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 a significant presence in key operational regions, including Australia, Papua New Guinea, and the Asia-Pacific. The company is primarily engaged in the exploration, development, and production of hydrocarbons, with a strong focus on natural gas and liquefied natural gas (LNG). Santos is renowned for its commitment to sustainable practices and innovation in energy solutions, positioning itself as a key player in the transition to cleaner energy. The company has achieved notable milestones, including the development of major projects such as the Gladstone LNG project. With a robust portfolio of assets and a strategic focus on growth, Santos continues to strengthen its market position within the energy sector.
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 Fuel 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 20 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Santos reported global carbon emissions of approximately 5.66 million tonnes CO2e from Scope 1 sources, which include direct emissions from their operations. Additionally, Scope 2 emissions, primarily from purchased electricity, were about 530 million tonnes CO2e, while Scope 3 emissions, which encompass indirect emissions from the use of sold products, reached approximately 32.7 million tonnes CO2e. Santos has not publicly committed to specific reduction targets or initiatives as part of recognised frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of documented reduction targets suggests that while the company is aware of its emissions profile, it has yet to establish formal commitments to reduce its carbon footprint. Overall, Santos's emissions data highlights the significant scale of its operations and the associated environmental impact, underscoring the need for robust climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,200,000,000 | 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 | 0,000,000,000 | 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 |
Scope 2 | - | - | - | - | 00,000,000,000 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 not committed to any 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.