Sustainability Report 2018 Our Quality Energy for Your Blue Sea and Sky 2018 SUSTAINABILITY REPORT CHINA NATIONAL OFFSHORE OIL CORP
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CNOOC Sustainability Report 2018 Our Quality Energy for Your Blue Sea and Sky 2018 SUSTAINABILITY REPORT CHINA NATIONAL OFFSHORE OIL CORP. CNOOC Office for Policy Research Address: CNOOC Building, No. 25 Chaoyangmenbei Dajie, Dongcheng District, Beijing 100010, P.R. China E-mail: [email protected] Website: www.cnooc.com.cn REPORT Report Introduction GUIDANCE Following its launch in 2005, this is the Moreover, information about CNOOC’s Corporate Social Responsibilities and Promoting Economic Growth Summary fourteenth consecutive issue of annual management framework, management the Guidelines to the State-owned [P13-34] sustainability report of China National process for sustainable development Enterprises on Better Fulfillment of Offshore Oil Corporation. It is an accurate and our subsidiaries is available on the Corporate Social Responsibilities issued Ensuring Energy Supply 14 Chairman’s Letter P02 reflection of our fulfilment of economic, Company’s website at www.cnooc.com. by State-owned Assets Supervision and Emphasizing Sci-Tech Innovation 23 President’s Letter P04 environmental and social responsibilities cn as sustainability and annual reports over Administration Commission of the State undertaken in 2018. Some pertinent the years. Council of People’s Republic of China Intensifying Safe Operation 30 About Us P06 information about the report is as follows: with reference to the Sustainability Improvements: In order to reflect the Improving Quality Management 34 Corporate Governance and Operation P07 Reporting Entity: China National Offshore fulfillment of CNOOC’s responsibilities Reporting Guidelines of the Global Oil Corporation in a more objective, comprehensive and Reporting Initiative (GRI), the Sustainability Stakeholders P08 Reporting Guidelines of Oil and Natural Alternative Reference: China National intensive manner, the compilation of this Key Performance Indicators P12 Gas Industry (2nd Edition, 2015) jointly Offshore Oil Corporation is herein also report is based on site investigation on the issued by the International Petroleum referred to as “CNOOC”, “the Company”, responsibility fulfillment of CNOOC’s affiliates Industry Environmental Conservation “we”, “our” or “us”. and the selection of real cases. Opinions and suggestions from the stakeholders are Association (IPIECA) and the American Reporting Period: January 1 to December Enhancing Environmental Protection also incorporated to give an active response Petroleum Institute (API), the Guidelines on 31, 2018. In order to ensure the continuity [P35-44] to their concerns. The report is presented China’s Corporate Social Responsibility and comparability of the information with the themes of “Our Green Energy for Reporting (CASS-CSR 3.0) by the Green Operation 36 disclosed, the applicable period for certain Your Blue Sea and Sky” and three issues of Corporate Social Responsibility Research information may be extended forward or Tackling Climate Change 37 “Promoting Economic Growth, Enhancing Center of the Economics Department of Annex backward accordingly. Environmental Protection, and Driving Chinese Academy of Sciences and the Energy Conservation and Emission Reporting Cycle: The timescale of this Social Progress” to demonstrate CNOOC’s ISO 26000 Social Responsibility Guide Reduction 40 Outlook on 2019 P70 report is a calendar year. sustainable development. In addition to (2010) by the International Standards Organization. Water Resource Management 42 Reporting Principles: To meet the needs the independent release of “CSR Report Third-party Assessment P72 of the stakeholders and general public Overseas”, eight special issues about This report is published in both Biodiversity Conservation 44 Language: Index of Reporting Indicators P74 by disclosing key information of the social responsibility are highlighted in the Chinese and English. In case of discrepancies, Company in a true, objective, timely and report: “CNOOC and SDGs”, “Implementing the Chinese version shall prevail. Glossary of Terms P76 comprehensive manner. Regional Development Strategy”, Accessibility: This report is available in print Feedback Form Third cover “Developing Advanced Equipment”, Data: All 2018 data disclosed herein is and electronic formats. The digital version annual statistics. In case of discrepancies “Building Smart Oilfield”, “Digitalized LNG can be downloaded from the Company’s with the data in the annual report, the latter Receiving Terminals”, “Three-year Action website at www.cnooc.com.cn. To obtain Driving Social Progress shall prevail. Unless otherwise specified, all Plan for Bohai Oilfield Environmental a print version of the report, please email [P45-56] amounts