Santos Ltd, commonly referred to as Santos, is a leading Australian oil and gas producer headquartered in Adelaide, South Australia. Established in 1954, the company has grown to become a key player in the gas and diesel oil industry, with significant operations across Australia and internationally, particularly in Papua New Guinea and the Asia-Pacific region.
Santos focuses on the exploration, production, and distribution of natural gas and oil, with a strong commitment to sustainable practices and innovation. Its core products include liquefied natural gas (LNG) and crude oil, distinguished by their high quality and reliability. The company has achieved notable milestones, including the development of major gas projects that contribute significantly to Australia's energy supply. With a robust market position, Santos continues to drive advancements in energy solutions while prioritising environmental stewardship.
+50 vs industry average
Santos’s score of 69 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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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Santos's reported carbon emissions
Santos, an Australian Gas/Diesel Oil company, reported approximately 34.1 billion kg CO2e in total emissions for 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2024, their total emissions were around 35.1 billion kg CO2e, and in 2023, they reported approximately 39.1 billion kg CO2e. Santos has set a long-term commitment to achieve net-zero Scope 1 and 2 emissions by 2040. Furthermore, they have a near-term target to reduce Scope 1 and 2 emissions (equity share) by 30% by 2030 from a 2023 baseline. Their Science Based Targets initiative (SBTi) commitment includes a near-term goal to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2021 base year, and a commitment to measure and reduce Scope 3 emissions. The SBTi targets are cascaded from Santos Limited.
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Santos’s Climate Goals (2030 & 2050)
3 goals2030
30% reduction in all scopes
30 per cent Reduction in Scope 1 and 2 emissions (equity share)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Santos
Frequently asked questions
Common questions about Santos’s sustainability data and climate commitments
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