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OrganisationsViva Energy Australia
Viva Energy Australia logo

Viva Energy Australia

Crude Oil ExtractionAustraliaASX: VEA
Last verified 3 months agovivaenergy.com.au

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.

36
DitchCarbon score

+21 vs industry average

Viva Energy Australia’s score of 36 is higher than 64% 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

Very High

Crude Oil Extraction is among the most carbon-intensive industries

Industry performance

0.356
20192025

The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Viva Energy Australia's reported carbon emissions

In 2024, Viva Energy Australia reported total carbon emissions of approximately 139,740,7000 kg CO2e, comprising Scope 1 emissions of about 1,073,592,000 kg CO2e, Scope 2 emissions of approximately 323,815,000 kg CO2e, and Scope 3 emissions of about 39,283,939,000 kg CO2e. The company has set ambitious climate commitments, including a target to achieve net zero emissions for its non-refining operations by 2030. Additionally, it aims to reduce the emissions intensity of its Geelong Refinery by 10% by 2030, using 2019 as the baseline year. Viva Energy's emissions data is sourced from its parent company, Viva Energy Group Limited, and reflects a commitment to transparency and accountability in its environmental impact. The company is actively pursuing energy improvement projects and a shift to renewable energy to meet its targets, particularly in its Convenience & Mobility business, which has seen an increase in emissions due to recent acquisitions. Overall, Viva Energy is on track with its decarbonisation efforts, focusing on both operational efficiency and renewable energy integration.

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Viva Energy Australia’s Climate Goals (2030 & 2050)

5 goals

2030

Our target is to achieve net zero emissions for our non-refi…

Our target is to achieve net zero emissions for our non-refining operations by 2030.

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Use of Sold Products85%
Purchased Goods & Services14%
Upstream Transportation & Distribution1%
Downstream Transportation & Distribution0%
Employee Commuting0%
Business Travel0%
Use of Sold Products85%
Purchased Goods & Services14%
Upstream Transportation & Distribution1%
Downstream Transportation & Distribution0%
Employee Commuting0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Viva Energy Australia logoViva Energy Australia
AUCrude Oil Extraction
3 months ago
36
Royal Dutch Shell logoRoyal Dutch Shell
GBCrude Oil Extraction
3 days ago
81
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
4 days ago
71
View
Santos logoSantos
AUGas/Diesel Oil
5 days ago
69
View
Omv logoOmv
ATElectricity Distribution
5 days ago
63
View
Bp logoBp
GBCrude Petroleum Extraction
1 day ago
44
View
Karoon Energy logoKaroon Energy
AUGas/Diesel Oil
12 days ago
43
View

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