Woodside Energy Group Ltd.
Industry Group: Oil & Gas Producers
Country/Region: Australia
Identifier: ASX:WDS
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 20 out of 301
Universe
Global Universe 8546 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Texas Pacific Land Corp. |
14.1
Low
|
4 out of 301 |
Woodside Energy Group Ltd. |
26.5
Medium
|
20 out of 301 |
Devon Energy Corp. |
31.6
High
|
42 out of 301 |
Hess Corp. |
32
High
|
45 out of 301 |
Diamondback Energy, Inc. |
37.3
High
|
85 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Woodside Energy Group Ltd.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Woodside Energy Group Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Woodside Energy Group Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Woodside Energy Group Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level