Scope 1 and 2 GHG emissions

On this page
Our targets
Climate Strategy: Scope 1 and 2 GHG emissions

Reduce our net equity Scope 1 and 2 GHG emissions

To reduce our net equity Scope 1 and 2 GHG emissions by 15% (in 2025) and 30% (in 2030) below the starting base, which is representative of our gross annual equity average Scope 1 and 2 emissions over the 2016-2020 period, with an aspiration of net zero by 2050 or sooner.1 The 2025 target has now been successfully met.2

  • Target

    15%

    by 20253
    [Target successfully met]2

  • Target

    30%

    by 20304

  • Aspiration

    Net zero

    by 2050 or sooner1

Our approach
Efficient operations

Efficient operations

The emissions efficiency of Woodside’s current operations, measured as Scope 1 and 2 emissions per unit of production (kg CO2-e/boe) compares well to the global average efficiency data provided by the IEA.5 Woodside utilises the IEA data for oil production, natural gas production and natural gas liquefaction, weighted to match Woodside’s production of oil, gas and LNG, to provide a benchmark comparator. Woodside's 2025 actual performance was 27% better (or 12.4 kg CO2-e/boe) than the benchmark comparator. The efficiency of Woodside’s operations arises from the intrinsic characteristics of our oil and gas resources, the design of our facilities and our operational approach. Woodside is pursuing further improvement in this performance, including through its approach to asset decarbonisation planning.

Asset decarbonisation plans

Asset decarbonisation plans

Our operated production assets identify opportunities to reduce emissions via asset decarbonisation plans. The main opportunities include energy efficiency and process optimisation measures, flaring and fugitive methane reduction, and electrification, such as the use of renewables and batteries.

As these opportunities are studied and matured, and if they are safe, technically viable and have an abatement cost of <US$80/t they are considered for inclusion into business plans, so that they can be scheduled for implementation alongside other initiatives to enhance safe, reliable and cost competitive operations.6 At the end of 2025, projects which are expected to deliver approximately 50% of the GHG emissions reduction benefits of currently identified opportunities over the remaining facility life have commenced.7
Focus on methane

Methane

Focus on methane

Methane has a higher global warming potential than carbon dioxide, so it is important in efforts to limit global warming, especially in the near term. Management of methane emissions receives particular focus within our asset decarbonisation plans. For example, when we assess methane emissions reduction opportunities, we multiply our internal cost of carbon of US$80/t CO2-e (real terms 2024) by 84, representing the higher global warming potential of methane in the near-term. This results in an effective price for methane of US$6,720/t emitted. Our focus on methane has also been long standing because leaks, if they occur at sufficient volume, would be a loss to our production and a potential safety hazard.

In 2024, Woodside joined the Oil and Gas Methane Partnership (OGMP2.0) which is the flagship oil and gas reporting and mitigation programme of the United Nations Environment Programme (UNEP). UNEP states that it is the only comprehensive, measurement-based international reporting framework for the sector. During 2025, Woodside submitted its implementation plan to UNEP which has confirmed it meets the requirements as a “Gold Standard Pathway”. This methane emissions management plan includes: improving our ability to measure methane emissions; taking action to reduce them where identified; transparent reporting of data; and supporting the adoption of best practice across industry and regulation.

As part of the plan, we have also set a five-year (to 2029) intensity target to maintain methane emissions intensity below 0.2% of production by volume at operated assets, based on a measurement-based reporting framework. Woodside’s reported methane emissions are currently around 0.1%. Our improving ability to directly monitor and measure methane at our facilities is substantiating our confidence in this calculated outcome.

Examples of our monitoring and measurement activities in 2025 include a drone-conveyed methane detection survey at the FPSO Léopold Sédar Senghor in Senegal, and a helicopter-borne laser detection survey over the Karratha Gas Plant. Surveys of this nature allow oil and gas operators to observe methane emissions, compare them with anticipated emissions, and act on unexpected emissions sources. For example, the Karratha Gas Plant survey identified some unexpected sources which were addressed within 24 hours, and confirmed our confidence in the safe deployment of the technology to measure and validate LNG facility emissions.

Woodside is also a supporter of initiatives aiming to promote knowledge sharing and technical collaboration across the natural gas value chain. These include the global Methane Guiding Principles, which during 2025 decided that having achieved its objectives, it would now be retired as a standalone initiative, with key activities transferred to other organisations such as the International Association of Oil and Gas Producers (IOGP) which Woodside is a member of. In 2025, Woodside also supported the Oil and Gas Climate Initiative (OGCI) Aiming for Zero Methane Emissions initiative, the Association of Southeast Asian Nations (ASEAN) Methane Leadership Programme, as well as an Australian Climate Leaders Coalition project which published a “starter playbook” to provide advice to Australian businesses on how to get started on methane abatement.

