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 global energy company specializing in the exploration, development, and production of hydrocarbons, with a core focus on liquefied natural gas (LNG), pipeline g...

Woodside Energy Group's GHG Emissions Data Preview

In 2024, 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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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Woodside Energy Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Woodside Energy Group’s data sources below and access millions more through our Disclosure Search.

a. Woodside Energy Group's Webpage captured from company’s website 2024
a. Woodside Energy Group's Webpage captured from company’s website 2024
b. Woodside Energy Group's Progress Report 2023
b. Woodside Energy Group's Progress Report 2023

Insights into Woodside Energy Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Woodside Energy Group amounted to 6,784,000 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Woodside Energy Group increased by 9.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Woodside Energy Group's Scope 1 Emissions Over Time

202120222023202402 M4 M6 M8 MtCO2e+51%+15%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Woodside Energy Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Woodside Energy Group were 6,769,000 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2021, Woodside Energy Group's Scope 1 emissions have increased by 91.16%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Woodside Energy Group's Scope 1 emissions increased by 9.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Woodside Energy Group's Scope 2 emissions?

In 2024, Woodside Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 15,000 tCO₂e without specifying the calculation method. a

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 150%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Woodside Energy Group's Scope 2 emissions (Unspecified Calculation Method) fell by 16.67% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2024, Woodside Energy Group reported its Scope 2 emissions using an unspecified methodology. a

Woodside Energy Group's Scope 2 Emissions Over Time

202120222023202404.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Woodside Energy Group's Value Chain Emissions

In 2024, Woodside Energy Group reported 74,652,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Woodside Energy Group's Scope 3 Emissions Over Time

2021202220232024020 M40 M60 M80 MtCO2e+63%+20%+3%
  • Total Scope 3
  • Year-over-Year Change

What are Woodside Energy Group's Scope 3 emissions?

In 2024, Woodside Energy Group reported total Scope 3 emissions of 74,652,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 3.68% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.32% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

Since 2021, Woodside Energy Group's Scope 3 emissions have increased by 100.75%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Woodside Energy Group's Scope 3 emissions remained relatively stable, indicating that Woodside Energy Group 's emissions have plateaued with no significant change in its value chain footprint. a b

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

In 2024, Woodside Energy Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Woodside Energy Group's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 71,688,000 tCO₂e (96.32%)
  • Downstream Transportation and Distribution (Cat. 9): 1,732,000 tCO₂e (2.33%)
  • Purchased Goods and Services (Cat. 1): 1,004,000 tCO₂e (1.35%)

Woodside Energy Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(96.3%)DownstreamTransportation andDistribution(Cat. 9)(2.3%)Purchased Goods andServices (Cat. 1)(1.3%)

Insights into Woodside Energy Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Woodside Energy Group reported Scope 1 greenhouse gas (GHG) emissions of 6,769,000 tCO₂e and total revenues of USD 20,322 millions. This translates into an emissions intensity of 333.09 tCO₂e per millions USD. a

Woodside Energy Group's Scope 1 Emissions Intensity Compared to Peers

10,000100,0001,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)ASDevon EnergyYear: 2024Scope 1: 6,020,000 tCO2eRevenue: $M 15,940Scope 1 Intensity: 377.67 tCO2e/$MAAAmplitude EnergyYear: 2024Scope 1: 126,604 tCO2eRevenue: $M 146Scope 1 Intensity: 866.53 tCO2e/$MChord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MVar EnergiYear: 2024Scope 1: 320,859 tCO2eRevenue: $M 75,046Scope 1 Intensity: 4.28 tCO2e/$MHarbour EnergyYear: 2024Scope 1: 1,259,200 tCO2eRevenue: $M 6,158Scope 1 Intensity: 204.48 tCO2e/$MAker BPYear: 2024Scope 1: 838,000 tCO2eRevenue: $M 12,243Scope 1 Intensity: 68.45 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MSantosYear: 2024Scope 1: 4,440,000 tCO2eRevenue: $M 8,303Scope 1 Intensity: 534.73 tCO2e/$MInpexYear: 2024Scope 1: 6,614,000 tCO2eRevenue: $M 14,433Scope 1 Intensity: 458.27 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MPTTEPYear: 2023Scope 1: 6,744,227 tCO2eRevenue: $M 8,733Scope 1 Intensity: 772.23 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MSSSavannah EnergyYear: 2023Scope 1: 70,741 tCO2eRevenue: $M 171Scope 1 Intensity: 414.83 tCO2e/$MContinental ResourcesYear: 2023Scope 1: 3,000,000 tCO2eRevenue: $M 8,732Scope 1 Intensity: 343.57 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MWoodside Energy GroupYear: 2024Scope 1: 6,769,000 tCO2eRevenue: $M 20,322Scope 1 Intensity: 333.09 tCO2e/$M

How does Woodside Energy Group's GHG emissions intensity compare to its peers?

In 2024, Woodside Energy Group reported a Scope 1 emissions intensity of 333.09 tCO₂e per millions USD. Compared to the peer group median of 343.57 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Woodside Energy Group rank on GHG emissions intensity within its industry?

In 2024, Woodside Energy Group ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Woodside Energy Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Woodside Energy Group's Total Carbon Footprint

In 2024, Woodside Energy Group reported a total carbon footprint of 81,436,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.06% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Woodside Energy Group's total carbon footprint was Scope 3 emissions, accounting for 91.67% of the company's total carbon footprint, followed by Scope 1 emissions at 8.31%. a

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