Thriving through the energy transition
Our climate change strategy aims to build a low cost, lower-carbon, resilient & diversified portfolio. View our climate report.
Woodside aims to thrive through the energy transition by building a low cost, lower carbon, profitable, resilient and diversified portfolio.
Our climate strategy has two key elements: reducing our net equity scope 1 and 2 greenhouse gas emissions and investing in the products and services that our customers need as they secure their energy needs and reduce their emissions.
In 2020, Woodside announced targets for near-and medium-term emissions reduction below the gross annual average equity Scope 1 and 2 greenhouse gas emissions over 2016-2020.
We have released our Climate Report 2022, which summarises our climate-related plans, activities, progress and climate-related data.
This report provides updates on how we made progress in 2022 on reducing Woodside’s net equity Scope 1 and 2 greenhouse gas emissions towards the targets that we announced in 2020. And also how we progressed projects across oil, gas and new energy which have the potential to help our customers secure their energy needs whilst they reduce their own emissions.
Meg O'Neill, Chief Executive Officer
Task Force on Climate-Related Financial Disclosures (TCFD)
For more information on our approach to climate change governance, strategy, risk management and targets, refer to our 2022 Climate Report.