Approach Resources, Inc. Sustainability Profile
Approach Resources, Inc., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in the Permian Basin and other key regions. Founded in 2002, the company has established itself as a leader in the exploration and production of oil and natural gas, focusing on innovative techniques and sustainable practices. Specialising in the development of unconventional resources, Approach Resources offers unique solutions that enhance efficiency and reduce environmental impact. The company is recognised for its commitment to operational excellence and has achieved notable milestones in resource recovery and production optimisation. With a strong market position, Approach Resources continues to drive advancements in the energy sector, making it a vital contributor to the industry's evolution.
DitchCarbon Score
How does Approach Resources, Inc.'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
Approach Resources, Inc.'s score of 3 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Approach Resources, Inc.'s reported carbon emissions
Approach Resources, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Approach Resources, Inc. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the industry increasingly prioritises sustainability, the absence of emissions reporting and reduction strategies may impact the company's competitive positioning in the energy sector.
How Carbon Intensive is Approach Resources, Inc.'s Industry?
How Carbon Intensive is Approach Resources, Inc.'s Location?
Approach Resources, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Approach Resources, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
