Environmental, Social & Governance

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ESG at Antero

At Antero Resources, our employees are the core of our company and the people of Appalachia are at the heart of who we are. With our continued focus on health, safety, security and preservation of the environment, Antero will always prioritize our people and the communities where we operate. Our industry leading ESG performance exemplifies our unwavering commitment to do the right thing, take accountability for our actions and maintain our position as a world-class energy producer, partner and employer of choice.

Antero’s outstanding ESG performance is a direct result of our unwavering commitment to maintaining our leadership position as a responsible energy producer. Our performance, workplace culture and 2025 ESG goals help to fulfill our commitment to care for our community, employees, partners and the environment. Antero’s ESG strategy allows our company and our stakeholders to support a low-carbon future transition by producing natural gas and natural gas liquids according to the highest safety, environmental and governance standards.

-Mike Kennedy, Chief Financial Officer

Setting Goals for Continued Improvement

While commitments must come first, we believe actions speak louder than intention. That’s why we included ESG metrics in our business strategy, set measurable goals to ensure accountability and tied executive compensation to these goals. Our ambitious goals were developed after conducting a thorough review of our operations and thoughtful discussions with our executive leadership team and the Board.

2025 ESG Goals

  • Net Zero Scope 1 & Scope 2 carbon emissions by 2025
  • *50% reduction in already low methane leak loss rate (less than 0.025%)
  • *10% reduction in GHG intensity
  • Alignment with TCFD and SASB disclosure standards

*From our 2019 baseline emissions

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Industry-Leading Initiatives for a Low-Carbon Future

We recognize the growing concern over climate change and are committed to proactively managing our business to reduce our GHG emissions intensity and limit the environmental impacts of our operations. As the lightest and least greenhouse gas (GHG) intensive hydrocarbon, natural gas is expected to play a fundamental role as both the U.S. and global economies transition to a lower carbon future. Natural gas and natural gas liquids are part of the solution.

Emission Reduction Progress Since 2017

41%

Reduction in Scope 1 emissions

58%

Reduction in gross methane emissions

59%

Reduction in Scope 1 GHG intensity

71%

Reduction in methane intensity

68%

Reduction in methane leak loss rate

Antero's Stewardship Video

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Investing in Our People

Producing the energy the world needs is our job, but people are our purpose. We aim to be a force for good in the lives of our employees, partners, and neighbors.

Our Approach to Community

"Partnering with the people of Appalachia has been our commitment for more than 10 years and we will continue to make a difference by respecting its people and land for generations to come.”

Paul Rady, Founder, Chairman, CEO and President

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Governance

Accountability and Governance

Managing risk and doing the right thing are essential parts of our company's culture. Our company leaders believe in promoting a culture of best-in-class ethical business practices. We know that success relies on both corporate and personal responsibility to protect our employees and communities, and preserve the environment.

Leadership

Antero’s Board of Directors has ultimate oversight of the company’s operational performance and ethical conduct. This includes — in partnership with Antero’s executive leadership team — managing the company’s risk mitigation and ESG efforts. The Board ESG Committee provides guidance on matters relating to the identification and evaluation or risks and opportunities related to the environment and climate change, health and safety, and social and political trends.

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