Our seven sustainability pillars support the implementation of our strategy. We focus on managing risks and opportunities to drive long-term shareholder value while considering broader environmental and social impacts.
Our sustainability pillars
At Santos, sustainability is about building a better future by creating long-term value for our stakeholders. We seek to balance the needs of today, supplying reliable and affordable energy, with the need to transition to a lower carbon future.
We have a framework based on seven sustainability pillars which underpin the delivery of our strategy and are essential to Santos’ efforts to consider the environment and social impacts of our activities. The pillars provide structure for our materiality process, risks and opportunities and setting sustainability objectives and targets to help guide our strategy, monitor performance and manage our material issues.
Our pillars are outlined below. We have set Company targets and linked them to global goals and objectives. Click on each pillar to learn more and read the related material topics.
We incorporate robust governance structures designed to ensure our sustainability efforts align with best practices and are accountable. This includes:
Ethical conduct: A focus on ethical business practices enables operations to comply with international and local regulations, and underpins us maintaining high standards.
Sustainability oversight: Sustainability initiatives are integrated into the overall business strategy, with oversight by the Board and executive leadership.
Click here to learn more about Governance
We integrate health and safety into every aspect of our operations, creating a strong safety culture where every team member is responsible for maintaining safe work practices.
Santos integrates process safety and asset integrity into its sustainability framework to prevent major incidents and foster safe, reliable operations.
We take steps to minimise environmental impacts on local ecosystems. This includes habitat restoration and careful monitoring to assist compliance with environmental regulations. We include measures to protect groundwater and minimise usage through recycling and advanced management techniques.
Santos has established protocols and technologies to prevent spills and require swift responses to any incidents that could impact the environment. Additionally, the company takes proactive corrective actions to drive continuous improvement in environmental management practices.
We have set decarbonisation goals, including net-zero equity Scope 1 and equity Scope 2 emissions targets, and a long-term aspiration to store more carbon than we emit (Scope 1, 2 and 3 equivalent).[1, 5]
We advocate for the critical role natural gas will play in the energy transition in moving towards a lower carbon future.
Click here to read more about our Climate pillar
For more on our Climate Transition Action Plan, click here.
[1] Refer to our Climate Report (page 68) for further information on this sustainability pillar and our targets.
[5] Refer to ‘important notices’ at the front of this report for further information about this target.
We strive for a diverse and inclusive workplace culture and aim to foster an environment where employees from different backgrounds and experiences are valued and respected. This is reflected in our policies and initiatives that support gender balance, Indigenous and national representation and equal opportunities.
We invest in training and development programs to build employees’ skills and support their career growth. This includes technical training, leadership development and mentorship programs that help employees achieve their full potential.
Click here to learn more about our People and Culture pillar
We are committed to building strong relationships with all communities including Indigenous communities and respecting their land rights and cultural heritage.
We aim to support local economies by creating jobs, sourcing materials locally, and contributing to community development.
Click here to learn more about our Community relations pillar
We contribute to job creation and local employment to support economic stability and growth. We work with local businesses to support local and Indigenous participation through our supply chain.
We also invest in local communities to improve living standards, build respectful relationships and create stronger communities in the areas where we operate.
Click here to read more about our Economic sustainability pillar
Quick links
2024 Sustainability and Climate Report
The Sustainability and Climate reports were integrated into the 2024 Annual Report, as such the Sustainability Report can be found on Page 24 and Climate Report on Page 68 of the 2024 Annual Report.
Sustainability and Climate Report 2023
2023 Sustainability Report
2023 Climate Change Report
2022 Sustainability Report
2022 Climate Change Report
2021 Sustainability Report
2021 Climate Change Report
2020 Sustainability Performance Report
2020 Climate Change Report
2019 Climate Change Report
2018 Climate Change Report