Apache Corporation
Apache Corporation, a prominent player in the energy sector, is headquartered in the United States, with significant operations in regions such as the Permian Basin and the North Sea. Founded in 1954, Apache has established itself as a leader in the exploration and production of oil and natural gas, consistently innovating to enhance its operational efficiency. The company is renowned for its commitment to sustainable practices and advanced technologies, which set its core services apart in a competitive market. Apache's strategic focus on high-quality assets and its robust portfolio of exploration projects have solidified its position as a key contributor to the global energy landscape. With a history marked by significant milestones, Apache Corporation continues to drive progress in the industry while prioritising environmental stewardship.
DitchCarbon Score
How does Apache Corporation'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
Apache Corporation's score of 11 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Apache Corporation's reported carbon emissions
In 2019, Apache Corporation reported total carbon emissions of approximately 6,550,000,000 kg CO2e for Scope 1 and about 690,000,000 kg CO2e for Scope 2, resulting in a combined total of around 7,240,000,000 kg CO2e. This data reflects a decrease from 2018, where emissions were approximately 7,580,000,000 kg CO2e for Scope 1 and 800,000,000 kg CO2e for Scope 2, totalling about 8,380,000,000 kg CO2e. The trend indicates a commitment to reducing emissions over the years, with 2017 emissions at approximately 7,800,000,000 kg CO2e and 2016 at about 8,550,000,000 kg CO2e. Apache Corporation has set ambitious near-term climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2025. These targets were established in 2023, demonstrating the company's proactive approach to climate action. The initiatives are part of a broader strategy to align with industry standards and contribute to global climate goals. As a current subsidiary of Apache Corporation, the emissions data and climate commitments are cascaded from the parent organisation, ensuring consistency in reporting and accountability. Apache's efforts reflect a growing trend within the energy sector to address climate change and reduce greenhouse gas emissions effectively.
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| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 6,850,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,270,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| 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.
Apache Corporation 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.
