Santos

Santos's reported carbon emissions

Santos, an Australian Gas/Diesel Oil company, reported total global emissions of approximately 34.1 billion kg CO2e for fiscal year 2025. This figure comprises Scope 1 emissions of about 3.61 billion kg CO2e, Scope 2 emissions of approximately 790 million kg CO2e, and Scope 3 emissions totalling about 29.7 billion kg CO2e. For fiscal year 2024, total global emissions were approximately 35.14 billion kg CO2e, with Scope 1 emissions at around 4.44 billion kg CO2e, Scope 2 at about 800 million kg CO2e, and Scope 3 at approximately 29.9 billion kg CO2e. In 2023, total global emissions were approximately 39.1 billion kg CO2e, including Scope 1 emissions of about 5.5 billion kg CO2e, Scope 2 emissions of approximately 600 million kg CO2e, and Scope 3 emissions totalling about 33 billion kg CO2e. Santos is committed to achieving net-zero Scope 1 and 2 emissions by 2040, as outlined in their sustainability reports. Furthermore, the company has set a near-term target to reduce Scope 1 and 2 emissions (equity share) by 30% by 2030, against a 2023 baseline. Science Based Targets initiative (SBTi) data indicates that Sto NV (likely a related entity or a former name in historical data, with organisation_id 1507 being Santos) committed to reducing its Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. This target is considered consistent with keeping warming to 1.5°C.