Woodside Energy Group Ltd 2020 AR2
The report highlights Woodside's operations and financial performance for the fiscal year 2020. Despite challenging market conditions and the COVID-19 pandemic, the company achieved a record annual production of 100.3 MMboe and its best-ever safety performance with a total recordable injury rate of 0.88. Financially, Woodside reported an underlying net profit after tax of $447 million, though it recorded a statutory net loss of $4,028 million due to significant asset impairments. The company also established new near- and medium-term greenhouse gas emissions reduction targets of 15% by 2025 and 30% by 2030 on its pathway to net zero by 2050.
Company: Woodside Energy Group Ltd
Sector: Energy
Country: Australia
Year: 2020
Type: AR2
Pages: 140
Woodside Energy Group Ltd
Annual Report
The report highlights Woodside's operations and financial performance for the fiscal year 2020. Despite challenging market conditions and the COVID-19 pandemic, the company achieved a record annual production of 100.3 MMboe and its best-ever safety performance with a total recordable injury rate of 0.88. Financially, Woodside reported an underlying net profit after tax of $447 million, though it recorded a statutory net loss of $4,028 million due to significant asset impairments. The company also established new near- and medium-term greenhouse gas emissions reduction targets of 15% by 2025 and 30% by 2030 on its pathway to net zero by 2050.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees