Public Profile

CNOOC Limited

CNOOC Limited, also known as China National Offshore Oil Corporation, is a leading player in the global energy sector, headquartered in Beijing, China. Founded in 1999, CNOOC has established itself as a prominent oil and gas exploration and production company, with significant operations in offshore regions across Asia, Africa, and the Americas. Specialising in the exploration, development, and production of oil and natural gas, CNOOC is recognised for its advanced technology and commitment to sustainable practices. The company has achieved notable milestones, including becoming one of the largest independent oil and gas producers in China. With a strong market position, CNOOC Limited continues to innovate and expand its portfolio, contributing significantly to the energy landscape both domestically and internationally.

DitchCarbon Score

How does CNOOC Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

7

Industry Average

Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

12

Industry Benchmark

CNOOC Limited's score of 7 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

CNOOC Limited's reported carbon emissions

CNOOC Limited, headquartered in China, reported significant carbon emissions in recent years. In 2023, the company emitted approximately 12,263,000,000 kg CO2e, with Scope 1 emissions accounting for about 10,779,000,000 kg CO2e and Scope 2 emissions at approximately 1,484,000,000 kg CO2e. This marked an increase from 2022, where total emissions were about 10,879,000,000 kg CO2e, with Scope 1 at approximately 9,779,000,000 kg CO2e and Scope 2 at around 1,101,000,000 kg CO2e. In 2021, CNOOC's emissions were about 10,305,000,000 kg CO2e, with Scope 1 emissions of approximately 9,774,000,000 kg CO2e and Scope 2 emissions of about 531,000,000 kg CO2e. The company has shown a trend of increasing emissions over the years, with 2020 emissions reported at approximately 9,345,000,000 kg CO2e. Despite the rising emissions, CNOOC Limited has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced transparency and accountability in their climate strategy. As the industry faces increasing scrutiny regarding carbon footprints, CNOOC's future commitments will be crucial in aligning with global climate goals.

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201820192020202120222023
Scope 1
7,345
0,000
0,000,000,000
0,000,000,000
0,000,000,000
00,000,000,000
Scope 2
135
000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CNOOC Limited's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. CNOOC Limited is headquartered in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

CNOOC Limited is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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