The American Petroleum Institute (API), headquartered in the United States, is a leading trade association representing the oil and natural gas industry. Founded in 1919, API has played a pivotal role in establishing industry standards and advocating for policies that promote energy development and environmental stewardship. With a strong presence across North America, API focuses on various sectors, including exploration, production, refining, and distribution. API's core offerings include comprehensive industry standards, certification programmes, and advocacy initiatives that set it apart in the energy sector. The organisation is recognised for its influential role in shaping energy policy and promoting safety and sustainability within the industry. As a trusted voice for its members, API continues to drive innovation and excellence, solidifying its position as a key player in the global energy landscape.
How does API'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.
Mean score of companies in the Business Services 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.
API's score of 36 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, API reported total carbon emissions of approximately 21,400,000,000 kg CO2e for Scope 1, about 464,296,000 kg CO2e for Scope 2, and around 53,300,000,000 kg CO2e for Scope 3 emissions. This indicates a slight decrease in Scope 1 emissions from 22,300,000,000 kg CO2e in 2022 and a reduction from 17,700,000,000 kg CO2e in 2021. Scope 2 emissions also saw a decrease from 1,030,000,000 kg CO2e in 2021 to 435,933,000 kg CO2e in 2022, and then to 464,296,000 kg CO2e in 2023. Scope 3 emissions, which include the use of sold products, were reported at approximately 46,500,000,000 kg CO2e in 2022 and increased to about 53,300,000,000 kg CO2e in 2023. Notably, the use of sold products accounted for a significant portion of these emissions, with figures reaching approximately 1,408,000,000,000 kg CO2e in 2021. Despite these emissions figures, API has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction initiatives suggests a need for enhanced climate strategies within the organisation to address its substantial carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 17,700,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,030,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 197,600,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
API is not committed to any reduction initiatives 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.