Methane management

We continue to strive for further reductions on our assets, which aligns with our Methane Guiding Principles commitments. 2025 highlights include:

Large scale abatement

Large scale abatement

Electrification, hydrogen fuelling and CCUS are all methods for reducing GHG emissions from our electrical and mechanical turbines, which for a typical LNG facility account for a range of 75–85% of facility GHG emissions. These opportunities are expensive to retrofit onto existing plant and equipment, with estimates in the range of US$200‑US$500/ t CO2-e. This requires continuing engineering assessment in order to reduce costs.

During 2025, engineering work on the leading opportunity at the Pluto facility was completed. Hydrogen fuelling of turbines had emerged as the leading opportunity, with hydrogen generated from natural gas steam methane reforming with CCS. Engineering studies confirmed that unit abatement costs remain several times higher than Woodside’s US$80/tCO2-e carbon price. While there is no further technical work to progress at this time, Woodside is continuing to pursue policy advocacy and market engagement to identify whether the economic gap can feasibly be bridged in the near- to mid-term future.

Carbon credits

Carbon credits

Woodside uses carbon credits to offset gross equity Scope 1 and 2 GHG emissions that are above our net emissions reduction target trajectory and for regulatory requirements in a given year.

We prioritise abatement at facilities before we use carbon credits as offsets. For example our US$80/t CO2 e (real terms 2024) carbon price is above the last quarterly reported daily volume weighted average spot price for generic ACCUs of A$36.60 (approximately US$23.60).12 In addition, climate-related emissions targets within the company scorecard do not include the use of offsets, which helps to focus Executives on continued reduction of gross emissions at our operations.

After these actions to prioritise abatement at facilities, carbon credits offer flexibility to achieve net emissions goals and overcome technical and operational challenges or short-term fluctuations in gross emissions, such as those originating from the start up of the Sangomar facility in 2024.

As at 31 December 2025, Woodside continues to manage a portfolio of more than 20 million carbon credits sourced from projects registered under established carbon crediting schemes, including the ACCU Scheme, Verra, Gold Standard and the Climate Action Reserve.13,14

In Australia, during 2025, Woodside entered into ACCU purchase agreements with third parties and continued to implement its multi-phase Native Reforestation Project which first started in 2020. Under the Native Reforestation Project, Woodside is developing ACCU Scheme projects on properties it owns in Western Australia and New South Wales. In 2025, Woodside undertook its first year of planting in New South Wales of approximately 1,021 hectares of land and planted a further approximately 3,300 hectares15 of land in Western Australia. As at 31 December 2025, the total area planted under the Native Reforestation Project in Western Australia is around 16,500 hectares.

Woodside has also entered into further transactions in the voluntary carbon market. In Mexico, Woodside contracted to purchase up to two million carbon credits over a ten-year period commencing in 2025 from a community-led tropical restoration and improved forest-management project. In Indonesia, Woodside is funding a community-based, phased mangrove restoration initiative project. Woodside is expected to receive up to 4.6 million credits over a 40-year period from this arrangement commencing in 2027.

In relation to our 2025 equity Scope 1 and 2 GHG emissions, 1,283 kt CO2-e carbon credits were retired in order to meet our target of 5,334 kt CO2-e net equity Scope 1 and 2 GHG emissions.16 Below are the project details in relation to the carbon credits retired for the 2025 emissions year.

