- Complicated and fierce market competition environment
- Multiple challenges of industry trend, changes and challenges
- Fluctuation of exchange rate of RMB against other foreign currencies
- Various operational risks, such as market competition risk, health, safety and environmental risk, domestic and overseas business expansion and operational risks, assets impairment risk, accounts receivable recovery risk, etc.
- Tax investigations in progress, differences in views with tax authority over tax laws and regulations
China Oilfield Services Limited
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.2M tonnes (CO2) |
| 2019 | 1.0M tCO2e/year |
| 2016 | 716.9K tons of CO2 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption of vessels and effectively reduced carbon emissions (LNG vessels)
🎯 Climate & Sustainability Targets
🔭 Long-term
- Building the Company into a world first-class energy service company with Chinese characteristics