Apache Releases 2015 Sustainability Report

Dec 01, 2015, 16:05 ET from Apache Corporation

HOUSTON, Dec. 1, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) has released its 2015 Summary Sustainability Report and published additional disclosures on its website.

The online report features expanded disclosure of Apache's performance in governance, economics, environmental stewardship, health and safety in the workplace, and community outreach. The report is available at www.apachecorp.com/Sustainability.  

"Apache's commitment to operate as a good neighbor while employing sustainable practices in environment, safety and governance areas is a cornerstone of our philosophy and culture," Apache Chief Executive Officer and President John J. Christmann, IV, said. "As we have adjusted to a changing commodity landscape, Apache's dedication to being an innovative, safe and environmentally responsible operator has not wavered."

Among the highlights, the report:  

  • Details in the Governance Section new political-contribution disclosures.
  • Describes in the Environment section Apache's unique system of using brackish and recycled-produced water to support its drilling program without competing for freshwater supplies in drought-stricken West Texas.
  • Outlines in the Workplace section the new AIM for ZERO initiative, which empowers the workforce to influence the workplace and continuously improve by providing ideas and suggestions to prevent harmful incidents and encourage the reporting of hazards and near misses.
  • Highlights in the Society section Apache's stakeholder engagement processes.

The 2015 report was prepared using the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. GRI is a nonprofit organization that promotes economic, environmental and social sustainability. Its comprehensive sustainability reporting framework is widely used around the world. Also referenced was the Oil and Gas Industry Guidance on Voluntary Sustainability Reporting by the International Petroleum Industry Environmental Conservation Association (IPIECA), the American Petroleum Institute (API) and the International Association of Oil & Gas Producers (OGP).

Another reference was Disclosing the Facts: An Investor Guide to Disclosing Risks from Hydraulic Fracturing Operations published by the Investor Environmental Health Network (IEHN) and the Interfaith Center on Corporate Responsibility (ICCR). A summary version of the 2015 Sustainability Report, compiled into print format, is available at: http://www.apachecorp.com/Sustainability/Sustainability_Report/index.aspx.

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