APA Corporation Releases 2025 Sustainability Publications

Rhea-AI Summary

APA Corporation (Nasdaq: APA) has released its 2025 sustainability publications, showcasing the company's environmental, social, and governance progress throughout 2024. The company has streamlined its reporting into two documents: "Our Approach to Sustainability" and the "2025 Sustainability Progress Report".

Key achievements include exceeding its emissions reduction goal by eliminating 1.24 million tonnes of annualized CO2e emissions through over 50 global projects between 2021 and 2024. The company reported that 97% of its global water usage came from produced water and brackish, nonfresh water sources. APA also achieved its lowest-ever global Total Recordable Incident Rate (TRIR) of 0.16 and allocated 44% of its operating area budgets to local suppliers and contractors.

Positive

• Exceeded emissions reduction goal by eliminating 1.24 million tonnes of CO2e emissions
• Achieved lowest global Total Recordable Incident Rate (TRIR) in company history at 0.16
• 97% of global water usage came from produced/brackish water, minimizing freshwater consumption
• 44% of operating area budgets spent with local suppliers and contractors

Negative

• None.

HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today released its sustainability publications highlighting progress in environmental stewardship, social responsibility and corporate governance throughout 2024. This year, APA simplified its reporting into two complementary documents. Our Approach to Sustainability details the ongoing sustainability programs and initiatives. The 2025 Sustainability Progress Report contains progress on 2024 goals, yearly highlights, key performance data and new goals for 2025. To explore the publications, visit https://apacorp.com/sustainability.

"Our sustainability progress is tangible,” said APA CEO John J. Christmann IV. “APA has taken meaningful steps to reduce greenhouse gas emissions, minimize freshwater usage, and protect sensitive ecosystems. We remain committed to a strong safety culture and responsible operations. We are proud to share our 2024 highlights in the pages of our progress report."

Highlights from the 2025 Sustainability Progress Report include:

• Air – As industry partners, APA focuses on reducing emissions by setting goals, sharing knowledge, and delivering commitments. The company exceeded its goal to eliminate at least 1 million tonnes of annualized carbon dioxide equivalent (CO₂e) emissions between 2021 and 2024, completing over 50 global projects that eliminated 1.24 million tonnes of annualized CO₂e emissions.
• Water – APA aims to minimize freshwater use by recycling produced water, sourcing alternatives, and reducing overall water requirements for its operations. Ninety-seven percent of the global water use was produced water and brackish, nonfresh water.
• People – As an organization, APA is committed to the health and safety of its employees, contractors and people in the communities where it operates. APA achieved or exceeded all corporate safety targets in 2024, including its lowest global Total Recordable Incident Rate (TRIR) in company history at 0.16.
• Community – In efforts to continue building a sustainable future, APA continues its work across three focus areas of community well-being, energy poverty and conservation. In 2024, APA spent 44% of its operating area’s budgets with local suppliers and contractors.

About APA

APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.

Contacts

Investor: (281) 302-2286
Media: (713) 296-7276
Website: www.apacorp.com

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FAQ

What were APA Corporation's main sustainability achievements in 2024?

APA's key achievements included eliminating 1.24 million tonnes of CO2e emissions, achieving its lowest-ever TRIR of 0.16, using 97% produced/brackish water, and spending 44% of operating budgets with local suppliers.

How did APA Corporation (APA) perform on its emissions reduction goals?

APA exceeded its emissions reduction goal by eliminating 1.24 million tonnes of annualized CO2e emissions between 2021 and 2024 through over 50 global projects.

What is APA Corporation's approach to water management in its operations?

APA minimizes freshwater use by recycling produced water and using alternatives, with 97% of its global water usage coming from produced water and brackish, nonfresh water sources.

What was APA's safety performance in 2024?

APA achieved or exceeded all corporate safety targets in 2024, recording its lowest-ever global Total Recordable Incident Rate (TRIR) of 0.16.

How does APA Corporation support local communities in its operating areas?

APA supports local communities by allocating 44% of its operating area budgets to local suppliers and contractors, focusing on community well-being, energy poverty, and conservation.