Sustainability Strategy and Plan

The Sustainability Strategy supports our Corporate Strategy and places an increased focus on those sustainability topics most relevant to our current business activities and the communities where we are active.

Overview

We apply a sustainability mindset to guide decision-making at all levels of the business.

We have included information on our material sustainability topics within the Annual Report and include additional supporting information on our website.

Our Sustainability Strategy, supports our Corporate Strategy and continues to consider relevant sustainability-related potential risks and opportunities. The Sustainability Strategy places an increased focus on those sustainability topics most relevant to our current business activities and the communities where we are active.

Woodside Sustainability Strategy

Our Sustainability Strategy is built on the foundation of the following principles:

Integrity, accountability and transparency Integrity, accountability and transparency drive our environmental, social and governance aspirations and guide decision-making at all levels of our business
Responsible operations We strive to operate responsibly across our business activities.
Social performance Enduring and meaningful relationships with communities are fundamental to our social performance.
People and culture We recognise that our success is driven by our people and our culture. We value diversity and we strive to keep each other safe.

Guided by the above, our Sustainability Strategy identifies the Woodside-wide strategic sustainability topics.

Woodside Sustainability Plan

Our Corporate Sustainability Plan details the implementation of activities to closely monitor and where possible optimise our performance for our material sustainability topics.

View more below
Health, safety and wellbeing
Objective
  • Operating safely and protecting the health of our workforce
Key Focus Areas
  • Improve personal safety and wellbeing outcomes
  • Improve process safety outcomes
Climate
Objective
  • Our aspiration to thrive through the energy transition with a low-cost, lower-carbon, profitable, resilient and diversified portfolio1
Key Focus Areas
  • Reduce our net equity Scope 1 and 2 greenhouse gas emissions
  • Invest in products and services for the energy transition
  1. For Woodside, a lower-carbon portfolio is one from which the net equity Scope 1 and 2 greenhouse gas emissions, which includes the use of offsets, are being reduced towards targets, and into which new energy products and lower-carbon services are planned to be introduced as a complement to existing and new investments in oil and gas. Our Climate Policy sets out the principles that we believe will assist us achieve this aim.
First Nations cultural heritage and engagement
Objective
  • Create positive economic, social and cultural outcomes that leave a lasting legacy with First Nations communities
Key Focus Areas
  • Delivery of Reconciliation Action Plan in Australia
  • First Nations and cultural heritage requirements in the areas where we are active
  • First Nations partnerships in the areas where we are active
Environment and biodiversity
Objective
  • Embed environmental and biodiversity management and opportunities in our approach.
Key Focus Areas
  • Develop waste and water management framework
  • Scientific innovation and technology to support better environmental management outcomes
  • Deliver positive biodiversity outcomes in regions we operate in
Health, safety and wellbeing
Climate
First Nations cultural heritage and engagement
Environment and biodiversity

Sustainability links

Click the links below to navigate through to more sustainability pages.

Sustainability Strategy and Plan
Sustainability governance
Materiality for sustainability topics
United Nations Sustainable Development Goals
Environment
Social
Governance
Sustainability Databook
Last updated: 24/02/2025 4:01:41 PM