Viva Energy Group
Viva Energy Group Ltd is a publicly listed semi integrated oil and gas company headquartered in Australia. In 2020, it had USD 9.56 billion in revenue and a reported 700 employees*. Viva owns one of Australia's last two oil refineries. Apart from a few low-carbon pilot projects, there is limited evidence to suggest the company is preparing for the low-carbon transition.
- Ranking position
- #64 /100
- Total score
- 3.3 /100
- Performance score
- 1.4 /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
Viva receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company’s lack of transparency on its emissions and activities means that its future emissions performance could not be estimated. The company has a few low-carbon business activities that are in the pilot stage. However, in the absence of growth targets and deployment schedules it is unclear how committed the company is to scaling up these activities. With no emissions reduction targets or detailed low-carbon transition plan, Viva Energy is likely to diverge further from its 1.5°C pathway.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Melbourne, Melbourne, Australia
- Group revenue
- USD 9.56 billion (AUD 12.40 billion)
- Ownership structure
- Publicly listed
- Number of employees
- 700
- Scope of activity
- Semi Integrated
- Website
- https://www.vivaenergy.com.au