are expressed in Renminbi (RMB). Protection Upgrading”, “Poverty Alleviation [email protected]. See also CNOOC through Consumption”, and “Forty Years Caring for Employees 46 Unless otherwise WeChat Public Account for the H5 version Reporting Scope: of Reform and Opening-up of the Offshore specified, all information disclosed in of this report. Devoting to Public Interests 52 Special Zone”. the report is from official documents, Providing Voluntary Services 53 statistical reports and reports of fulfilment References: This report is prepared on the Special Topics of responsibilities by CNOOC and our basis of the SDGs and Ten Principles of Integrating into the Community 55 subsidiaries. The information has been the United Nations Global Compact, the CNOOC and SDGs P10 reviewed by our management, supervision Guidelines to the Central Government- department and various subsidiaries. owned Enterprises on Fulfillment of WeChat Account of CNOOC Implementing National Development Strategy P20 Developing Advanced Equipment P25 THE LOGO OF CNOOC Building Smart Oilfield P26 CSR Report Overseas The corporate logo of China National Offshore Oil Corporation (CNOOC) encompasses the basic [P57-69] Digitalized LNG Receiving Terminal P28 design elements comprising the letters that make up the Company’s initials CNOOC, enclosed Creating Socioeconomic Value 60 Three-year Action Plan for Bohai Oilfield Environmental Protection by the blue curves and ripples that represent China’s seawaters. The design in red, formed by Strengthening Safety and Upgrading P38 the capital letters CNOOC, depicts an offshore drilling rig silhouetted against the rising sun, Compliance Management 62 symbolizing prosperity in the offshore oil industry of China. Poverty Alleviation through Consumption P50 Protecting a Balanced Ecosystem 64 Forty Years of Reform and Opening-up Building Platform for Employee of the Offshore Special Zone P58 Development 66 ABOUT THE COVER Promoting Enterprise-community Common Development 68 Live broadcast at LNG receiving terminal by a female anchor of CNOOC Visionary Lane Live CHAIRMAN’S LETTER > 03 Chairman’s Letter Dear all， focused on exploring a green low-carbon Awards of Excellent CSR Report 2018”, etc. development path, kept the concept The year 2018 marks the 40th anniversary Extending international cooperation, of China’s reform and opening-up, of green environmental protection joint development for bright future along with that CNOOC was born and throughout the entire life cycle of oilfield Upholding the internationalization strategy, prospers. We will actively fulfill our production, strived to build a green supply we created a balanced and generalized corporate responsibilities, strive to enhance chain and actively implemented the development model with the new concept comprehensive value of economics, and vision of “Openness and Win-win”. environment and society, and write a new “Three-Year Action Plan for Bohai Oilfield chapter with reform and innovation on the Environmental Protection Upgrading”. In accordance with common values and development of offshore oil industry in the cultural concepts in different countries, we We took various measures to tackle new era. promoted mutually beneficial cooperation in climate change and control greenhouse the oil and gas industry to more advanced Innovation-driven, persevering in gas emissions. We actively advocated level, bearing together the risks and sharing serving the country with energy environmental protection, and attached the achievements. Actively responding to great importance to biodiversity We implement innovation-driven and the “Belt and Road” Initiative and following conservation, resource restoration and market-leading strategies, vigorously the guiding ideology of “Collaboration, environmental improvement around the develop clean energy and strive to increase Value-increasing and Sharing”, we improved operation area, striving to create a better reserves and production. In order to meet the overseas business management ecological environment. the growing demand for high-quality energy system and promoted the coordinated and ensure national energy security, we Rejuvenating enterprise by talents, development of overseas businesses. will intensify efforts in the exploration and sharing development fruits We optimized the overseas employment development of oil and gas, accelerate We promoted the strategy of “Rejuvenating system and promoted the localization the construction of system for natural gas Enterprise by Talents”, and created a of employees. By establishing career production, supply, reserve and sales, and clean, healthy and inclusive corporate development channels, we promoted the promote the coordinated development culture and an institutional mechanism development of both enterprise and local among upstream, midstream and of equal opportunities