APA Corporation Publishes 2024 Sustainability Report

Core Insights - APA Corporation published its 2024 Sustainability Report, highlighting significant achievements in Environmental, Social, and Governance (ESG) goals for 2023 and advancements in sustainability initiatives and emissions reduction efforts [1] Group 1: Environmental Initiatives - APA successfully achieved its methane reduction goal by converting over 2,800 pneumatic devices to instrument air or valve retrofit, surpassing the target of 2,000 devices [2] - The company set greenhouse gas (GHG) emissions intensity targets linked to long-term employee compensation and joined the United Nations Oil and Gas Methane Partnership 2.0 [2] - APA recycled 61% of water used for U.S. onshore completions, exceeding the goal of 50% and nearly doubling the percentage of recycled water from 2022 to 2023 [2] Group 2: Social Responsibility - The company recorded the lowest Total Recordable Incident Rate (TRIR) and Severe Incident Rate (SIR) in its history, emphasizing its commitment to employee health and safety [3] - APA launched the "Well Deserved" employee recognition program to acknowledge team members for exceptional efforts [3] - The company expanded its Tree Grant Program internationally, donating thousands of trees to nonprofits, and initiated a medical care plan for over 28,000 patients in Egypt [3] Group 3: Company Overview - APA Corporation explores and produces oil and natural gas in the U.S., Egypt, and the U.K., and also explores offshore Suriname and other locations [4]