Santos
Santos Limited, commonly referred to as Santos, is a leading Australian oil and gas exploration and production company headquartered in Adelaide, South Australia. Founded in 1954, Santos has established itself as a key player in the energy sector, with significant operations across Australia and in regions such as Papua New Guinea and the Timor Sea. The company focuses on the exploration, development, and production of natural gas and oil, with a strong emphasis on sustainable practices and innovation. Santos is renowned for its core products, including liquefied natural gas (LNG) and domestic gas supply, which are pivotal in meeting both local and international energy demands. With a commitment to reducing carbon emissions and advancing renewable energy initiatives, Santos has positioned itself as a forward-thinking leader in the industry, achieving notable milestones in project development and environmental stewardship.
DitchCarbon Score
How does Santos'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.
Industry Average
Mean score of companies in the Gas/Diesel Oil 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.
Industry Benchmark
Santos's score of 18 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Santos's reported carbon emissions
In 2023, Santos reported Scope 1 emissions of approximately 3,380 kg CO2e in Australia. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects a commitment to align with the 1.5°C climate goal. Historically, Santos has shown a trend in emissions reduction, with Scope 1 emissions recorded at 4,200,000,000 kg CO2e in 2008, decreasing to 3,580,000,000 kg CO2e in 2017. The company also acknowledges the importance of measuring and reducing its Scope 3 emissions, which are significant in the overall carbon footprint. Santos's ongoing efforts to address climate change demonstrate a proactive approach in the energy sector, focusing on sustainable practices and transparency in emissions reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 37,796,000 | 00,000,000 | - | - | 000 | 000 | 000 | 000 | 000 | 000 | 000 |
| Scope 3 | - | 0,000,000,000 | - | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Santos is committed to some reduction initiatives 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.
