Transcription of A clear pathway to net zero emissions by 2040
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A clear pathway to net zero emissions by 2040
A clear pathway to net zero emissions by 2040 Annual Report 2020 Santos Limited ABN 80 007 550 923 This Annual Report 2020 is a summary of Santos operations, activities and financial position as at 31 December references to dollars, cents or $ in this document are to US currency, unless otherwise electronic version of this report is available on Santos website, Santos Corporate Governance Statement can be viewed at: Cover image:Santos has a number of natural advantages to deliver carbon capture and storage at scale and zero- emissions hydrogen from our position in the Cooper About Santos2 Financial Overview4 Message from the Chairman and from the Managing Director and Chief Executive Officer6 Board of Directors9 Santos Leadership Team12 Reserves Statement16 Directors Report31 Remuneration Report59 Financial Report133 Directors Declaration134 Independent Auditor s Report140 Auditor s Independence Declaration141 Securities Exchange and Shareholder Information143 Glossary144 Corporate DirectorySantos Annual Report 2020 / 1 About SantosAn Australian energy pioneerA proudly Australian company, Santos is a leading supplier of natural gas, a fuel for the future, providing clean energy to improve the lives of people in Australia and is already Australia s biggest domestic gas supplier.
Importantly, the portfolio, including corporate costs, also needs to generate free cash low at this price. Disciplined and phased growth to 120 mmboe ... fuels company at the forefront of the energy transition to a lower-carbon future. New ambitious roadmap to net zero emissions by 2040 In December 2020, we announced
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