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 5 is lower than 74% 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 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 a notable increase from 2022, when total emissions were about 10,879,000,000 kg CO2e, with Scope 1 emissions at approximately 9,779,000,000 kg CO2e and Scope 2 emissions at about 1,101,000,000 kg CO2e. Over the past few years, Cnooc's emissions have shown fluctuations, with 2021 emissions recorded at about 10,305,000,000 kg CO2e, including approximately 9,774,000,000 kg CO2e from Scope 1 and about 531,000,000 kg CO2e from Scope 2. In 2020, the company emitted around 9,345,000,000 kg CO2e, while in 2019, emissions were about 8,783,000,000 kg CO2e. Despite these figures, Cnooc has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of defined climate pledges or targets suggests a need for enhanced commitment to climate action within the industry context. As a major player in the energy sector, Cnooc's emissions profile highlights the ongoing challenges faced by fossil fuel companies in addressing climate change and transitioning towards more sustainable practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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
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.
