Viva Energy Australia Sustainability Profile
Viva Energy Australia, a prominent player in the energy sector, is headquartered in Geelong, Victoria. Founded in 1901, the company has evolved significantly, becoming a key supplier of fuels and lubricants across Australia. With a strong operational presence in major regions including Victoria, New South Wales, and Queensland, Viva Energy is dedicated to delivering high-quality products and services. The company’s core offerings include refined fuels, lubricants, and a range of energy solutions tailored to meet diverse customer needs. Notably, Viva Energy operates one of Australia’s largest oil refineries, which enhances its market position and ensures a reliable supply chain. With a commitment to sustainability and innovation, Viva Energy continues to achieve significant milestones, solidifying its reputation as a leader in the Australian energy industry.
DitchCarbon Score
How does Viva Energy Australia'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 Crude Oil Extraction 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
Viva Energy Australia's score of 15 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Viva Energy Australia's reported carbon emissions
In 2023, Viva Energy Australia reported total carbon emissions of approximately 1,509,000 kg CO2e, with Scope 1 emissions at about 6,878,000 kg CO2e, Scope 2 emissions at approximately 391,000 kg CO2e, and Scope 3 emissions at around 122,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net zero emissions for its non-refining operations by 2030. Additionally, it targets a 10% reduction in emissions intensity at its Geelong Refinery by 2030, using 2019 as the baseline year. For the year 2024, Viva Energy's global emissions included approximately 1,073,592,000 kg CO2e for Scope 1, 323,815,000 kg CO2e for Scope 2, and significant Scope 3 emissions, notably 39,283,939,000 kg CO2e from the use of sold products. The company’s emissions data is sourced from its parent company, Viva Energy Group Limited, and reflects its commitment to transparency and accountability in climate reporting. Viva Energy's initiatives align with industry standards, demonstrating a proactive approach to reducing its carbon footprint while contributing to broader climate goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,032,422,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 0,000,000,000 |
| Scope 2 | 296,563,000 | 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 |
How Carbon Intensive is Viva Energy Australia's Industry?
How Carbon Intensive is Viva Energy Australia's Location?
Viva Energy Australia's Scope 3 Categories Breakdown
Viva Energy Australia's Scope 3 emissions, which increased by 22% last year and increased by approximately 22% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 85% of Scope 3 emissions.
Top Scope 3 Categories
Viva Energy Australia's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Viva Energy Australia has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
