- Risks from oil price fluctuation.
- Risks of major safety, environmental protection, and quality accidents.
- Compliance risks.
- Information security risks.
- Risk of the impact of COVID-19 on the Company's production and operation.
- Risk of legal disputes.
- Potential for additional cost increases and reputational damage due to carbon emission regulations.
- Risks of economic and social responsibility may be caused by irregular implementation of policies and measures for energy conservation and carbon reduction.
Offshore Oil Engineering Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Offshore Oil Engineering Co., Ltd. disclosed greenhouse gas emissions of 38.4650 tons of carbon dioxide equivalent. 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.
GHG Emissions
38.4650 tons of carbon dioxide equivalent
2022
Water Usage
176.5147*10^4 tons
2022
Energy Use
1.3088*10^8 kWh
2022
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 38.4650 tons of carbon dioxide equivalent |
| 2021 | 9.9K tons CO2 reduction |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved total energy conservation of 4,183 tons of standard coal and carbon reduction of 11,425 tons of carbon dioxide in 2022, exceeding targets by 232% and 109% respectively.
- Successfully completed the 2022 energy conservation and carbon reduction targets and indicators.
- No environmental pollution accidents from ships throughout the year.
- Actively promoted water-based primer to reduce volatile organic compound emissions.
- Completed research, manufacturing, and installation of the first offshore “CO2 storage” module in China, expected to store about 300,000 tons of CO2 annually.
- Actively promoting the construction of green enterprise. Qingdao Company was awarded the title of "Green Supply Chain Management Enterprise" in Qingdao City.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Peak carbon dioxide emission in 2030 and carbon neutrality in 2060.
🌱 ESG Focus Areas
Environmental ProtectionSocial ResponsibilityCorporate Governance