Sources of carbon credits retired in respect of 2025 Scope 1 and 2 emissions

Project NameProject IDProject TypeMethodCountryVintageVolume
Genneia Wind Projects in Argentina Verra VCS
1987
Renewable - Wind ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sourcesArgentina 2020108,000
Genneia Wind Projects in Argentina Verra VCS
1987
Renewable - Wind ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sourcesArgentina 202278,369
Armoobilla Regeneration Project ACCU
Scheme
ERF101794
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-224,246
Bareeda Regeneration Project ACCU
Scheme
ERF110732
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 16,323
Barney Gumble Reforestation Project ACCU
Scheme
ERF121759
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 11,785
Bendena Human-Induced Regeneration Project ACCU
Scheme
ERF118301
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 14,904
Bierbank and Lanherne Regeneration Project ACCU
Scheme
ERF101308
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 17,274
Big Creek Regeneration Project ACCU
Scheme
ERF138565
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 592
Bimblebox Regeneration Project ACCU
Scheme
ERF105188
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 7,244
Blinky Forest Carbon Project ACCU
Scheme
ERF121336
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 15,475
Boodgherree Regeneration Project ACCU
Scheme
ERF101519
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 8,893
Boonora Downs Human-Induced Regeneration Project ACCU
Scheme
ERF101674
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 4,595
Boothulla Regeneration Project ACCU
Scheme
ERF101249
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 26,163
Bora Regeneration Project ACCU
Scheme
EOP101114
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 21,045
Buckambool Human-Induced Regeneration Project ACCU
Scheme
EOP101263
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 7,677
Byzantium Induced Regeneration of Native Forest Project ACCU
Scheme
ERF103066
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 12,890
Carella Forest Regeneration Project ACCU
Scheme
ERF111290
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 1,034
Catchment Conservation Alliance - Southern Rivers Initiative Site #3 ACCU
Scheme
ERF111058
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 9,250
Catchment Conservation Alliance - Southern Rivers Initiative Site #5 ACCU
Scheme
ERF118274
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 15,633
Central Arnhem Land Fire Abatement (CALFA) Project ACCU
Scheme
EOP100947
Savanna Fire Management Emissions Abatement through Savanna Fire Management 2015 Australia 2021-22 53,066
Cobbrum Native Forest Regeneration Project ACCU
Scheme
ERF119482
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 8,016
Colac Beltram Munberry Haredean (CBMH) Regeneration Project ACCU
Scheme
RF101800
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 8,332
Congararra Regeneration Project ACCU
Scheme
ERF101251
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia2021-22 9,008
Coronga Peak Regeneration Project ACCU
Scheme
ERF101727
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 1,307
Curranyalpa Human-Induced Regeneration Project ACCU
Scheme
ERF101269
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 58
Curraweena Regeneration Project ACCU
Scheme
ERF103258
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 11,250
Darling River Conservation Initiative - Site #2 ACCU
Scheme
ERF123795
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 2,319
Darling River Conservation Initiative - Site #3 ACCU
Scheme
ERF124227
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 3,650
Darling River Conservation Initiative - Site #6 ACCU
Scheme
ERF131090
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 1,274
Darling River Conservation Initiative Site #12 ACCU
Scheme
ERF159764
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 519
Darling River Conservation Initiative Site #7 ACCU
Scheme
ERF131162
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 3,379
Darling River Eco Corridor #30 ACCU
Scheme
ERF118276
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 115
Darling River Eco Corridor 16 ACCU
Scheme
ERF101698
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c1 Australia 2021-22 2,376
Darling River Eco Corridor 27 ACCU
Scheme
ERF115288
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 6,431
Darling River Eco Corridor 3 ACCU
Scheme
ERF103005
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 12,020
Darling River Eco Corridor 9 ACCU
Scheme
ERF103367
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c2 Australia 2021-22 21,310
Gabyon Station Regeneration Project ACCU
Scheme
ERF120883
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 7,535
Hillview Station Regeneration Project ACCU
Scheme
ERF123583
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 1,077
Merita Human Induced Regeneration Project ACCU
Scheme
ERF157476
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 2,236
Mouroubra Station Regeneration Project ACCU
Scheme
ERF124066
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 5,000
Narndee and Boodanoo Regeneration Project ACCU
Scheme
ERF121756
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 48,019
Ninghan Station Regeneration Project ACCU
Scheme
ERF121385
Human-Induced Regeneration Human-Induced Regeneration of a Permanent Even-Aged Native Forest-1.1 2013 c3 Australia 2021-22 7,084
Reedy Creek Landfill Gas Project ACCU
Scheme
EOP101202
Landfill Gas Landfill Gas 2015 Australia 2021-22 6,058
Stapylton Landfill Gas Project ACCU
Scheme
EOP100540
Landfill Gas Landfill Gas 2015 Australia 2021-22 39,587
Wollert Landfill Gas Project ACCU
Scheme
EOP100098
Landfill Gas Landfill Gas 2015 Australia 2021-22 14,458
Woodside Pluto Carbon Offset Project - Stage 1 ACCU
Scheme
EOP100203
Human-Induced Regeneration Reforestation and Afforestation 2013 Australia 2015-201630,736
Woodside Pluto Carbon Offset Project - Stage 1 ACCU
Scheme
EOP100203
Human-Induced Regeneration Reforestation and Afforestation 2013 Australia 2016-201720,831
Woodside Pluto Carbon Offset Project - Stage 2 ACCU Scheme EOP100654 Human-Induced Regeneration Reforestation and Afforestation-1.2 2013 Australia 2015-2016 38,026
Woodside Pluto Carbon Offset Project - Stage 2 ACCU Scheme EOP100654 Human-Induced Regeneration Reforestation and Afforestation-1.2 2013 Australia 2016-2017 4,255
Woodside Pluto Carbon Offset Project - Stage 3 ACCU Scheme EOP100818 Human-Induced Regeneration Reforestation and Afforestation-1.2 2013 Australia 2015-2016 16,321
Woodside Pluto Carbon Offset Project - Stage 3 ACCU
Scheme
EOP100818
Human-Induced Regeneration Reforestation and Afforestation-1.2 2013 Australia 2016-201720,316
Wyndham Landfill Gas Project ACCU
Scheme
EOP100168
Landfill Gas Landfill Gas 2015 Australia 2021-22 7,984
Taiba N'Diaye Wind Power Verra VCS
2588
Renewable - Wind ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sources Senegal 2021 241,702
Taiba N'Diaye Wind Power Verra VCS
2588
Renewable - Wind ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sources Senegal 2022 70,812
Quang Minh Solar Power Project Verra VCS
1964
Renewable - Solar ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sources Viet Nam 2020 10,413
Quang Minh Solar Power Project Verra VCS
1964
Renewable - Solar ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sources Viet Nam 2021 56,201
Quang Minh Solar Power Project Verra VCS
1964
Renewable - Solar ASM0002: Consolidated baseline and monitoring methodology for grid-connected electricity generation from renewable sources Viet Nam 2022 15,673
Carbon credits retired by a third party in relation to non-operated assets92,450 *

