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.
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.
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.
China Oilfield Services Limited's score of 4 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Oilfield Services Limited reported total carbon emissions of approximately 1,186,209,250 kg CO2e from Scope 1 and about 35,917,690 kg CO2e from Scope 2. This reflects a slight increase in emissions compared to 2022, where Scope 1 emissions were approximately 1,129,716,040 kg CO2e and Scope 2 emissions were about 22,064,440 kg CO2e. In 2021, the company recorded Scope 1 emissions of around 1,115,057,000 kg CO2e and Scope 2 emissions of approximately 18,289,000 kg CO2e. Despite these figures, China Oilfield Services Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data indicates a potential area for improvement in their climate strategy. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, yet it currently lacks formal commitments or pledges to address climate change.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,115,057,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 18,289,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.