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Amplify Energy Corp.
Amplify Energy Corp., a prominent player in the energy sector, is headquartered in the United States, with significant operations across key regions including California and Texas. Founded in 2019, the company has quickly established itself in the oil and gas industry, focusing on the acquisition and operation of mature oil and natural gas assets. Specialising in the production of hydrocarbons, Amplify Energy is recognised for its commitment to sustainable practices and operational efficiency. The company’s unique approach to asset management and its emphasis on innovative technologies have positioned it as a competitive force in the market. With a strong portfolio of core services, including exploration, production, and environmental stewardship, Amplify Energy Corp. continues to achieve notable milestones, reinforcing its reputation as a reliable energy provider.
DitchCarbon Score
How does Amplify Energy Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Amplify Energy Corp.'s score of 2 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Amplify Energy Corp.'s reported carbon emissions
In 2023, Amplify Energy Corp., headquartered in the US, reported significant carbon emissions, with Scope 1 emissions totalling approximately 150,497,000 kg CO2e. This figure includes about 39,998,000 kg CO2e attributed to fugitive emissions. The company has not disclosed any Scope 2 or Scope 3 emissions data for this year. Comparatively, in 2022, Amplify Energy's Scope 1 emissions were approximately 211,652,000 kg CO2e, indicating a reduction of about 61,155,000 kg CO2e year-on-year. This trend suggests a commitment to decreasing their carbon footprint, although no specific reduction targets or initiatives have been outlined in their current climate commitments. The company has not set any Science-Based Targets Initiative (SBTi) reduction targets or documented any formal climate pledges. As such, their climate strategy appears to be in the early stages, focusing primarily on reporting emissions without established reduction goals. Overall, while Amplify Energy Corp. has made strides in reducing its emissions from 2022 to 2023, the absence of formal reduction targets highlights an area for potential growth in their climate commitments.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Amplify Energy Corp. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