The volume is the number of credits retired, each credit represents one tonne of CO2-e.

*details are subject to commercial arrangements including confidentiality obligations.

Industry Initiatives

Industry Initiatives

In 2023, Woodside became the first Australian company to sign the Oil & Gas Decarbonization Charter (OGDC).17 During COP28, the COP28 presidency and the Kingdom of Saudi Arabia announced 50 oil and gas companies had joined the Charter, a global industry initiative dedicated to high-scale impact, and accelerating climate action within the industry.

Signatories to the Charter aim to achieve net-zero operations by or before 2050, near-zero upstream methane emissions and zero routine flaring by 2030, and transparent disclosure of 2030 Scope 1 and 2 emissions ambitions.

Woodside’s efforts to align with OGDC commitments

In 2024, Woodside joined OGMP 2.0. It is the United Nations Environment Programme’s flagship oil and gas reporting and mitigation programme.18 OGMP 2.0 is the only comprehensive, measurement-based reporting framework for the oil and gas industry that improves the accuracy and transparency of methane emissions reporting. This is key to prioritising methane mitigation actions in the sector.

In 2025, Woodside submitted its inaugural report to OGMP2.0. Our Implementation Plan was also recognised as “Gold Standard Pathway” by the UN Environment Programme.

In 2022, Woodside became the first Australasian company to sign the Aiming for Zero Methane Emissions Initiative.19 The initiative was launched by the Oil and Gas Climate Initiative (OGCI) to encourage the oil and gas industry to cut methane emissions to near-zero.20 It calls for an all-in approach that treats methane emissions as seriously as the oil and gas industry already treats safety: aiming for zero and striving to do what is needed to get there. Aiming for Zero acts as a complement for key initiatives such as OGMP 2.0 and the Global Methane Pledge.

In 2025, Woodside's methane performance was ahead of industry benchmarks and targets.21

Launched in 2015, the World Bank’s Zero Routine Flaring by 2030 (ZRF) Initiative commits nearly 100 governments and oil companies, accounting for approximately 60% of total global gas flaring, to end routine flaring no later than 2030. Woodside committed to ZRF in 2017.22


ASEAN Methane
Leadership Program (MLP)

The ASEAN Methane Leadership Program (MLP) links directly to ASEAN’s regional energy and climate goals through fostering collaboration among Southeast Asian countries and energy companies. The MLP aims to build capacity and drive coordinated action across ASEAN members to reduce methane emissions and align with global commitments like the Global Methane Pledge. Woodside has been involved with the ASEAN MLP since 2023.23

The Australian Climate Leaders Coalition (CLC) is a group of cross-sectoral Australian corporate CEOs supporting the Paris Agreement commitments and setting and implementing against public decarbonisation targets. The CLC is action-orientated and provides an open, confidential and authentic forum for CEOs to share the challenges of their decarbonisation journeys. It is inclusive, provides information and case studies, and CEOs undertake collaborative projects to accelerate their organisations towards a net zero carbon economy.

In 2025 the Climate Leaders Coalition published a “Methane Emissions Starter Playbook” aimed at assisting companies in setting their ambitions, leveraging existing knowledge and making progress in methane reduction. Woodside was proud to have contributed to this publication. 24

Footnotes

    Footnotes