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Woodside Outlines Commitment to Sustainable Energy Future
Company Announcements

Woodside Outlines Commitment to Sustainable Energy Future

Woodside Energy Group Ltd (WDS) has released an update.

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Woodside Energy Group Ltd has presented its Climate Transition Action Plan, indicating robust progress towards their 2023 emission reduction targets and outlining a commitment to invest $5 billion in new energy and lower carbon services by 2030. The company has linked executive remuneration to climate goals, with climate metrics constituting 15% of the total scorecard to encourage alignment with their strategic climate objectives. Highlighting a confident stance in the energy sector’s changing landscape, Woodside emphasizes its adaptability and pursuit of sustainable business practices to thrive through the energy transition.

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