Viva Energy Australia

Viva Energy Australia, an AU-based company in the crude petroleum and services related to crude oil extraction industry, reported its most recent carbon emissions for 2024.

In 2024, the company's Scope 1 emissions were about 1,073,592,000 kg CO2e, and Scope 2 emissions were approximately 323,815,000 kg CO2e. Key Scope 3 emissions included approximately 39,283,939,000 kg CO2e from the use of sold products, and about 6,342,597,000 kg CO2e from purchased goods and services.

Looking back, in 2023, Viva Energy Australia's Scope 1 emissions were approximately 997,508,000 kg CO2e, and Scope 2 emissions were around 301,675,000 kg CO2e. Their Scope 3 emissions for 2023 totalled about 45,672,353,000 kg CO2e, with approximately 38,843,987,000 kg CO2e from the use of sold products and 5,721,993,000 kg CO2e from purchased goods and services.

Viva Energy Australia has set several climate commitments:

• The company aims for net-zero Scope 1 and Scope 2 emissions for its non-refining operations by 2030.
• For the Geelong Refinery, Viva Energy Australia targets a 10% reduction in Emissions Intensity for Scope 1 and Scope 2 by 2030, using a 2019 base year.
• The company is also committed to achieving net-zero emissions across all scopes for the group by 2050.
• Progress towards the 2030 non-refining net-zero target for 2024 is on track, despite an increase in emissions from the recently acquired Coles Express and OTR businesses within the Convenience & Mobility segment. Decarbonisation efforts in this segment focus on energy improvement projects, such as LED lighting upgrades and rooftop solar programs, with remaining emissions to be offset or addressed through green power procurement.