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.
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.
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.
Santos's score of 21 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Santos has reported significant reductions in its carbon emissions, with a total of approximately 5,660 kg CO2e from Scope 1 emissions globally, alongside 530 kg CO2e from Scope 2 emissions. In Australia, the company reported about 3,380 kg CO2e from Scope 1 emissions. Santos 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 the company's commitment to align with the 1.5°C climate goal. In 2022, Santos also reported Scope 3 emissions of approximately 32,700 kg CO2e globally, indicating a comprehensive approach to measuring its total carbon footprint. The company is actively working to measure and reduce these emissions as part of its broader sustainability strategy. Santos's ongoing efforts demonstrate a commitment to transparency and accountability in addressing climate change, positioning itself as a responsible player in the energy sector.
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 |
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.