Sustainability

Environment

Environmental stewardship is critical to sustaining life, human progress and our success as an oil and gas company.

At APA, collaborative and interdisciplinary teams come together to evaluate better uses of technology, conduct research, execute emissions reduction projects and expand our water conservation efforts.

To ensure that environmental initiatives remain a priority across our organization, the board and the environmental, social and governance (ESG) management committee take an active role in overseeing our ESG strategy and driving performance with rigorous goals and by linking executive and employee compensation to their achievement. Our strong foundation of disclosure, accountability and oversight underpins the substantial progress we are making toward our ESG goals in each operating area. Our goals are intentionally challenging and focused on near-term actions so we can drive timely and impactful results.

Short-term targets

  • NEW FOR 2024: Deliver projects that will reduce diesel consumption for power generation in Egypt by 10% by year-end 2024.

Near-term targets

  • NEW FOR 2024: By 2026, reduce APA’s global methane intensity by 50% compared to the 2021 baseline year.
  • Implement projects that eliminate at least 1 million tonnes of annualized carbon dioxide equivalent emissions by year-end 2024.
  • Reduce our global Scope 1 GHG intensity by 10%–15% by 2030, with a near-term compensation-linked milestone to reduce at least 5% by year-end 2025.
  • Accelerate the surface reclamation of more than 150 plugged and abandoned sites in U.S. onshore operations by year-end 2025.

Preserving Water Resources

Minimizing Emissions

Protecting Habitats

Addressing Climate Change