CNOOC Ltd.
Industry Group: Oil & Gas Producers
Country/Region: Hong Kong
Identifier: HKG:883
CNOOC is China’s main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2023 reached 678.0 million barrels of oil equivalent (78.1% oil), and year-end proven reserves were 6.78 billion barrels of oil equivalent. Assets outside China make up around 31.2% of production.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 118 out of 301
Universe
Global Universe 14125 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Pioneer Natural Resources Co. |
28.1
Medium
|
24 out of 301 |
| Canadian Natural Resources Ltd. |
32.6
High
|
46 out of 301 |
| ConocoPhillips |
33.1
High
|
51 out of 301 |
| EOG Resources, Inc. |
34.4
High
|
61 out of 301 |
| CNOOC Ltd. |
41.5
Severe
|
118 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted CNOOC Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
