Sustainability at Santos
Sustainability at Santos
Sustainability is a way of doing business that improves outcomes for employees, shareholders, business partners and the communities in which we operate.
We do this by considering a comprehensive set of criteria beyond traditional economic measures that assess the full impact of Santos’ activities and enables better business decisions through a deeper understanding of their impact.
Put simply, sustainability means doing the right thing.
As well as producing positive outcomes for all stakeholders, sustainability improves Santos’ efficiency and profitability as it strives for a leadership position in the external energy market place.
Sustainability Report 2009
Santos’ Sustainability Report 2009 provides a concise summary of the Company’s performance across all of its operations in 2009.
We welcome your feedback. Please take a few minutes to tell us what you think of the Sustainability Report 2009 by clicking here.
This report has been developed based on input from its stakeholders including employees, contractors, non-government organisations, regulators, investor research firms, shareholders and the broader public.
Santos’ Sustainability Report aims to provide these stakeholders with further insight into Santos’ approach to sustainability and its performance across a comprehensive suite of indicators.
Recognition of Santos’ sustainability performance
- Listed in the Carbon Disclosure Project Report Australia New Zealand leaders index.
- Included in Sustainable Asset Management’s The Sustainability Yearbook 2009.
- Listed in the top 10% of the DJSI Asia Pacific Index.
- Included in the leaders top 10% Australian Sustainability Index.
- Awarded a five-star rating in the WHK Horwath Corporate Governance Report 2009 for the sixth time.
- Achieved a category A rating for ‘excellent carbon reporting’ in the WHK Horwath Corporate Governance Report 2009.
Santos Sustainability Achievements 2009
| Environment |
|---|
| • Santos improved the energy efficiency of production, four projects were implemented saving 1,095 TJ of gas per year. |
| • Coal seam gas water management plan will deliver treated water for two million Chinchilla white gums in eastern Queensland. |
| • Santos’ greenhouse gas emissions profile has reduced from over 5 million tonnes in 2005 to approximately 3.5 million tonnes. |
| Community |
|---|
| • Santos announced more than $6.5 million of new community initiatives including the Great Bike Ride in Perth, Adelaide Zoo, the Botanic Gardens of Adelaide, Queensland Art Gallery, Stock Up for Hope charity drove, Starlight Children’s Foundation, Come Out Youth Festival and Independence Day celebrations in Indonesia. |
| • Extensive community consultation was conducted in Queensland including 35 community information sessions in 11 locations, more than 240 stakeholder briefings and more than 250 formal responses to enquiries. |
| Our people |
|---|
| • Focused safety programs reduced the total recordable injuries per million hours worked by 38% to a new record low for Santos. |
| • Santos responded decisively during the economic downturn with a temporary pay freeze. During this period employee turnover reduced to just 3.5%. |
| Economic |
|---|
| • Santos announced the next major step in its transformational growth strategy with approval of the PNG LNG project. |
| • Santos’ year-end 2P reserves increased for the sixth successive year, taking the company’s total 2P reserves to 1.44 billion barrels of oil equivalent. |