méthane en convertissant plus de 2 800 dispositifs pneumatiques, a publié des objectifs d'intensité des émissions de GES liés à la compensation des employés et a rejoint le Partenariat des Nations Unies pour le Méthane dans le Pétrole et le Gaz 2.0.
EAU: A dépassé l'objectif de recycler 50% de l'eau utilisée pour les achevements terrestres aux États-Unis, atteignant 61% et presque doublant le pourcentage par rapport à 2022.
COMMUNAUTÉS+PERSONNES: A enregistré le taux d'incidents enregistrables total le plus bas jamais enregistré et le taux d'incidents graves, a introduit un programme de reconnaissance des employés, a élargi le Programme de Subvention d'Arbre au niveau international et a lancé un plan de soins médicaux en Égypte.
APA hat ihren Nachhaltigkeitsbericht 2024 veröffentlicht und signifikante Fortschritte bei den Umwelt-, Sozial- und Governance-Zielen (ESG) für 2023 hervorgehoben. Das Unternehmen hat in seinen Fokusbereichen wichtige Meilensteine erreicht:
LUFT: Die Methanreduktionsziele wurden übertroffen, indem über 2.800 pneumatische Geräte umgerüstet wurden, es wurden Zielvorgaben zur Intensität der Treibhausgasemissionen veröffentlicht, die mit der Vergütung der Mitarbeiter verknüpft sind, und es trat der UN Oil and Gas Methane Partnership 2.0 bei.
WASSER: Das Ziel, 50% des für die US-amerikanischen Onshore-Abschlüsse verwendeten Wassers zu recyceln, wurde mit 61% übertroffen, was nahezu eine Verdopplung des Anteils im Jahr 2022 bedeutet.
GEMEINDEN+LEUTE: Die niedrigste jemals verzeichnete Total Recordable Incident Rate und Severe Incident Rate wurde aufgezeichnet, ein Programm zur Mitarbeiteranerkennung eingeführt, das Tree Grant Program international ausgeweitet und ein medizinischer Versorgungsplan in Ägypten initiiert.
- None.
- None.
HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2024 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social and Governance (ESG) goals in 2023 and progression of the company’s sustainability initiatives and emissions reduction efforts. The full report is available on APA’s website.
“Throughout the past year, APA has demonstrated consistent progress and excellent performance across our sustainability focus areas while responsibly producing oil and natural gas,” said John J. Christmann IV, APA CEO. “Energy remains the bedrock of human progress, and our talented, global workforce is unwavering in its commitment to making APA a safety-first, responsible oil and natural gas company. This solid foundation has strategically positioned our company to execute on our sustainability strategy, delivering impactful results in the near term.”
Progress across our key pillars in 2023:
AIR – APA achieved its methane reduction goal by converting more than 2,800 pneumatic devices to instrument air or by valve retrofit across U.S. onshore operations, significantly exceeding the target of 2,000 devices by the end of the year. Additionally, the company published greenhouse gas (GHG) emissions intensity targets, which are directly tied to the long-term compensation for all employees. The company also joined the United Nations Oil and Gas Methane Partnership 2.0, a group focused on methane emissions reduction and improving the accuracy and transparency of emissions reporting.
WATER – The company achieved a compensation-linked goal of recycling at least
COMMUNITIES+PEOPLE – APA’s commitment to people begins with the health and safety of its employees and contractors — the foundation that drives the organization’s success. The company finished 2023 with the lowest Total Recordable Incident Rate (TRIR) and Severe Incident Rate (SIR) ever recorded. The company also introduced Well Deserved, a new employee recognition program allowing team members to recognize their colleagues for effort, impact or initiatives surpassing expectations. As part of our focus on giving where we live and work, the company expanded its award-winning Apache Corporation Tree Grant Program internationally, donating thousands of trees to nonprofit organizations in Scotland. Since 2005, the company has donated more than 5 million trees to over 1,000 nonprofits and government agencies. In Egypt, APA initiated a plan to provide medical care to more than 28,000 patients living in the Egyptian governorate of Matrouh through our partnership with the Ibrahim Badran Foundation.
About APA
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “continues,” “could,” “estimates,” “expects,” “goals,” “guidance,” “may,” “might,” “outlook,” “possibly,” “potential,” “projects,” “prospects,” “should,” “will,” “would,” and similar references to future periods, but the absence of these words does not mean that a statement is not forward-looking. These statements include, but are not limited to, statements about future plans, expectations, and objectives for operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See “Risk Factors” in APA’s Form 10-K for the year ended December 31, 2023, and in our quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. Any forward-looking statement made in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. APA and its subsidiaries undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.
Contacts
Investor: | (281) 302-2286 | Gary Clark |
Media: | (713) 296-7276 | Alexandra Franceschi |
Website: | www.apacorp.com | |
APA-G
![](https://ml.globenewswire.com/media/ODdjZDZhMTYtOWJiOS00Mzk3LWI0ZDctYTkwYjg5MTY5MzQ0LTEyMjA0MDE=/tiny/APA-Corporation.png)
FAQ
What were APA's key sustainability achievements in 2023?
How many pneumatic devices did APA convert in its U.S. onshore operations in 2023?
What percentage of water did APA recycle for U.S. onshore completions in 2023?
How many trees has APA donated through its Tree Grant Program since 2005?