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 higher than 88% 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 significant carbon emissions, totalling 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 for both scopes. This marked a reduction from 2018, where emissions were approximately 7,580,000,000 kg CO2e for Scope 1 and about 800,000,000 kg CO2e for Scope 2, totalling around 8,380,000,000 kg CO2e. Apache has set ambitious near-term climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2025. The company is reportedly on track to meet these targets, which reflects a proactive approach to reducing its carbon footprint in the oil and gas sector. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. However, its focus on reducing direct emissions demonstrates a commitment to addressing climate change and enhancing sustainability practices within its operations.
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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.
