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 26 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Santos's reported carbon emissions
In 2023, Santos reported a total of approximately 33,700,000 kg CO2e in greenhouse gas emissions globally, with specific emissions of about 3,380,000 kg CO2e from Australia (Scope 1), 5,660,000 kg CO2e (Scope 1) globally, and 530,000 kg CO2e (Scope 2) globally. The company has set ambitious climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2040. This long-term target is part of their broader strategy to reduce emissions significantly. Santos has also committed to a near-term target of reducing Scope 1 and Scope 2 emissions by 42% by 2030, using 2021 as the baseline year. This commitment includes measuring and addressing Scope 3 emissions, which accounted for approximately 32,700,000 kg CO2e in 2023. The company is currently on track to meet its two-year goals but faces challenges in achieving its five-year targets. Overall, Santos is actively working towards reducing its carbon footprint and aligning its operations with industry standards for climate action.
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 | 0,000,000,000 | 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
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 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.
