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Public Profile
Gas/Diesel Oil
AU
updated 4 days ago

Santos

Company website

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.

26

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.

14

Industry Benchmark

Santos's score of 26 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Santos's reported carbon emissions

In 2023, Santos reported total carbon emissions of approximately 40,890 kg CO2e across all scopes. This includes Scope 1 emissions of about 5,660 kg CO2e, Scope 2 emissions of approximately 530 kg CO2e, and significant Scope 3 emissions totalling around 32,700 kg CO2e, with the majority (21,800 kg CO2e) attributed to the use of sold products. Santos has set ambitious climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2040. This target is part of their long-term strategy to reduce their carbon footprint and aligns with their commitment to sustainability. Additionally, they have established near-term targets approved by the Science Based Targets initiative (SBTi), committing to a 42% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2021 baseline. The emissions data is sourced directly from Santos Limited, with no cascading from a parent organization. Santos's proactive approach to climate action reflects their dedication to addressing climate change and reducing their environmental impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20122014201520162017201820192020202120222023
Scope 1
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000
0,000
Scope 2
37,796,000
-
-
-
000
000
000
000,000,000
000,000,000
000
000
Scope 3
-
-
-
-
00,000
00,000
00,000
00,000,000,000
00,000,000,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Santos's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Santos is in AU, which has a very high grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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