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The American Petroleum Institute (API), established in 1919, stands as the primary national trade association for the United States' oil and natural gas industry. Headquartered in Washington, D.C., US, API represents all segments of this vital energy sector, from exploration and production to refining and marketing. Its core mission encompasses promoting safety, environmental protection, and economic sustainability within the industry.
As the sector's foremost advocate, API develops and maintains over 800 globally recognised industry standards, alongside conducting comprehensive research and offering certification programmes. These efforts ensure operational excellence and foster technological innovation across the natural gas and oil value chain. API’s unique position stems from its extensive advocacy for sound energy policy and its commitment to delivering reliable energy solutions.
-10 vs industry average
API’s score of 26 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
API's 2022 carbon emissions totalled approximately 29.05 billion kg CO2e. This figure includes Scope 1 emissions of 525.9 million kg CO2e, Scope 2 emissions of 75.07 million kg CO2e, and Scope 3 emissions of 28.45 billion kg CO2e. The largest contributors to Scope 3 emissions were the use of sold products (23.51 billion kg CO2e) and purchased goods and services (4.42 billion kg CO2e). Emissions data for API is sourced directly from the organisation's disclosures.
No climate goals have been disclosed for API yet.
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