中国海洋石油有限公司 vision and commitments-凯发在线

vision and commitments

we are committed to developing natural resources in a safe, efficient, and environmentally-friendly manner, supplying the society with clean, reliable and stable energy and meeting the reasonable energy demand of the people, which comprises our commitment to a sustainable development. the economy, environment, and society are the three cornerstones for the company to develop energy resource and create value. as our business and economic contributions grow steadily, we will press ahead on the road of environmental protection and social progress. continued efforts will be made to integrate economic, environmental and social factors to drive the sustainable development of the company.  

the company believes that sustainable development should not only rely on the knowledge, beliefs and ideas of the management or individual employees. we must integrate sustainability requirements into our corporate management systems to make it part of our corporate culture.

we constantly assess our performance and make improvements and adjustments to ensure that our operations and management are more environmentally-friendly, efficient and safer, and achieves balance in the development of the economy, environment and society.

materiality analysis

the company, in accordance with the requirements of the environmental, social and governance reporting guide issued by the stock exchange of hong kong limited (hkex), has understood the opinions of stakeholders on our environmental, social and governance (esg) issues, identified issues that stakeholders are potentially concerned with and determined their importance, as important references to the extent and scope of issue disclosure, to ensure more accurate and comprehensive disclosure of esg information and respond to stakeholders' concerns by means of questionnaire surveys, business review and discussion, esg performance benchmarking and internal workshops.

the materiality analysis results of cnooc limited's esg issues in 2022 are as follows:

esg management

the board takes overall responsibility for the company's esg strategies and reporting and is the top decision-making body for esg matters. its responsibilities include evaluating and identifying esg risks, ensuring the establishment of appropriate and effective esg risk management and internal control systems, and overseeing and managing esg goals and work progress. in august 2022, the board established the strategy and sustainability committee, which is responsible for conducting research on the company's sustainability issues and making recommendations to the board on relevant policies and strategies. the committee receives a special report about the company's management on safety and environmental protection at least once a year, and conducts annual reviews of the company's esg report, the results of stakeholder communication and analysis of material issues to ensure the board's participation in the whole process of esg governance and esg disclosure. the board receives reports on the company's management of risk control and compliance at least twice a year, and annually approves the corporate governance report, the company's internal control, risk and compliance management work reports.

the company has established an esg audit committee. the head of which is undertaken by the ceo, and its members are executives of the company. the committee is responsible for evaluating and auditing the company's esg reports and submitting them to the board and the strategy and sustainability committee.

in addition, cnooc limited has also established the esg audit committee working group. the members of the working group include heads of the board's office, qhse department, human resources department, and other related departments. following the instructions of the esg audit committee, the working group is responsible for preparing esg reports, regularly reporting progress to the committee, and handling other tasks assigned by the committee.


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