Environment

Being good stewards of the environment and ensuring we operate responsibly and carefully is deeply ingrained in our core values.

Our approach to environmental management goes beyond regulatory compliance. We recognize that the choices and actions we make today will impact the future of our company, our people, our communities, our stakeholders, and our environment. Through our environmental initiatives, practices, and achievements, we proudly demonstrate our dedication to sustainable practices and the preservation of our planet.

We prioritize climate change as a key environmental issue. Our commitment to contribute to a low carbon future is emphasized by our ambitious goal to reach net zero in our combined Scope 1 and 2 greenhouse gas emissions by 2050. Our net zero goal is supported by interim 2030 targets to reduce methane and GHG emissions intensities by 30 and 35 percent, respectively, compared to a 2021 baseline.

Since beginning our sustainability journey, Kinetik has implemented various tools and measures to voluntarily monitor, report, and reduce operational emissions, such as:

  • Upgrading Pneumatics
  • Installation of Electric Compression
  • Enhanced Leak Prevention
  • Installation of Advanced Continuous Emissions Monitoring Technologies
  • Aerial Emissions Monitoring Surveys
  • Sourcing Renewable Energy
  • Operational Improvements & Efficiencies

To further highlight our philosophy and how serious we are about achieving our sustainability goals, Kinetik has also:

  • Linked 100% of the Company’s debt capital structure to sustainability performance targets.
  • Incorporated greenhouse gas emissions-related metrics into the Company’s executive compensation program and employee at-risk pay program.
  • Established a New Energy Ventures team to assess opportunities to drive economic growth while promoting sustainability and decarbonization, such as carbon capture, utilization, and storage (CCUS) and carbonneutral power generation projects.