In 2024, CMOC Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CMOC Group has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,340,000a | 1,070,000a | 760,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 660,000a | 520,000a | 560,000a | |
Total Scope 3 | 3,690,345a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 45.9461a | 40.8886a | 30.591a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CMOC Group amounted to 2,000,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CMOC Group increased by 25.79%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of CMOC Group were 1,340,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, CMOC Group's Scope 1 emissions have increased by 179.17%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), CMOC Group's Scope 1 emissions increased by 25.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, CMOC Group reported Scope 2 greenhouse gas (GHG) emissions of 660,000 tCO₂e without specifying the calculation method.a
Since 2019, CMOC Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 34.69%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), CMOC Group's Scope 2 emissions (Unspecified Calculation Method) rose by 26.92% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, CMOC Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, CMOC Group reported 3,690,345 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CMOC Group includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, CMOC Group reported total Scope 3 emissions of 3,690,345 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 45.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 54.73% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, CMOC Group reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to CMOC Group's Scope 3 emissions were:a
In 2024, CMOC Group reported Scope 1 greenhouse gas (GHG) emissions of 1,340,000 tCO₂e and total revenues of USD 29,165 millions. This translates into an emissions intensity of 45.95 tCO₂e per millions USD.a
In 2024, CMOC Group reported a Scope 1 emissions intensity of 45.95 tCO₂e per millions USD. Compared to the peer group median of 89.25, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, CMOC Group ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CMOC Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CMOC Group reported a total carbon footprint of 5,690,345 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 257.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CMOC Group's total carbon footprint was Scope 3 emissions, accounting for 64.85% of the company's total carbon footprint, followed by Scope 1 emissions at 23.55%.a