As a significant initiative, CNOOC has taken on the social responsibility of energy conservation, emission reduction and environmental protection. To construct itself into an energy-efficient and environment-friendly enterprise, CNOOC has promoted cleaner production, energy resource-saving and has eliminated obsolete technologies and production facilities, thus controlling pollution at the root level.
After becoming the first Chinese enterprise to be invited to join 3C (Combat Climate Change) in 2007, CNOOC gained membership of the UN Global Compact in 2008, readily meeting the environmental changes challenge and fulfilling social responsibilities along with the international community.
In order to strengthen the implementation of energy conservation and emission reduction, CNOOC started with the systems and mechanisms influencing the normal implementation of energy conservation and emission reduction, and has promoted the sustainable and effective implementation of energy conservation and emission reduction by continuously improving the organization management system and regulation system for energy conservation and emission reduction. In addition CNOOC continues to establish and improve long-term mechanisms including the statistics, assessment, reward, punishment and monitoring of energy conservation and emission reduction.
During 2008, CNOOC put forward the concept of "Zero Emission" and assimilated it as a compulsory standard to be followed in the design and construction of all new projects. To implement this standard, the Group held a "Zero Pollutant Emission and Greenhouse Gas Emission Control Workshop" in Beijing.
In 2007, CNOOC implemented energy conservation and emission reduction at the root level with focus on the establishment of rules and regulations. In 2008, CNOOC carried out further energy conservation and emission reduction measures. The Company improved relevant rules and regulations, formulated and implemented the Interim Measures for the Management of the Special Fund for Energy Conservation and Emission Reduction, and assessed the fulfillment of the energy conservation and emission reduction objectives of its subsidiaries in 2007. It held a forum on energy conservation and emission reduction, stipulated 4 corporate standards for energy conservation, and both supervised and monitored the energy conservation and emission reduction work of 15 subsidiaries.
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