Woodside Energy Group Ltd

Common Name
Woodside Energy Group
Country
Australia
Sector
Energy
Industry
Oil & Gas E&P
Employees
4,718
Ticker
WDS
Exchange
ASX
Description
Woodside Energy Group Ltd. is a leading Australian oil and gas company focused on hydrocarbon exploration, development, production, and marketing. Its primary function is to deliver sustainable energy...

Woodside Energy Group's GHG Emissions Data Preview

In 2023, Woodside Energy Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Woodside Energy Group has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Woodside Energy Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Woodside Energy Group amounted to 6,190,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Woodside Energy Group increased by 15.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Woodside Energy Group's Scope 1 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e+51%+15%
  • Total Scope 1
  • Year-over-Year Change

What are Woodside Energy Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Woodside Energy Group were 6,172,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Woodside Energy Group reduced its Scope 1 emissions over time?

Since 2021, Woodside Energy Group's Scope 1 emissions have increased by 74.3%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Woodside Energy Group's Scope 1 emissions increased by 15.21%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Woodside Energy Group's Scope 2 emissions?

In 2023, Woodside Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 18,000 tCOâ‚‚e without specifying the calculation method.

Has Woodside Energy Group reduced its Scope 2 emissions over time?

Since 2021, Woodside Energy Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 200%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Woodside Energy Group's Scope 2 emissions (Unspecified Calculation Method) rose by 38.46% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Woodside Energy Group use for Scope 2 reporting?

In 2023, Woodside Energy Group reported its Scope 2 emissions using an unspecified methodology.

Woodside Energy Group's Scope 2 Emissions Over Time

20212022202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Woodside Energy Group's Value Chain Emissions

In 2023, Woodside Energy Group reported 72,825,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Woodside Energy Group includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Woodside Energy Group's Scope 3 Emissions Over Time

202120222023020 M40 M60 M80 MtCO2e+63%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Woodside Energy Group's Scope 3 emissions?

In 2023, Woodside Energy Group reported total Scope 3 emissions of 72,825,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 4.07% of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.93% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Woodside Energy Group reduced its Scope 3 emissions over time?

Since 2021, Woodside Energy Group's Scope 3 emissions have increased by 95.84%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Woodside Energy Group's Scope 3 emissions increased by 19.98%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Woodside Energy Group disclose?

In 2023, Woodside Energy Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Woodside Energy Group's Scope 3 emissions?

In 2023, the largest contributors to Woodside Energy Group's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 69,653,000 tCOâ‚‚e (95.93%)
  • Downstream Transportation and Distribution (Cat. 9): 1,728,000 tCOâ‚‚e (2.38%)
  • Purchased Goods and Services (Cat. 1): 1,225,000 tCOâ‚‚e (1.69%)

Woodside Energy Group's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(2.4%)Purchased Goods andServices (Cat. 1)(1.7%)Use of Sold Products(Cat. 11)(95.9%)

Insights into Woodside Energy Group's Total Carbon Footprint

In 2023, Woodside Energy Group reported a total carbon footprint of 79,015,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.59% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Woodside Energy Group's total carbon footprint was Scope 3 emissions, accounting for 92.17% of the company's total carbon footprint, followed by Scope 1 emissions at 7.81%.

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