Woodside Energy Limited and the UN Sustainable Development Goals
On 1 January 2016, the United Nations Sustainable Development Goals (SDGs) came into effect. The 17 SDGs aim to tackle some of the world’s most pressing economic, environmental and social issues. Each of the 17 SDGs includes specific targets that cover everything from poverty to human rights, and environmental preservation to climate change. Woodside is already making a positive contribution to the SDGs, examples of which are captured throughout our Sustainable Development Report (SDR) through the display of relevant SDG icons. A list of selected Woodside activities that contribute to the SDGs can be found in the SDR,
find out more.
As a global energy provider, we acknowledge that our activities and operations contribute to some SDGs more than others.
To further align ourselves to the global sustainable development agenda, we mapped our activities and impacts across our value chain against the SDGs and their targets.
This exercise was undertaken so that we could ascertain which SDGs are most relevant to us, and highlight opportunities for further contribution. When assessing which of the 17 SDGs to focus on, the following features were considered:
• Our impacts across the value chain
• The alignment between the SDGs and our future business direction
• The potential to leverage our strengths to ensure our contribution would be meaningful
While our assessment found that Woodside’s activities support all 17 of the goals, we believed our contribution could be maximised by focusing on five key SDGs. This approach was endorsed by the Sustainability Committee in December 2017.
Find out more about how Woodside contributes directly to all 17 SDG's and their targets.
Woodside is well positioned to assist in reducing climate change impacts while also providing a reliable and long-term energy supply to new markets. Access to reliable, sustainable, and affordable sources of energy provides the foundation for economic growth and reduced poverty. We are working to understand and minimise our direct emissions and promote the use of LNG to reduce our customers' emissions, which align with the targets under this goal.
- For every tonne of CO2 emitted by producing LNG, at least 4 tonnes can be avoided by displacing coal-fired power generation. Woodside aims to grow the share of natural gas in the energy mix. For more information refer to page 37 of 2017 SDR.
- In 2016, we set a target to improve energy efficiency by 5% by 2020, which equates to a reduction of 389 ktCO2e. This is a challenging target that requires work-force led optimisation opportunities in our operations. For more information refer to page 39 of 2017 SDR.
- In 2017, Woodside implemented 61 ktCO2e sustainable emissions savings in our operations, with more than half of this abatement attributed to installation of more efficient air filters at Karratha Gas Plant and Pluto LNG Plant. This 61 ktCO2e emissions is equivalent to removing over 28,500 cars from our roads. For more information refer to page 39 of 2017 SDR.
We believe that technology and innovation are essential to unlocking new energy markets and ensuring long-term sustainability. Collaborative programs such as FutureLab, which runs in parallel to the company’s own science and technology department, encourage innovation around robotics, cognitive computing and data analytics. We are also investigating opportunities to incorporate renewable technologies into our operations.
- To accelerate development of the LNG fuels market in the north-west of Australia, construction of a LNG truck–loading facility is being progressed at the Pluto LNG plant. This will allow Woodside’s LNG to be distributed by truck to customers throughout the Pilbara. Three billion litres of diesel is imported into the Pilbara each year. If a third of this was replaced with LNG, it would reduce our customers’ emissions by up to half-a-million tCO₂e.. For more information refer to page 38 of 2017 SDR.
- In 2017, Woodside formalised an agreement with ABB Australia Pty Ltd under which a lithium-ion battery energy storage system will be installed on the Goodwyn A (GWA) platform in the second half of 2018. The installation of the 1 megawatt hour battery will reduce the need for backup capacity (known as spinning reserve) in GWA platform’s power generation system. As a result, it is expected that the use of fuel gas will be reduced by more than 2,000 tonnes per year, allowing for incremental LNG production and delivering an estimated 5% decrease in the platform’s fuel gas emissions. For more information refer to page 40 of 2017 SDR.
- Woodside has invested A$19.4 million on behalf of the NWS Project and Pluto LNG in support of key community infrastructure developments in Karratha. For more information refer to page 51 of 2017 SDR.
We recognise the scientific consensus on climate change and the challenge of providing safe, clean, affordable and reliable energy while reducing emissions in line with the Paris Agreement. We continue to evaluate the potential impacts of climate change on our operations and the environments in which we operate.
- Pluto LNG is Australia’s largest carbon-offset project through a forest carbon sink as part of an A$25 million agreement over 50 years with CO2 Australia. Over 42.2 million Blue Mallee trees have been planted in over 17,125 hectares. For more information refer to page 48 of 2017 SDR.
- We support research on the impacts of coral bleaching and recovery to coral reefs in Western Australia (e.g. Ningaloo, Rankin Bank, Rowley Shoals, Scott Reef). For more information refer to page 49 of 2017 SDR.
- In 2017, Woodside joined CO2CRC group’s board (formerly the CO2 Cooperation Research Council). The CO2CRC is developing technology and expertise to support the long term commercialisation of carbon capture and storage (CCS). For more information refer to page 38 of 2017 SDR.
With operations offshore, we understand the imperative to minimise our impacts on ocean environments. Our approach to understanding the diverse environments in which we operate is supported by partnerships with research organisations that deliver robust scientific data and environmental knowledge.
- Woodside has internal procedures to ensure management to prevent an oil spill or major incident. The Process Safety Management is a framework that manages integrity across the value chain and assets lifecycle. In 2017, Woodside had zero Tier 1 or Tier 2 Loss of Primary Containment (LoPC) Process Safety Events. For more information refer to page 42 of 2017 SDR.
- Woodside conduct annual benchmarking of Woodside’s spill preparedness using the Readiness Evaluation tool for Oil Spills (RETOS) Global Spill Benchmarking Tool. Woodside’s current self-assessment received a score of 99%. Focus on the four key pillars for hydrocarbon spill preparedness and response: on contingency planning; competency (training and testing arrangements); capability (equipment and specialist services); compliance and assurance (meet local, national and international legislation and conventions). For more information refer to page 38 of 2017 SDR.
- We have a long history of collaborating with government-funded and non-government research organisations, academic institutions and scientific experts. The scientific data and knowledge collected as a result of our environmental partnerships assists us to understand the environments in which we operate, evaluate potential impacts and be informed to make the right decisions on environmental management. We share this knowledge transparently with governments, regulators and communities to support better environmental outcomes more broadly. For more information on our key environmental partnerships, including our long standing partnerships with Western Australian Museum (WAM) and Australian, refer to page 49 of 2017 SDR.
We recognise that partnerships are essential to delivering meaningful contributions given the global nature of the SDGs. We collaborate with a variety of partners to improve community and environmental outcomes and solve real-world problems. We seek to partner with organisations that have similar values and are committed to real outcomes.
- Working sustainably is one of our core values and we recognise the vital role strategic partnerships have in assisting the communities in which we operate to be more sustainable. We are proud to partner with a wide variety of organisations and support programs that contribute to a more innovative, inclusive and resilient community and environment. We have an extensive range of the SDR providing a brief overview of some f our key focus areas and examples of the organisations we work with to achieve sustainable outcomes. For more information refer to page 60 of the 2017 SDR.