ACCR Company Engagement Woodside Petroleum Ltd

Woodside Petroleum Limited is the largest operator of oil and gas production in Australia.

Founded in 1954 and headquartered in Perth, Woodside shares were first listed on the ASX in 1971. It is also Australia’s largest independent dedicated oil and gas company. WPL has a portfolio of offshore platforms, oil floating production storage and off-loading vessels. Woodside also holds operating assets both in Australia and internationally.

Updates

  1. Media release

    Woodside claims to be reducing emissions by increasing emissions

    Woodside’s targets do not address the much larger issue of Scope 3 emissions, ignoring the demands of half of its shareholders to take responsibility for the emissions from the gas it sells.

  2. Media release

    Woodside and BHP Scarborough project conflicts with a net zero future

    The Woodside and BHP Scarborough project is at odds with the expectations of investors for companies to align their capital expenditure and decarbonisation strategies with the Paris Agreement.

  3. Media release

    New Woodside CEO must be allowed to determine new growth strategy

    “The board has made the right decision to move Peter Coleman on, allowing the new CEO the clear air to determine a new strategy less focused on growing gas production."

  4. Media release

    Woodside adopts ‘Say on Climate’

    We welcome the move by Woodside Petroleum (ASX:WPL) to adopt the Say on Climate initiative and provide shareholders with a non-binding vote on the company’s Climate Change Report at next year’s AGM.

  5. Briefing note

    Investor briefing: Shareholder Resolutions to Woodside Petroleum Ltd to adopt Say on Climate reporting

    An annual Say on Climate will provide shareholders with a non-binding advisory vote on Woodside's plan to reduce emissions and its performance against that plan.

  6. Media release

    Say on Climate launches with resolutions to Santos and Woodside

    “The Say on Climate framework will provide shareholders with the opportunity to send a clear signal to the board about whether the company is effectively managing the risks of climate change.”

  7. Shareholder Resolution

    ACCR Shareholder Resolutions to Woodside Petroleum Ltd to adopt Say on Climate reporting

    ACCR has filed Shareholder Resolutions to Woodside Petroleum (ASX: WPL) asking for an annual vote on the adoption of a Climate Report consistent with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Climate Action 100+ Net-Zero Company Benchmark as developed by institutional investors.

  8. Media release

    Woodside climate targets: uninspiring business as usual

    Woodside’s newly announced climate targets are a disappointment to the investor community, demonstrating that the existing Board and Executive are simply not capable of delivering a transition consistent with limiting global warming to well below 2 degrees celsius.