China Oilfield Services Limited (COSL), headquartered in Beijing, China, is a leading player in the oil and gas industry, specialising in offshore and onshore drilling services. Founded in 2000, COSL has established a strong presence in major operational regions, including the South China Sea and various international markets. The company offers a comprehensive range of services, including drilling, well services, and marine support, distinguished by its advanced technology and commitment to safety. COSL's innovative approach has positioned it as a key service provider in the energy sector, contributing to significant milestones in offshore exploration and production. With a robust market position, COSL has achieved notable recognition for its operational excellence and environmental stewardship, making it a trusted partner for energy companies worldwide.
How does China Oilfield Services 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.
Mean score of companies in the Crude Oil Extraction 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.
China Oilfield Services Limited's score of 2 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Oilfield Services Limited reported total carbon emissions of approximately 1,186,209,250 kg CO2e, comprising about 1,182,609,250 kg CO2e from Scope 1 emissions and around 35,917,690 kg CO2e from Scope 2 emissions. This reflects a slight increase in emissions compared to 2022, where the company recorded approximately 1,129,716,040 kg CO2e in Scope 1 and about 22,064,440 kg CO2e in Scope 2 emissions. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Despite the increase in emissions, there are currently no specific reduction targets or climate pledges outlined by the company. This lack of formal commitments may reflect broader industry challenges in addressing carbon emissions effectively. Overall, while China Oilfield Services Limited has made strides in transparency regarding its emissions, the absence of reduction initiatives or targets indicates a potential area for improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,115,057,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 18,289,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
China Oilfield Services 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.