Thriving Through the Energy Transition Investor Presentation
11 März 2024 - 11:08PM
Business Wire
Woodside CEO Meg O’Neill will brief investors on Woodside’s
Climate Transition Action Plan (CTAP) and 2023 Progress Report
today at 09:30 AEDT / 06:30 AWST / U.S. 17:30 CDT (Monday, 11 March
2024). The CTAP was released on 27 February 2024.
A live webcast of the briefing will be available at
https://webcast.openbriefing.com/wds-march-update-2024/, and a
presentation will be available at www.woodside.com.
Ms O’Neill said the CTAP contained additional information,
requested by investors, about Woodside’s approach to climate change
and the energy transition. This includes further detail on
Woodside’s potential pathway to net zero Scope 1 and 2 net equity
emissions by 2050, and the introduction of a new Scope 3 target to
take final investment decisions for 5 million tonnes of CO2
equivalent abatement capacity per annum. This complements the
existing target to invest $5 billion, in new energy products and
lower carbon services by 2030.
“I firmly believe Woodside is built to thrive through the energy
transition and our Climate Transition Action Plan shows how we plan
to achieve this. Our climate strategy is integrated throughout our
corporate strategy as we provide the energy our customers need
today and into a lower carbon future, create and return value to
shareholders, and conduct our business sustainably.
“We have engaged extensively and listened carefully to feedback
from our shareholders, who have asked for more detailed information
about our climate action plans and the role of gas in a lower
carbon world.
“Our Climate Transition Action Plan delivers on this feedback,
outlining Woodside’s confidence in a sustained role for natural gas
through the energy transition, while providing additional
information on our plans and progress to reduce net equity Scope 1
and 2 emissions and to invest in new energy products and lower
carbon services for the transition.”
Woodside’s CTAP will be put to an advisory vote of shareholders
at the company’s 2024 Annual General Meeting to be held on 24 April
2024 at 12:00 AEST / 10:00 AWST / 21:00 CDT (Tuesday, 23 April
2024).
This announcement was approved and authorised for release by
Woodside’s Disclosure Committee.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240311537908/en/
INVESTORS Marcela Louzada M: +61 456 994 243 E:
investor@woodside.com
MEDIA Christine Forster M: +61 484 112 469 E:
christine.forster@woodside.com
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