Santos
Santos is a publicly listed integrated company headquartered in Australia. In 2020, it had USD 3.39 billion in revenue and a reported 2,722 employees*. Santos mainly supplies natural gas and liquefied natural gas (LNG) to Australia and the Asia-Pacific region. It plans to expand natural gas production while using carbon capture technology and blue hydrogen production for its low-carbon transition.
- Ranking position
- #30 /100
- Total score
- 15.7 /100
- Performance score
- 1.6 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Santos receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company’s scope 1, 2 and 3 emissions intensity is projected to remain flat, whilst the projected reduction in scope 1 and 2 emissions intensity is not expected to align with the company’s 1.5°C pathway. It has an ambitious target, but its impact on future emissions cannot be assessed due to it relying on an undisclosed proportion of nature-based offsets. The company’s ambition to expand its hydrocarbon production relies on its plans to invest in a blue hydrogen production business model and undertake CCS at scale. The successful implementation of these activities are crucial for the company to meet its scope 1 and 2 emissions intensity reduction targets and achieve its low-carbon transition plan.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Adelaide, Adelaide, Australia
- Group revenue
- USD 3.39 billion
- Ownership structure
- Publicly listed
- Number of employees
- 2,722
- Scope of activity
- Integrated
- Website
- https://www.santos.com/