APA Corporation Publishes 2023 Sustainability Report
11 Julho 2023 - 12:25PM
APA Corporation (Nasdaq: APA) today published its 2023
Sustainability Report. Highlights from the report include the
achievement of key Environmental, Social and Governance (ESG) goals
in 2022 and progression of the company’s ESG initiatives and
long-term emissions reduction efforts. The full report is available
on APA’s website.
“We believe that human progress begins with the fundamental and
profound positive impact that energy has on our everyday life,”
said John J. Christmann IV, APA CEO and president. “We continue to
build on our track record of sustainably exploring for and
producing oil and natural gas by reducing our emissions, conserving
fresh water, strengthening community well-being, and creating a
workplace where employees can thrive.”
Report highlights include:
- AIR – In 2022, APA announced an inaugural long-term,
compensation-linked goal to implement projects capable of
eliminating at least 1 million tonnes of annualized carbon dioxide
equivalent (CO2e) emissions by year-end 2024. In support of this
commitment, we achieved our 2022 ESG goal to reduce upstream
routine flaring across Egypt operations by 40%.
- WATER – Over the last five years, only 5% of water consumed
throughout company operations was fresh water. For this
accomplishment and other conservation efforts, APA was awarded the
Industrial Reuse Champions Award in 2022 from the WateReuse
Symposium, an independent organization not affiliated with the oil
and gas industry.
- COMMUNITIES – APA’s community partnership programs are focused
on three key pillars, one of which is environmental stewardship.
Last year, the company reached a significant milestone with the
donation of its 5 millionth tree through the Apache Corporation
Tree Grant Program.
- PEOPLE – APA is deeply committed to the safety of company
operations and the well-being of employees and contractors. In
2022, APA achieved the company’s lowest total recordable incident
rate in nearly two decades and achieved all corporate leading and
lagging safety targets.
- GOVERNANCE – The company believes that robust and contemporary
governance practices are vital to the success of our business and
begin with the company’s leadership. Annual training on the
company’s Code of Business Conduct and Ethics was completed by 100%
of Board members and employees in 2022.
About APA
APA Corporation owns consolidated subsidiaries that explore for
and produce oil and gas in the United States, Egypt and the United
Kingdom and that explore for oil and gas offshore Suriname and the
Dominican Republic. APA posts announcements, operational updates,
investor information and press releases on its website,
www.apacorp.com. Specific information concerning Suriname, ESG
performance and other investor-related topics are posted at
investor.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, 2022, 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 |
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