perception could cause the permits we require to conduct our operations to be
withheld, delayed, or burdened by requirements that restrict our ability to profitably
conduct our business.”47
“We are developing innovative approaches to our operational processes that lower
our costs, reduce our environmental footprint and maximize opportunities for natural
gas in a lower-carbon energy future. For example, we are working to reduce fugitive
methane emissions and encouraging others in our industry to do so as well (see p.
64). To address the potential physical impacts of climate change, such as reduced
freshwater supplies, we are continuing our efforts to use alternatives to fresh water,
especially in water-scarce areas (see p. 55). 48
Statements on Human Rights
“Respect for human rights is at the core of Apache’s values and operations. We
worked together with our long-term shareholders in a multi-year process to develop
the foundation of the company’s Human Rights Principles, which our Board of
Directors formally adopted in 2013.
The principles are consistent with the framework laid out by John Ruggie, the United
Nations’ special representative on business and human rights. Aimed at the honest,
fair and dignified treatment of all human beings for whom our operations create
opportunities, our Human Rights Principles formalize practices already in place
throughout our regions. In accordance with the principles, the company’s monitoring
results are thoroughly assessed and reported annually to the Corporate Governance
and Nominating Committee of our Board.”49
Arch Coal, Inc.
Statements on Climate Change
“In December 2015, 195 nations (including United States) signed the Paris
Agreement, a long-term, international framework convention designed to address
climate change over the next several decades. This agreement entered into force in
November 2016 after more than 70 countries, including the United States, ratified
or otherwise agreed to be bound by the agreement. The United States was among the
countries that submitted its declaration of intended greenhouse gas reductions in
early 2015, stating its intention to reduce U.S. greenhouse gas emissions by 26-28%
by 2025 compared to 2005 levels.” 50
Id.
Apache Corp. (2018), Building for the Future: 2018 Sustainability Report, p. 19, available at
http://www.apachecorp.com/Resources/Upload/file/sustainability/APACHE-Sustainability_Report_2018.pdf (last
accessed on 12 September 2019).
49 Id., p. 104.
50 Arch Coal Inc. (2018), Annual Report, p. 24, available at http://investor.archcoal.com/static-files/b66acb7c-d32c4f4b-9035-10214bad8521 (last accessed on 12 September 2019).
47
48
Annex D: Corporate Statements on Climate Change and Human Rights |
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