Press release
APA Corporation Publishes 2022 Sustainability Report
HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2022 Sustainability Report, highlighting the achievement of
About this update from Apa Corporation
[{"type":"text","content":"HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2022 Sustainability Report, highlighting the achievement of numerous Environment, Social and Governance (ESG) goals throughout 2021 while tracking progress made on ESG commitments for 2022. The report is available here, along with a summary fact sheet detailing report highlights. “Oil and natural gas will be essential to global energy supply for decades to come, and we have concentrated our efforts on sustainably providing these resources in an innovative, responsible manner,” said John J. Christmann IV, APA CEO and president. “Protecting air quality, conserving fresh water, supporting a thriving workforce and building sustainable communities are key elements of our ESG goals, all of which are tied to long- and short-term incentive compensation for all employees.” The quality and breadth of data provided in the report stems from the company’s work to continuously enhance disclosures and measurements of ESG progress. This year, APA updated the Task Force on Climate-related Financial Disclosures (TCFD) analysis using the International Energy Agency’s World Energy Outlook, provided detailed disclosure of 2021 air and water data at the country level, increased board diversity in ethnicity and global leadership experience, and reduced recordable injury counts by 76% compared to our 10-year average. Report highlights include: AIR – In October 2021, we achieved our goal to end routine flaring across U.S. onshore operations three months ahead of schedule. Additionally, APA piloted a real-time greenhouse gas emissions monitoring program at our Permian Basin facilities last year, bringing more innovative measuring processes to the field. WATER – The conservation of fresh water and reducing water usage across operations is essential to APA’s work. In 2021, 97% of the water used in the company’s U.S. hydraulic fracturing operations was nonfresh or recycled produced water. PEOPLE – At APA, we aim to foster a more inclusive workforce that reflects the diversity of the communities in which we operate. Last year, 34% of U.S. employees self-identified as ethnic minorities, up from 25% in 2017. COMMUNITIES – Building sustainable communities is one of three pillars that comprise APA’s approach to giving. Since 2004, approximately 15,000 girls in Egypt have...