APA Corporation.
APA.US | Extraction of crude petroleum
APA Corporation is an independent energy company that explores for, develops, and produces crude oil and natural gas. The company's operations are primarily in the United States, with a significant presence in the Permian Basin, and also include international assets. APA focuses on upstream activiti...Show More
Better Health for All
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APA Corporation's principal goods and services, crude oil and natural gas, are associated with severe, widespread health damage due to pollution, including air pollution that exacerbates respiratory illnesses. All of the company's revenue is derived from these activities, which have well-established negative health outcomes. The company has incurred significant health-harming externalities, evidenced by over $26 million in environment-related penalties since 2000
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, including a $4 million civil penalty for Clean Air Act violations in 2024
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and $9.5 million for air pollution violations in 2024
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. However, APA has undertaken substantial remediation efforts, including over $5.5 million in compliance measures to reduce annual VOCs by over 9,650 tons
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and greenhouse gas emissions by over 25,000 tons
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. In 2023, the company converted over 2,800 pneumatic devices
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, reducing methane emissions by an estimated 1,000 tonnes annually (25,000 tonnes CO2e)
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, achieved 61% water recycling for U.S. onshore completions
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, and reduced flaring emissions by 25% since 2019, totaling 527,439 tonnes of CO2 equivalent
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.
Fair Money & Economic Opportunity
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APA Corporation is an independent energy company, not a financial institution that offers lending or deposit services to consumers. Consequently, all KPIs related to consumer financial products, pricing, fees, data, lending compliance, debt burden, and financial literacy are not applicable and score 0. While APA supports economic opportunity through initiatives like allocating 44% of its 2024 operating area budgets to local suppliers and contractors, and partnering with the Clean Cooking Alliance to support early-stage entrepreneurs, these activities do not align with the specific definitions of the financial services-focused KPIs, such as 'share of loan/insurance book' or 'customer credit outcomes'.
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Fair Pay & Worker Respect
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APA Corporation reported a Total Recordable Incident Rate (TRIR) of 0.22 in 2023, which was the lowest ever recorded for the company
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and 27% below its target of 0.30.
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The Severe Incident Rate (SIR) for 2023 was 0.005, 82% below its target of 0.028.
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For the 2024 fiscal year, the CEO pay ratio was 55:1,
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with the CEO's total compensation at $11,440,709
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and the median employee pay at $208,313.
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Fair Trade & Ethical Sourcing
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APA Corporation directed 6.9% of its 2023 Tier 1 U.S. vendor spend to diverse suppliers, defined as businesses at least 51% owned and operated by individuals from traditionally underrepresented groups.
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The company collaborates with third-party organizations for supplier certification, including the National Minority Supplier Development Council (NMSDC) and the Women's Business Enterprise National Council (WBENC), and received the 2023 Diversity Champion Trailblazer Award for its Supplier Diversity team.
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APA requires prospective suppliers to adhere to its Supplier Code of Conduct, which covers human rights, health and safety, labor practices, business integrity, and ethical practices, aligning with international standards from the International Labor Organization and the UN Universal Declaration of Human Rights.
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Since 2013, APA has upheld Human Rights Principles consistent with UN guidelines, and its Code of Business Conduct and Ethics explicitly prohibits forced and child labor, with annual employee training on these standards.
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Honest & Fair Business
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APA Corporation received a total score of 8.7/100 in the World Benchmarking Alliance's assessment, indicating opaque reporting and significant gaps in disclosure.
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The company has a formal and comprehensive whistleblower protection policy that includes options for anonymous reporting, protection from retaliation, and disciplinary action for retaliation, with employees encouraged to report violations through supervisors, compliance team, HR, hotline, or management.
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Additionally, APA Corporation maintains a comprehensive anti-corruption policy that prohibits bribery and kickbacks, references FCPA compliance, and includes procedures for employee education, annual certifications, third-party due diligence, continuous monitoring, recordkeeping, and internal accounting controls in compliance with SEC regulations.
