CNOOC Limited Sustainability Profile
CNOOC Limited, also known as China National Offshore Oil Corporation, is a leading player in the global energy sector, headquartered in Beijing, China. Founded in 1999, CNOOC has established itself as a prominent oil and gas exploration and production company, with significant operations in offshore regions across Asia, Africa, and the Americas. Specialising in the exploration, development, and production of oil and natural gas, CNOOC is recognised for its advanced technology and commitment to sustainable practices. The company has achieved notable milestones, including becoming one of the largest independent oil and gas producers in China. With a strong market position, CNOOC Limited continues to innovate and expand its portfolio, contributing significantly to the energy landscape both domestically and internationally.
DitchCarbon Score
How does CNOOC 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 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 Limited's score of 12 is lower than 65% 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 Limited's reported carbon emissions
CNOOC Limited, headquartered in China, reported total carbon emissions of approximately 12,791,000,000 kg CO2e for the year 2024. This figure includes about 10,886,000,000 kg CO2e from Scope 1 emissions and approximately 1,905,000,000 kg CO2e from Scope 2 emissions. In 2023, the company recorded total emissions of about 12,263,000,000 kg CO2e, with Scope 1 emissions at approximately 10,779,000,000 kg CO2e and Scope 2 emissions at around 1,484,000,000 kg CO2e. CNOOC Limited has set a cumulative emission reduction plan targeting a reduction of about 1,500 kg CO2e by 2025, although specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) have not been disclosed. The company has not reported any Scope 3 emissions data. The emissions data is cascaded from CNOOC Limited, reflecting its current subsidiary status. The company continues to focus on sustainability and environmental governance, as outlined in its sustainability reports.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,735,400,000 | 0,000 | 0,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 360,295,000 | 000 | 000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is CNOOC Limited's Industry?
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CNOOC Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CNOOC Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
