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 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.
Santos's score of 26 is higher than 60% 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 33,700,000 kg CO2e globally, with specific emissions of 5,660,000 kg CO2e from Scope 1, 530,000 kg CO2e from Scope 2, and 32,700,000 kg CO2e from Scope 3. In Australia, the company recorded Scope 1 emissions of about 3,380,000 kg CO2e. 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, which includes a commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2021 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) and reflect the company's commitment to align with climate science. The company’s emissions data is sourced directly from Santos Limited, ensuring accuracy and consistency in reporting. Santos is actively working towards these goals, demonstrating a proactive approach to climate change and sustainability within the energy sector.
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 |
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.