Our Principles

​​​​​Our principles are integral to our company's drive to become a global leader in upstream oil and gas which underpins our company mission, vision and values. At Woodside, sustainability encompasses not just the environmental footprint we leave on the air, water and land but also our long-term engagement with communities.

Our Principles

Operating with transparency and integrity
We are open, honest and fair and we have the courage to do what’s right, balancing short- and long-term interests. This section focuses on our values-led approach in the areas of regulatory compliance, code of conduct anti-bribery and corruption, payment transparency and human rights.Learn more

Organisation and culture
We focus on having a values-led, high-performance culture. We develop our people so we can meet our own leadership and technical requirements. All employees are assessed against the company values in their performance reviews. This section focuses on how we are growing outstanding leadership, building diverse capability from within and driving an inclusive high-performing culture enabled by technology.

Building a resilient business
We acknowledge economic risks and uncertainties in a changing world. We are committed to supporting a sustainable energy future. This section focuses on the future we see for oil and gas and on our ability to build a resilient business capable of responding to challenges and creating new opportunities.
Operating responsibly
We believe that it is our responsibility to ensure that our operations are safe. Effective risk management is essential to ensuring that we are best positioned to prevent and respond to any incidents that have the ability to impact our people, our communities and our environment. This section focuses on the personal health and safety of our employees, the integrity of our facilities, our ability to respond appropriately to unplanned events, our community engagements and our environmental performance. An overview of stakeholder engagement is also included.

Creating shared value
We understand that our social licence to operate relies on establishing and maintaining meaningful and long-lasting relationships with our stakeholders. We believe that there is shared value for our business and our communities in the co-creation of opportunities in education, employment and enterprise as well as supporting communities to be resilient maximise the value of these opportunities. This section focuses on our economic and social contribution, commitment to indigenous relationships and opportunities and a summary of our supply-chain performance.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Find out more about our principles​ in the Sustainable Development Report 2016. ​​​​​