
As a responsible corporate citizen, CNOOC has been committed to various charities, including poverty relief, Tibet aid, support to needy students and disaster relief. We regard win-win as our philosophy in developing the Company and fulfilling our social responsibility; and we pursue harmonious relationship between the Company and society.
The Company has established the Charity and Commonwealth Committee to be responsible for the planning, management and supervision of charity funds, and has issued regulations on fund management.
In 2009, CNOOC contributed about RMB169 million to welfare activities, including the Sichuan Reconstruction Program, the aid to Tibet, poverty relief programs, financial support to students and disaster reliefs.
CNOOC's Contribution to Welfare Activities
Year
|
Total Donations (in RMB)
|
| 2004 |
30.65 Million
|
| 2005 |
37.83 Million
|
| 2006 |
75.97 Million
|
| 2007 |
81.75 Million
|
| 2008 |
282 Million
|
| 2009 |
169 Million
|
|