Are Chinese businesses responsible for helping China achieve its climate goals?

With only 10% of Chinese firms carrying out sustainability initiatives, the country's business sector will need to step up its game if China is to meet its emissions target

China's offshore oil drilling firm and the country's largest oil producer with $98.53bn in revenue in 2014, China National Offshore Oil Corp (CNOOC) inevitably disturbs marine life as it probes seabeds around the world for resources. Like other big oil firms, the company has caused its share of environmental disasters, including a 2011 oil spill that contaminated 840 sq km (324 sq miles) of Bohai Bay, off China's northeastern shore. CNOOC got in trouble with government regulators for initially concealing the spill and has since been named in a lawsuit.

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