The American Energy Revolution that took place 20 years ago has dramatically reshaped the global energy map and has shown that the goals of increased production and emissions reduction are not mutually exclusive. In fact, America is now the world leader in both oil and natural gas production and in emissions reductions.

As a result, our country has enjoyed lower energy costs and sustained economic growth while the world has benefited from greater energy security, and our innovations set standards for creating a cleaner environment. AXPC and its member companies are committed to advancing responsible exploration and development of U.S. oil and natural gas and promoting solutions that prioritize environmental stewardship and innovation. And specifically, greenhouse gas emissions management is a vital component of our industry’s ongoing efforts to meet energy demands while protecting the environment for future generations.

The U.S. energy industry leads the way in innovating and deploying advanced technologies and operational strategies to minimize emissions. We have also transformed facilities and processes to reduce the physical and environmental footprint of our operations, incorporating designs and approaches that further reduce emissions during production. By investing in innovations like cutting-edge leak detection systems and optimizing production infrastructure, our companies are transforming how oil and gas is produced, reinforcing their commitment to reducing environmental impacts while delivering reliable energy.

Our companies adhere to rigorous standards and regularly report their emissions data to foster transparency. By participating in industry-wide initiatives and voluntary programs, AXPC members can point to measurable progress in reducing air pollutants and greenhouse gases.

AXPC member companies are committed to transparency and continuous improvement in their operations and disclosures. They support robust accounting and reporting of greenhouse gas emissions and adhere to recognized industry reporting standards, both regulatory-driven and voluntary, and work to continually enhance the quality and clarity of their reporting.

Key initiatives include:

• Robust Emission Reporting: Companies track and report emissions across their operations, leveraging established standards, methodologies, this includes but is not limited to:
  • Public Reporting through the EPA: Since 2011, the oil and gas industry has been publicly reporting emissions through the Environmental Protection Agency (EPA)‘s Greenhouse Gas Reporting Program, providing consistent, accessible data to stakeholders utilizing methods developed by the EPA.
  • Voluntary Disclosures: Many members participate in voluntary disclosure programs of emissions and climate-related risks using established frameworks, such as those developed by the Greenhouse Gas Protocol, the ONE Future coalition, the Oil and Gas Climate Initiative (OGCI), the Task Force on Climate-Related Financial Disclosures (TCFD) and others.
  • Third-Party Verification: Emissions disclosures regularly undergo internal and often external audit, assessment and assurance processes. Most companies also utilize third-party verification for added credibility of their public disclosures.
• Growing consistency and comparability in reporting key upstream metrics: Demonstrating their commitment to improving open and transparent communication about environmental performance, AXPC companies collaborated to develop the AXPC ESG Metrics Framework and Template.  The framework launched in 2021 intended to improve and promote more consistent reporting of five key metrics groupings that central for evaluating upstream companies environmental and social performance – Greenhouse Gas (GHG) Emissions, Flaring, Spills, Water Use and Safety.