Cnooc
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.
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.
Industry Benchmark
Cnooc's score of 13 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cnooc's reported carbon emissions
In 2023, Cnooc reported total carbon emissions of approximately 122,630,000 kg CO2e, comprising 312,714,140 kg CO2e from Scope 1 and 118,074,500 kg CO2e from Scope 2. The company also disclosed Scope 3 emissions of about 11,789,010 kg CO2e, primarily from purchased goods and services. In 2022, Cnooc's emissions were approximately 108,790,000 kg CO2e, with Scope 1 emissions at 283,192,120 kg CO2e and Scope 2 at 101,457,850 kg CO2e, alongside Scope 3 emissions of about 11,425,000 kg CO2e. The trend shows an increase in emissions from 2020, where total emissions were around 9,345,000 kg CO2e, with Scope 1 at 9,123,000 kg CO2e and Scope 2 at 222,000 kg CO2e. Cnooc has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of the global energy sector, which is under increasing pressure to reduce greenhouse gas emissions and transition towards more sustainable practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 8,597,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 186,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000 | 00,000,000 | 00,000,000 |
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.
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.
