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 0 is lower than 94% 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 carbon emissions data that is not explicitly detailed in terms of absolute figures for Scope 1, 2, or 3 emissions. However, the company has provided production emission factors, indicating carbon dioxide emissions for an output value of RMB10,000 at approximately 4.132 kg CO2e. This figure reflects the company's operational efficiency in relation to its revenue, which was about USD 6.22 billion in 2023. Looking back at previous years, the production emission factors were approximately 4.471 kg CO2e for 2022 and 5.23 kg CO2e for 2021, suggesting a gradual improvement in emissions intensity relative to revenue. Despite these figures, COSL has not disclosed specific targets for emissions reduction or climate commitments, nor has it reported any initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. It is important to note that COSL's emissions data is cascaded from its corporate family, with the source organization being China Oilfield Services Limited itself. As a current subsidiary, it does not inherit specific reduction targets from a parent company. Overall, while COSL has shown some progress in emissions intensity, the lack of detailed emissions data and formal reduction commitments indicates an area for potential improvement in its climate strategy.
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.
