Amplify Energy Corp., a prominent player in the energy sector, is headquartered in the United States, with significant operations across key regions including California and Texas. Founded in 2019, the company has quickly established itself in the oil and gas industry, focusing on the acquisition and operation of mature oil and natural gas assets. Specialising in the production of hydrocarbons, Amplify Energy is recognised for its commitment to sustainable practices and operational efficiency. The company’s unique approach to asset management and its emphasis on innovative technologies have positioned it as a competitive force in the market. With a strong portfolio of core services, including exploration, production, and environmental stewardship, Amplify Energy Corp. continues to achieve notable milestones, reinforcing its reputation as a reliable energy provider.
How does Amplify Energy Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Amplify Energy Corp.'s score of 2 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Amplify Energy Corp., headquartered in the US, reported total Scope 1 emissions of approximately 150,497,000 kg CO2e, which includes about 39,998,000 kg CO2e from fugitive emissions. This represents a significant decrease from 2022, when the company recorded Scope 1 emissions of about 211,652,000 kg CO2e in the US. The company has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets through initiatives such as the Science Based Targets initiative (SBTi). Additionally, there are no documented climate pledges or reduction initiatives currently in place. Amplify Energy Corp. has shown a commitment to transparency in its emissions reporting, with data sourced directly from the company. The emissions intensity rate for Scope 1 in 2023 is reported at approximately 6,900 kg CO2e per metric ton, indicating a focus on monitoring their carbon footprint. Overall, while Amplify Energy Corp. has made strides in reducing its emissions, further commitments and targets would enhance its climate strategy and align with industry standards for sustainability.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Amplify Energy Corp. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.