HOUSTON, Oct. 24, 2016 /PRNewswire/ -- Apache
Corporation (NYSE, Nasdaq: APA) has released its 2016
Sustainability Report. The report is available at
www.apachecorp.com/Sustainability.
The online report features extensive disclosure of Apache's
performance in governance, economics, environmental stewardship,
health and safety in the workplace, and community outreach.
"Apache's mission is to operate in a way that protects and
enhances the safety and health of our employees, our communities
and the environment," Apache Chief Executive Officer and President
John J. Christmann IV said.
"Even in challenging economic times, we maintain our
commitment to make positive contributions to the communities where
we operate – including hiring locally and using local vendors where
possible."
Among the highlights, the report:
- Describes in the Governance section a new, cutting-edge board
evaluation process.
- Expounds in the Environment section on Apache's efforts to
reduce methane emissions intensity and establishes a
company-specific goal to reduce Apache's intensity to 0.36 percent
by 2025.
- Recaps in the Workplace section a commitment to contractor
engagement and training and details contractor town halls held
across various operating regions to review key health and safety
information, policies and procedures.
- Notes in the Society section Apache's process for engaging
stakeholders and community officials and details the company's
philanthropic and volunteering efforts in local communities.
The 2016 report was prepared using the Global Reporting
Initiative (GRI) G4 Sustainability Reporting Guidelines and
contains standard disclosures from those guidelines. GRI is a
nonprofit organization that promotes economic, environmental and
social sustainability. Its comprehensive sustainability reporting
model is widely used around the world. Also consulted was the Oil
and Gas Industry Guidance on Voluntary Sustainability Reporting
developed by the International Petroleum Industry Environmental
Conservation Association (IPIECA), the American Petroleum Institute
(API) and the International Association of Oil & Gas Producers
(IOGP).
Another reference was Disclosing the Facts 2016: Transparency
and Risk in Hydraulic Fracturing published by As You Sow,
Boston Common Asset Management and the Investor Environmental
Health Network (IEHN). Disclosing the Facts is an annual investor
scorecard ranking the 30 largest oil and gas companies engaged in
hydraulic fracturing.
For the 2016 report, Apache has transitioned from a summary
sustainability report to a comprehensive, searchable report. The
company will no longer duplicate the report content on its
website.
About Apache
Apache Corporation is an oil and gas exploration and production
company with operations in the United
States, Canada,
Egypt and the United Kingdom. Apache posts announcements,
operational updates, investor information and press releases on its
website, www.apachecorp.com, and on its Media and Investor Center
mobile application, which is available for free download from the
Apple App Store and the Google Play Store.
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SOURCE Apache Corporation