China Oilfield Services Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
China Oilfield Services Limited's score of 4 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Oilfield Services Limited's reported carbon emissions
In 2023, China Oilfield Services Limited (COSL) reported total carbon emissions of approximately 1,186,092,250 kg CO2e from Scope 1 and 35,917,690 kg CO2e from Scope 2. This represents a slight increase in Scope 1 emissions compared to 2022, where emissions were about 1,129,716,040 kg CO2e, and Scope 2 emissions were approximately 22,064,440 kg CO2e. In 2021, COSL's emissions were approximately 1,115,057,000 kg CO2e for Scope 1 and about 18,289,000 kg CO2e for Scope 2. Over the two-year period from 2021 to 2023, the company has seen a general upward trend in emissions, particularly in Scope 1. Despite these figures, COSL has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests that while the company is aware of its emissions, it may not yet have formalised commitments to reduce them in line with industry standards. As a major player in the oilfield services sector, COSL's emissions profile is significant, and the company operates in a context where increasing pressure exists to adopt more sustainable practices and reduce greenhouse gas emissions.
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| 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 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
China Oilfield Services Limited is not participating in any of the initiatives that 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.
