The beginnings of an Australian iconEXPLORE AMPOL'S HISTORY
Ampol is an independent Australian company and the nation’s leading transport energy provider.
Ampol Limited (previously Caltex Australia Limited) returned to its iconic Australian name following shareholder approval on 14 May 2020 and our transition to the Ampol brand across our retail network is complete.
We supply the country’s largest branded petrol and convenience network, as well as refining, importing and marketing fuels and lubricants. Recently we launched our electric vehicle charging and home electricity solutions to ensure we deliver to our customers changing energy needs. We have a deep history spanning over 120 years, having grown to become the largest transport fuels company and we are also listed on the Australian Securities Exchange (ASX).
Ampol supplies fuel to approximately 80,000 customers in diverse markets across the Australian economy, including defence, mining, transport, marine, agriculture, aviation and other commercial sectors. Across our retail network, we serve approximately three million customers every week with fuel and convenience products, as well as electric vehicle charging at selected locations.
Our ability to service our broad customer base is supported by our robust supply chain and strategic infrastructure positions across the country, which include 16 terminals, 6 major pipelines, 55 wet depots, over 1,800 branded sites (including approximately 690 company operated retail sites) and one refinery located in Lytton, Queensland. This network is supported by over 8,300 people across Australia and overseas.
In recent years, we have deployed the capabilities of our Australian business to expand our supply chain and operations into international markets. This includes our Trading and Shipping business that operates out of Singapore and Houston in the USA, and our international storage positions across the Asia-Pacific region. We also have a growing presence in New Zealand as the owner of Z Energy Limited, the trusted and iconic New Zealand brand which sells approximately 40% of all fuel volumes across New Zealand. Ampol also owns a 20% equity interest in Seaoil, a leading independent fuel company in the Philippines.
In May 2021, Ampol released its future energy and decarbonisation strategies, which sets out our plans to transition our business to future fuels and energy solutions, in line with customer demand and technology availability, and our ambition to achieve net zero emissions across our operations by 2040, including interim targets. As Australia’s largest fuels provider, Ampol has an important role to play in reducing our own emissions, as well as the emissions of our customers. Our integrated business generates strong cash flows, compelling returns, diversified earnings and provides a strong foundation to evolve into new areas aligned to the energy transition. We have committed to a minimum $100 million investment by 2025, to ensure we have the low carbon solutions that will meet the needs of our customers well into the future.
In 2022, we refreshed our sustainability strategy to align more closely to our purpose and corporate strategy, and covering all the geographies that we operate in. We recognise that we need to take a responsible and long‑term view to deliver enduring value for our customers, shareholders, our people and Australian communities. We have set principles that will guide our approach to sustainability. We have also prepared a roadmap detailing the activities we plan to undertake in order to progress the 2025 commitments and 2030 goals we have set, to ensure we are powering positive environmentally and socially sustainable outcomes in the communities in which we operate.