Public Profile

Woodside Energy

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.

0

Industry Benchmark

Woodside Energy's score of 20 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Woodside Energy's reported carbon emissions

In 2023, Woodside Energy reported total carbon emissions of approximately 9,175,000,000 kg CO2e, comprising 9,165,000,000 kg CO2e from Scope 1 emissions and 10,000,000 kg CO2e from Scope 2 emissions. The company has disclosed emissions data for Scope 1 and Scope 2, but no specific targets for reduction initiatives or climate pledges have been identified. Over the years, Woodside's emissions have shown fluctuations. For instance, in 2022, the total emissions were about 9,573,000,000 kg CO2e, with Scope 1 emissions at 9,565,000,000 kg CO2e and Scope 2 at 8,000,000 kg CO2e. The company has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi), indicating a potential area for improvement in their climate strategy. Woodside's emissions intensity has varied, with a reported Scope 1 emissions intensity of approximately 320 kg CO2e per tonne of equity in recent years. The company continues to operate within the global energy sector, which is under increasing scrutiny for its carbon footprint and the need for sustainable practices. Overall, while Woodside Energy has made strides in reporting its emissions, the absence of specific reduction targets highlights a gap in its climate commitments that may need addressing to align with industry standards and expectations.

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201620172018201920202021202220232024
Scope 1
10,084,000,000
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
0,000,000,000
Scope 2
14,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
00,000,000
0,000,000,000
Scope 3
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
-
0,000,000,000

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. Woodside Energy is headquartered in AU, which has a rank of very high, indicating very high grid carbon intensity.

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 not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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