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.

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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