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 5 is lower than 60% 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. reported total Scope 1 emissions of approximately 150,497,000 kg CO2e. This figure represents a significant decrease from 2022, when the company recorded about 211,652,000 kg CO2e in Scope 1 emissions. The trend continues from previous years, with emissions of approximately 233,792,000 kg CO2e in 2021 and about 264,952,000 kg CO2e in 2020. The company's emissions profile primarily includes process emissions, which accounted for about 172,000 kg CO2e in 2023, and fugitive emissions, which were approximately 39,998,000 kg CO2e. Notably, Amplify Energy has not disclosed any Scope 2 or Scope 3 emissions data, indicating a focus solely on its direct operational emissions. Despite the reductions in emissions, Amplify Energy has not set any formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is actively reducing its emissions, it has not formalised these efforts within a structured framework. Overall, Amplify Energy Corp. demonstrates a commitment to reducing its carbon footprint, as evidenced by the significant year-on-year reductions in Scope 1 emissions, although further transparency regarding broader climate commitments and targets would enhance its sustainability profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 404,244,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - |
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.