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No specific data was provided for regulatory fines, financial restatements, audit coverage, ESG controversy index, complaint resolution time, board conflict-free percentage, or third-party verification.
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Kind to Animals
0
APA Corporation's core business as an oil and gas company means that most animal welfare-related KPIs, such as those concerning cruelty-free certifications, animal testing, ethical ingredient sourcing, or animal agriculture, are not applicable to its operations. For these KPIs, the company scores N/A (0). While the company has conservation initiatives, including collaborations for habitat restoration and species preservation
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, and a tree grant program
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, the provided articles do not offer measurable biodiversity impact or species recovery metrics, leading to the omission of the 'wildlife_conservation_impact' KPI. Similarly, there is no evidence of the company's active engagement in animal welfare policy improvement or advocacy for higher standards, resulting in the omission of the 'public_policy_engagement' KPI.
No War, No Weapons
0
APA Corporation does not manufacture arms, engage in military contracts, or partake in activities directly contributing to militarization
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, indicating 0% revenue from arms/defense and a clear corporate ban.
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As an energy company, it has no defense business to oversee, no defense assets to divest, no dual-use products, no military AI systems, and no surveillance or intelligence activities.
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Consequently, the company is not subject to the Arms Trade Treaty and has no exposure to any weapons, controversial or otherwise, nor does it require ethical red lines for weapons.
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Planet-Friendly Business
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APA Corporation reported 2023 global Scope 1 and 2 GHG emissions totaling 6.183 million tCO₂e, but did not report Scope 3 emissions.
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The company has set a global Scope 1 GHG intensity reduction target of 10–15% by 2030, with a 5% reduction goal by 2025, and aims to eliminate 1 million tonnes of annualized CO2 emissions by 2024; however, these targets are not stated as SBTi-validated.
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In 2023, the company's global water consumption was 1,351 m³ per $1 million of revenue.
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Between 2000 and 2024, APA Corporation accumulated 56 environmental penalty records, including a $4 million civil penalty for Clean Air Act violations settled with the EPA and NMED.
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,
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The company converted over 2,800 pneumatic devices, exceeding its target of 2,000, and recycled 61% of water used for U.S. onshore completions in 2023, doubling the percentage from 2022.
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,
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Respect for Cultures & Communities
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Indigenous communities were not properly consulted or allowed to consent to the Low Carbon Development Strategy scheme, with FPIC not respected or required in Guyana's laws, and communities not part of negotiations to determine benefits.
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Indigenous Peoples also have no seat at the decision-making table
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and received village planning documents only after the initial sale of carbon credits.
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Furthermore, sacred lands are being stripped.
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In 2024, 44% of operating area budgets were spent with local suppliers and contractors.
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Safe & Smart Tech
0
APA Corporation's privacy policy outlines user rights to access, update, and request deletion of their data
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, which represents industry-standard user privacy controls. The policy also states that data is retained only as needed
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and that the company collects only necessary data
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, reflecting standard data collection and retention practices. Furthermore, the company's policy expresses an intent to comply with applicable privacy laws in the jurisdictions where it operates
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, indicating a basic approach to regulatory compliance.
Zero Waste & Sustainable Products
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APA Corporation achieved a 75% reduction in single-use plastic water bottles through a partnership.
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The company implements several waste reduction initiatives, including an AIM for ZERO WASTE recycling program, an Energy from Waste facility in the U.K., and an electronic waste recycling month.
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Hazardous waste is carefully managed and tracked according to regulations during decommissioning.
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The company states it meets or exceeds applicable disposal requirements in all operating areas.
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While an 'AIM for ZERO WASTE' recycling program is in place, specific quantitative waste reduction targets with timelines are not provided.
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The Supplier Code of Conduct includes ESG expectations, but specific waste reduction and recyclability requirements for suppliers are not detailed.
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