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 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 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Santos reported total carbon emissions of approximately 5,660,000,000 kg CO2e, with emissions distributed across various scopes: 3,380,000,000 kg CO2e from Scope 1, 190,000,000 kg CO2e from Scope 2, and 32,700,000,000 kg CO2e from Scope 3. This data indicates a significant reliance on fossil fuel production, particularly evident in the high Scope 3 emissions, which primarily arise from the use of sold products. Santos has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. As the company operates within the energy sector, it faces increasing pressure to adopt more aggressive climate action plans to mitigate its environmental impact and align with global climate goals. Overall, while Santos has made strides in reporting its emissions, the lack of defined reduction targets highlights an area for potential improvement in its sustainability efforts.
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.