HONG
KONG, April 2, 2024 /PRNewswire/ -- CNOOC
Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB
counter), SSE: 600938) released its 2023 Environmental, Social and
Governance (ESG) Report in Hong
Kong today.
- Strengthening ESG management to lay a solid foundation for
high-quality development
- Adhering to innovation-driven strategies to enhance the quality
and efficiency of energy supply
- Upholding green principles to develop low-carbon and clean
energy sectors
- Fulfilling social responsibilities to empower communities for
better livelihood
CNOOC Limited positions ESG report as an important carrier for
disclosing compliance information, strengthening sustainable
development, and improving communication among stakeholders. We
champion win-win cooperation and actively respond to the concerns
of our stakeholders. In 2023, the Company's ESG performance has
been widely recognized by the market and won many important ESG
awards such as the "Gold Award" under The Asset ESG
Corporate Award, "Best ESG" by Institutional Investor. In
addition, we have been named in lists such as the "Forbes China
Sustainable Development Industrial Enterprises TOP50 Selection" and
the "China Listed Company Value Awards ESG100" by Securities
Times.
CNOOC Limited continues to reinforce corporate governance,
tightens risk management and control, and further consolidates the
foundation for sustainable development. The Company established the
ESG Leading Group and the ESG Management Office under the Strategy
and Sustainability Committee to strengthen ESG management and
actively respond to the challenges brought by climate changes. The
Company always adheres to honest and legal operation, practices
strict corporate governance, upholds high standards of business
ethics, and continuously strengthens the compliance system to
guarantee a stable operation.
CNOOC Limited implements the innovation-driven development
strategy, and promotes the project of increasing reserves and
production as well as the project of scientific and technological
innovation, thus steadily enhancing the capacity of energy supply.
The Company discovered 4 oilfields with proved in-place volume
above a hundred million tons respectively, and the first
large-scale deep coalbed methane field with proved gas in-place of
over 100 billion cubic meters. The net proved reserves and net
production of the Company both hit record highs. The Company pushed
forward key technology research and empowered business with digital
intelligence. Over 100 million cubic meters of commercial gas were
produced by China's first
deepwater subsea production system which could operate in a water
depth of over 500 meters. Qinhuangdao 32-6 intelligent oilfield
realized 90% digital coverage of the core business. The Company won
a total of 9 science and technology awards at provincial and
ministerial levels this year.
CNOOC Limited pursues energy-saving and green production, with a
clearer path charted for its clean, low-carbon, and green
development. During the year, RMB536
million was invested into over 40 energy-saving renovation
projects, which saved 293,000 tons of standard coal and reduced
749,000 tons of carbon dioxide. China's first deep-sea floating wind power
platform, "Haiyou Guanlan", has been connected to the power grid of
Wenchang oilfields, reducing carbon emissions by 22,000 tons every
year, which represented a milestone for China's offshore oil and gas development to
enter the "green electricity era". The Bohai onshore power project
was fully completed, laying a solid foundation for the construction
of an integrated onshore and offshore power supply network by 2025.
China's first offshore CCS project
with a storage capacity of over a million tons, the Enping 15-1
demonstration project, has been put into operation. The Daya Bay
CCS/CCUS cluster research and demonstration project has made solid
progress.
CNOOC Limited actively fulfills its corporate responsibility,
expands its social contributions, and shares the fruits of
development with all stakeholders. The Company regards its
employees as the most valuable resources and asset, protects their
rights and interests from multiple dimensions, and continues to
optimize the potential career paths for employees. CNOOC Limited
has implemented the "EMPOWER-Empowering communities, limitless acts
of kindness" initiative for community co-development. This
initiative covers 7 key aspects including facilitating educational
equity, improving medical support, protecting the natural
ecosystem, fostering open communication, promoting people's
well-being, supporting emergency assistance efforts and
contributing to rural revitalization. Through the initiative, CNOOC
Limited aims to make contributions to communities and drive
development. In 2023, the Company
created more than 21,000 jobs around the world, participated in 46
maritime rescues, and invested a total of RMB 158.14 million in donations and public
welfare projects.
CNOOC Limited is committed to becoming the leading force of
increasing reserves and production, the driving force of green and
low-carbon development, and the propelling force of building a
harmonious society. Mr. Wang Dongjin, the Chairman of CNOOC
Limited, said, "Looking ahead, we will continue to pursue the
coordinated development of the economy, environment, and society.
We will constantly refine our ESG management, and enhance our
capabilities in modern governance, energy supply, technological
innovation, and value creation. As we accelerate the construction
of a world-class energy company and vigorously promote the
sustainable development of the economy and society, we are poised
to achieve new milestones."
— End —
Notes to Editors:
More information about the Company is available at
http://www.cnoocltd.com.
*** *** *** ***
This press release includes forward looking information,
including statements regarding the likely future developments in
the business of the Company and its subsidiaries, such as expected
future events, business prospects or financial results. The words
"expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans",
"intends" and similar expressions are intended to identify such
forward-looking statements. These statements are based on
assumptions and analyses made by the Company as of this date in
light of its experience and its perception of historical trends,
current conditions and expected future developments, as well as
other factors that the Company currently believes are appropriate
under the circumstances. However, whether actual results and
developments will meet the current expectations and predictions of
the Company is uncertain. Actual results, performance and financial
condition may differ materially from the Company's expectations,
including but not limited to those associated with fluctuations in
crude oil and natural gas prices, macro-political and economic
factors, changes in the tax and fiscal regimes of the host
countries in which we operate, the highly competitive nature of the
oil and natural gas industry, environmental responsibility and
compliance requirements, the Company's price forecast, the
exploration and development activities, mergers, acquisitions and
divestments activities, HSSE and insurance policies and changes in
anti-corruption, anti-fraud, anti-money laundering and
corporate governance laws.
Consequently, all of the forward-looking statements made in this
press release are qualified by these cautionary statements. The
Company cannot assure that the results or developments anticipated
will be realised or, even if substantially realised, that they will
have the expected effect on the Company, its business or
operations.
*** *** *** ***
For further enquiries, please contact:
Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com
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SOURCE CNOOC Limited