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Public Profile
Crude Oil Extraction
US
updated 5 months ago

Approach Resources, Inc.

Company website

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.

3

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.

6

Industry Benchmark

Approach Resources, Inc.'s score of 3 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

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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. In the context of the industry, many companies are increasingly adopting science-based targets and sustainability practices to mitigate climate change impacts. However, without specific emissions data or commitments, it is challenging to assess Approach Resources, Inc.'s position relative to its peers in the sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Approach Resources, Inc.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Approach Resources, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Approach Resources, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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