HOUSTON, Sept. 3, 2014 /PRNewswire/ -- Apache
Corporation (NYSE, Nasdaq: APA) has launched its 2014
Sustainability Report 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
http://www.apachecorp.com/Sustainability/index.aspx.
"The relentless pursuit of operational excellence has been a
hallmark of Apache since its founding in 1954," said Apache
Chairman, CEO and President G. Steven
Farris. "Our commitment to the environment, good governance,
health and safety and the communities where we live and work is no
less emphatic."
Among the highlights, the report:
- Discusses in the Governance Section how governance hit a
high-water mark in 2013 when members of Apache's Board of Directors
had individual meetings with nearly 60 percent of its shareholder
base, addressing compensation and other issues and resulting in
many state-of-the-art additions to the company's governance
profile.
- Describes how Apache has developed a unique system using
brackish and recycled produced water to maintain an aggressive
drilling program without competing for freshwater supplies in
drought-stricken West Texas in the
Environment Section.
- Outlines the new Operational Excellence program, which
introduces a common framework across regions for improving
performance in seven key areas of operation, including asset
integrity, safety and environmental responsibility in the Workplace
Section.
- Describes in the Society Section how employees and their
families donate their time, effort and money to hundreds of
charitable causes each year, with matching gift funds totaling
$2.4 million worldwide.
The 2014 report was prepared using the Global Reporting
Initiative (GRI) Sustainability Reporting Guidelines. GRI is a
non-profit organization that promotes economic, environmental and
social sustainability. Its comprehensive sustainability reporting
framework is widely used around the world.
Also used as a reference 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 Extracting 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 2014 Sustainability Report, published
in print format, is available at
http://www.apachecorp.com/Sustainability/Sustainability_Report/index.aspx.
The summary report was printed on paper made from recycled material
and certified by the Forest Stewardship Council, an independent,
nonprofit organization established to promote the responsible
management of the world's forests.
About Apache
Apache Corporation is an oil and gas
exploration and production company with operations in the United States, Canada, Egypt, the United
Kingdom and Australia.
Apache posts announcements, operational updates, investor
information and copies of all 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