Santos Ltd

Common Name
Santos
Country
Australia
Sector
Energy
Industry
Oil & Gas E&P
Employees
3,958
Ticker
STO
Exchange
ASX
Description
Santos Ltd. is a leading energy firm primarily focused on the exploration, production, and sale of hydrocarbons. As an established name in the energy sector, Santos specializes in extracting natural g...

Santos's Climate Target Data Preview

As of 2024, Santos has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Santos ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Santos's Greenhouse Gas Emissions Pathways

As of 2024, Santos has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Santos have a target to reduce the emissions from its operations?

As of 2024, Santos has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Santos's most ambitious operational target is to reduce these emissions by 40% by 2030, compared to a baseline of 0.055 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced in 2020.

As of 2024, Santos is lagging behind on its operational emissions reduction target, having achieved 22.73% of the planned reduction.

Santos's Operational (Scope 1+2) Emissions Pathway

20202024203000.020.030.050.06Current (-9%)Target 2030 (-40%)
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