Anadarko's Commitment

While the earth's climate has undergone drastic changes throughout the planet's existence, scientific research continues to improve our understanding of climate and how it responds to human activities. At Anadarko, we are keenly aware that greenhouse gas (GHG) emissions - particularly carbon dioxide (CO2) and methane (CH4) - have emerged as a specific concern.

Anadarko is and will continue to be committed to responsible environmental stewardship. We continually look for innovative ways to minimize the overall environmental impacts of our activities, including reducing GHG emissions.

Anadarko supports ongoing climate change and greenhouse gas mitigation research, while implementing scientifically sound measures to reduce atmospheric carbon emissions and integrating air-quality safeguards into our business practices around the world. We are a Production and Processing Partner in the U.S. Environmental Protection Agency's Natural Gas STAR Program, a founding member of The Climate Registry, a founding member of the American Carbon Registry, and a participating member of the American Petroleum Institute's Climate Challenge Program and Business Roundtable's Climate RESOLVE Program.

Examples of our efforts include:

• The use of emission-reduction technologies by incorporating Best Management Practices (BMP) into our operations 
• Working to minimize the flaring and venting of methane to increase energy efficiency and reduce emissions 
• Anadarko’s enhanced oil recovery (EOR) operations in Wyoming utilize CO2 to stimulate oil production. The CO2 injected into the ground enhances domestic oil production and prevents a GHG from being emitted into the atmosphere. The project currently sequesters enough CO2 each day to offset the equivalent emissions of more than half-a-million cars. 
• As a result of our CO2 sequestration activities in Wyoming, we have created a surplus of registered and verifiable CO2 emissions reductions. These efforts, combined with growing awareness of the benefits of EOR-related geologic sequestration, have given Anadarko encouragement about the potential growth in voluntary environmental markets.
  

In 2003, Anadarko formed a Climate Change Committee (PDF) to organize, evaluate and advise on climate change and GHG issues. In 2004, the company approved a GHG Management Plan (PDF), recommended by the Climate Change Committee. The plan addresses the management of emissions of CO2 and CH4 at all of Anadarko's worldwide operating locations.

In our view, it's possible to achieve reductions in GHG emissions in a cost-effective and voluntary manner. We believe that it's important to balance economic and environmental concerns with sound science so that industries are able to innovate, develop and grow the global economy in a safe and responsible manner.

Anadarko continues to inventory and assess its corporate-wide GHG emissions inventory baseline and GHG intensity using our established and updated Corporate GHG Protocol. We also continue to calculate, third-party verify, and register our GHG emissions reductions from our EOR projects. Our methodology is consistent with established industry guidelines found in the IPIECA/API/OGP Petroleum Industry Guidelines for Reporting GHG Emissions and standards set by the World Business Council for Sustainable Development and the World Resource Institute.

Following the acquisitions of Kerr-McGee Corporation and Western Gas Resources, Anadarko's midstream position grew substantially. As a result the inventory has been broken out into midstream activities, and exploration and production (E&P) activities. 

Anadarko also has responded to inquiries by the Carbon Disclosure Project (CDP), a coordinating effort of institutional investor’s collaboration regarding climate change. Annually, reports outline key issues and company responses to climate change.  Anadarko’s responses include: CDP3 (PDF), CDP4 (PDF), CDP5 (PDF), CDP6 (PDF), and CDP7 (PDF).  Further information is available at the Carbon Disclosure Project Web site.