Santos

Santos

Community score

-2.22 -55
Industry: Oil & Gas - Exploration & Production
Listing country: Australia
Year added: 2018

Santos is an Australian energy company established in 1954, engaged primarily in the gas production and exploration sector. With its headquarters based in Adelaide, South Australia, the company has carved out a significant presence in the energy market. Its activities span a few critical business sectors which encompass exploration, development, production, and sales of natural gas, liquefied natural gas (LNG), and oil. It also has investments in onshore and offshore gas processing and liquefaction, as well as providing energy solutions through gas-to-electricity projects. Unlike consumer goods companies that operate under multiple brands, Santos has focused its business under its single corporate brand. By concentrating on its core brand, Santos ensures that all products and services are identifiable with the company's reputation and quality. Santos is one of the largest suppliers of natural gas in Australia and plays a vital role in the country's LNG industry with projects like the Gladstone LNG. Beyond its domestic market, Santos has substantial interests in Papua New Guinea through the PNG LNG project, as well as in Timor-Leste, where it is involved with the Bayu-Undan field and the Darwin LNG facility that sources its gas from the Timor Sea. These regions highlight some of the primary areas where Santos has a significant influence on the energy sector, holding key assets and driving sales and production efforts. (Powered by AI)

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Santos

Energy played an integral role throughout human history1;p2. It also serves as a key driver for the mobility of goods and people through cars, aircraft, and railroads and thus boosts economic growth2. In 2022, 82% of the world's energy requirement...

Umer Farooq L. April 6th, 2024
28 ratings
Santos

To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average, the statutory cor...

Bolu F. February 13th, 2024
14 ratings
Santos

Around 3.32 billion people are employed globally as of 20221. Job creation is vital for society, as well as for the economy2. It fuels economic growth as the spending of wages leads to a higher rate of consumer spending3. it reduces poverty as it ...

Muhammad Aqib A. August 10th, 2023
20 ratings
Santos

Globally, in the past five decades, nearly 5.86 million (Mn) tonnes (t) of oil (6.7 Mn m3) has been spilt due to various incidents across the globe1;p11. Oil spills render the area uninhabitable for wildlife and even disturb their physiological pr...

Kanak _. July 13th, 2023
40 ratings
Santos

Pipeline construction has the potential to impact around 300m of vegetation pattern above it1, structurally changing flora and fauna communities and fragmenting habitats2, 3, resulting in the degradation of ecosystems4;p3. Linear infrastructure is...

Abdulmajeed V. June 15th, 2023
22 ratings
Santos

The oil and gas sector is known for poor labor practices in the form of unsafe working conditions for staff and contractors, excessive working hours, bonded labor, lack of adequate protective equipment, etc.1;p10. As of 2021, 50 Million (Mn) peopl...

Renu R. May 30th, 2023
46 ratings
Santos

As per the ILO, for any organization to achieve gender balance, there needs to be 40-60% representation of either gender1;pxii. Women's underrepresentation negatively affects their earning negotiations, promotions, and hiring, impacting their stan...

Ayomide M. April 25th, 2023
36 ratings
Santos

Greenhouse gas emissions (GHG) are responsible for various adverse environmental effects, such as the rise in the planet's average temperature and climate change1. Also, it is reported that over 100,000 climate change-related deaths happen each ye...

Ayomide M. April 18th, 2023
28 ratings
Santos

Globally, 2.01 billion tonnes (t) of waste are produced every year, of which at least 33% are dumped into a landfill without proper management or incinerated in an unsafe manner3. Over 19% are recycled, while 11% are incinerated3. Poor waste manag...

Augustin C. January 30th, 2023
22 ratings
Santos

Around 91% of the global population lives in areas with poor air quality, which is estimated to be the cause of 4.2 million (Mn) premature deaths per year1. Both short and long-term exposure to air pollution presents adverse health impacts1. Long-...

Ajay A. March 20th, 2023
22 ratings

Most negative / positive SDG

+2.50
-3.84