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Gas/Diesel Oil
CN
updated 10 days ago

Cnooc

Company website

CNOOC Limited, commonly known as CNOOC, is a leading Chinese offshore oil and gas producer headquartered in Beijing, China. Established in 1998, the company has rapidly expanded its operations across major regions, including the South China Sea, Bohai Bay, and international markets in Africa and North America. CNOOC primarily focuses on the exploration, development, and production of oil and natural gas, distinguishing itself through advanced technology and a commitment to sustainable practices. The company has achieved significant milestones, including becoming one of the largest independent oil and gas companies globally. With a robust portfolio of core products and services, CNOOC is well-positioned in the energy sector, recognised for its operational efficiency and strategic partnerships. Its notable achievements underscore its status as a key player in the global energy landscape.

DitchCarbon Score

How does Cnooc'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.

5

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.

9

Industry Benchmark

Cnooc's score of 5 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Cnooc's reported carbon emissions

In 2023, Cnooc reported total carbon emissions of approximately 12,263,000,000 kg CO2e, comprising about 10,779,000,000 kg CO2e from Scope 1 emissions and about 1,484,000,000 kg CO2e from Scope 2 emissions. This represents an increase from 2022, when 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 about 1,101,000,000 kg CO2e. Cnooc's emissions have shown a consistent upward trend over the past few years, with total emissions in 2021 at about 10,305,000,000 kg CO2e, and in 2020 at approximately 9,345,000,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or initiatives as part of its climate commitments. Cnooc's emissions data is not cascaded from any parent organization, and the company does not currently participate in initiatives such as the Science Based Targets initiative (SBTi) or similar climate pledges. The absence of reduction targets indicates a potential area for improvement in their climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
8,597,000,000
0,000,000,000
0,000,000,000
0,000,000,000
00,000,000,000
Scope 2
186,000,000
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'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. This request for Cnooc is 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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