Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Industry-low greenhouse gas intensity
• Industry-low methane leak loss rate
• No gas flaring
• Set environmental reduction goals for 2025 (50% reduction in methane leak loss rate, 10% reduction in GHG intensity)

Social Achievements

• Safe operations
• Commitment to the communities in which it operates

Governance Achievements

• Alignment with TCFD and SASB reporting guidelines

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic

Mitigation Strategies

• Continued operations as an essential business, implementing protocols to protect worker health and safety, transitioning non-field employees to remote work

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, SASB

Environmental Metrics

ESG Focus Areas

• Human Capital
• Community Engagement
• Diversity
• Governance
• Environment and Safety

Environmental Achievements

• 98% of the fresh water used was transferred by Antero Midstream pipeline, eliminating approximately 32 million miles of truck traffic and avoiding approximately 14,000 metric tons of carbon dioxide emissions
• 86% of flowback and produced water gathered was reused or recycled
• One of the lowest methane leak loss rates in the industry at 0.044%
• Received a Responsibility Sourced Gas certification following the completion of a pilot project with Project Canary in early 2022
• Announced goals to achieve Net Zero Scope 1 and Scope 2 emissions by 2025, a 50% reduction in methane leak loss rate and 10% reduction in GHG emissions by 2025

Social Achievements

• Maintained a Community Relations hotline and resolved over 98% of community relations inquiries submitted from 2020 to 2022
• Donated $100,000 to WVU Medicine Children’s Hospital
• Improved community infrastructure in West Virginia and Ohio through $259 million in improved road and infrastructure upgrades since 2013
• Established an employer matching campaign to assist the Colorado communities affected by the Marshall fires
• Contributed meaningful employment opportunities in the Appalachian Region
• Donated much-needed funds and equipment to healthcare providers in response to the COVID-19 pandemic
• 100% of employees completed training for Human Labor and Indigenous Rights Policy, Diversity and Inclusion Policy and Supplier Code of Conduct

Governance Achievements

• Seven out of eight directors are independent
• Independent lead director
• Each Board committee is chaired by an independent director
• Nominating & Governance Committee is comprised entirely of independent directors
• ESG Committee guides and governs ESG initiatives
• ESG Advisory Council develops a centralized, systematic approach for identifying, managing and communicating ESG risks and opportunities
• A portion of executive compensation is tied to ESG performance

Climate Goals & Targets

Environmental Challenges

• Meeting Net Zero, methane leak loss rate and GHG emissions goals (uncertainties related to emerging technologies, market for carbon offsets)
• Unexpected material costs associated with meeting ESG goals

Mitigation Strategies

• Implementation of emission reduction practices and technologies and the purchase of carbon credits

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Human, Labor and Indigenous Rights Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Sustainability Accounting Standards Board (SASB), Task Force on Climate-Related Financial Disclosures (TCFD)

Certifications: Responsibility Sourced Gas

Awards & Recognition

• Newsweek’s Top 400 Most Responsible Companies

Environmental Metrics

ESG Focus Areas

• Human Capital Management
• Community Engagement
• Diversity
• Governance
• Environment and Safety

Environmental Achievements

• Reduced Scope 1 GHG emissions by approximately 10% from 2021 performance
• 87% total produced water reused or recycled
• Industry-leading methane intensity rate of 0.014% and methane leak loss rate of 0.016%
• Achieved 2025 goal of a 50% reduction in methane leak loss rate and 10% reduction in Scope 1 GHG emissions from 2019 baseline

Social Achievements

• Donated $147,000 in grant funding to regional food pantries
• Improved community infrastructure through nearly $300 million in upgrades since 2014
• Established employer matching campaign to assist Colorado communities affected by Marshall fires
• Contributed meaningful employment opportunities in the Appalachian Region
• Donated funds and equipment to healthcare providers in response to the COVID-19 pandemic
• Over one-third of newly hired employees in 2022 identified as diverse
• 100% of employees completed training for Human Labor and Indigenous Rights Policy, Diversity and Inclusion Policy, and Supplier Code of Conduct

Governance Achievements

• Seven out of eight directors are independent
• Independent lead director
• All Board committees comprised entirely of independent directors
• 15% of executive compensation tied to ESG performance
• Proactive engagement with stockholders on ESG programs and performance
• Robust stock ownership guidelines for directors and executives

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Responsibly Sourced Gas (for certain well pads)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Newsweek’s Top 400 Most Responsible Companies

Environmental Metrics

ESG Focus Areas

• Emissions Reduction
• Economic Contributions to Communities
• Water Recycling
• Safety
• Energy Poverty Initiatives

Environmental Achievements

• Reduced methane leak loss rate by 76% and Scope 1 GHG intensity by 63% since 2019
• Reduced methane intensity by 78% and its combined Scope 1 and 2 emissions by 59% since 2019
• Recycled 89% of the wastewater in 2023 and reduced wastewater injection volumes by 72% since 2019

Social Achievements

• Contributed $1 billion in 2023 to local communities, including $816 million in lease and royalty payments, $158 million in property and severance taxes, and $24 million invested in road infrastructure improvements
• Finalized a commercial agreement with Envirofit International to provide cleaner-burning LPG stoves in Ghana, Africa to address energy poverty

Governance Achievements

• Achieved investment grade rating following upgrade from S&P and entered into new unsecured credit facility

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Cleaner-burning LPG stoves

Awards & Recognition

• Not disclosed