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Public Profile
Crude Oil Extraction
AU
updated 10 days ago

Woodside Energy

Company website

Woodside Energy Group Ltd, commonly known as Woodside, is a leading Australian oil and gas company headquartered in Perth, Australia. Founded in 1954, Woodside has established itself as a key player in the energy sector, primarily focusing on the exploration, development, and production of hydrocarbons. The company operates major projects in Australia and internationally, with significant assets in the North West Shelf and Pluto LNG. Woodside is renowned for its innovative approach to liquefied natural gas (LNG) production, offering unique solutions that enhance efficiency and sustainability. With a commitment to responsible energy development, Woodside has achieved notable milestones, including the successful delivery of large-scale LNG projects. As a prominent entity in the energy market, Woodside continues to drive advancements in technology and environmental stewardship, solidifying its position as a trusted provider of energy solutions.

DitchCarbon Score

How does Woodside Energy'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.

20

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.

6

Industry Benchmark

Woodside Energy's score of 20 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Woodside Energy's reported carbon emissions

In 2023, Woodside Energy reported total greenhouse gas emissions of approximately 9,165,000,000 kg CO2e, comprising 9,165,000,000 kg CO2e from Scope 1 and 10,000,000 kg CO2e from Scope 2, resulting in a combined total of 9,175,000,000 kg CO2e for these scopes. The company has set ambitious climate commitments, aiming for a 15% reduction in net equity Scope 1 and 2 emissions by 2025 and a 30% reduction by 2030, using a baseline of the 2016-2020 gross annual average. Additionally, Woodside aspires to achieve net zero emissions by 2050 or sooner. The company has made significant strides in reducing flare intensity, achieving over a 50% reduction since 2013. This reduction is part of their ongoing operational reliability improvements. The emissions intensity for Scope 1, based on equity production, was reported at 280 kg CO2e per tonne in 2023. Woodside's emissions data is sourced directly from Woodside Energy Group Ltd, with no cascaded data from parent or related organizations. The company continues to focus on enhancing its sustainability practices while addressing its carbon footprint in the energy sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201220132014201520162017201820192020202120222023
Scope 1
8,402,000,000
0,000,000,000
0,000,000,000
0,000,000,000
00,000,000,000
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
Scope 2
8,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
00,000,000,000
00,000,000,000
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Woodside Energy's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Woodside Energy is in AU, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Woodside Energy 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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