Sustainability
Integrity, accountability, and transparency drive Woodside’s environmental, social and governance aspirations and guide decision-making at all levels of our business.
Woodside is proud of the contribution we make in the communities where we are active and the markets we supply
Integrity, accountability and transparency drive our environmental, social and governance aspirations and guide decision-making at all levels of our business.
We are in an exciting period for Woodside, as we expand and evolve our business to continue providing reliable, affordable and lower-carbon energy through the energy transition.
Ann Pickard, Chair of the Sustainability Committee
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Sustainability Strategy and PlanOutlines a pathway for the material sustainability topics relevant to our business.
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Materiality for sustainability topics
Informing our understanding of which sustainability topics are relevant to our business activities and the communities where we are active.
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Sustainability ratings performanceMeasurement of our sustainability performance against Environment, Social and Governance indicators.
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United Nations Sustainable Development Goals
Provides a globally applicable framework.
Sustainability topics
As part of our materiality process described, the following environment, social and governance topics were considered to be most relevant to our business activities and stakeholders in 2024.
2024 statistics snapshot
- Wherever possible, hours reported are based on actual hours worked. If actual hours cannot be determined, hours reported are calculated using headcount and nominal working hours per person (ranging from eight hours for office based work to 12 hours for shift work).
- Contractor exposure hours, incidents and frequency rates exclude contractors operating within their own health, safety and environment (HSE) management system that has no interfaces with the Woodside HSE management system.
- Targets and aspiration are for net equity Scope 1 and 2 greenhouse gas emissions relative to a starting base of 6.32 Mt CO2-e which is representative of the gross annual average equity Scope 1 and 2 greenhouse gas emissions over 2016-2020 and which may be adjusted (up or down) for potential equity changes in producing or sanctioned assets with a final investment decision prior to 2021. Net equity emissions include the utilisation of carbon credits as offsets.
- Includes data relevant to the assets acquired through the merger with BHP’s petroleum business from 1 June 2022. Denotes cash tax paid to 31 December 2024.
