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CDP Climate Change Questionnaire 2018
Final 2018 Version
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CDP disclosure cycle 2018
New for 2018: In response to market needs, CDP has developed questions specific to high-impact sector activities across its climate change, forests
and water security programs. The 2018 questionnaires also include more forward-looking metrics, are further harmonized with other reporting
frameworks, and include TCFD recommendations for climate-related disclosure.
Accessing questionnaire previews, reporting guidance, and scoring methodologies
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CDP’s 2018 corporate questionnaire previews, reporting guidance, and scoring methodologies can be accessed by program (climate change, forests,
and water security) from the guidance for companies page of CDP's website. You will be presented with three prompt screens that allow you to select
the sectors and other details relevant to your organization. Questionnaires are valid for information requests from investors, as well as from
customers that are members of CDP’s supply chain program. As there are sector-specific questions throughout the questionnaires, you might find
that question numbers skip since not all questions will be applicable to your organization.
Responses to questionnaires are submitted via CDP's online response system (ORS), which is part of CDP's online disclosure platform. Please refer
to Using CDP's Online Disclosure Platform for more detail. Note that while the questions themselves are the same in the questionnaire preview as
they are in the ORS, the format may differ, particularly for drop-down options and tables.
Full and Minimum versions of the questionnaire
For all CDP questionnaires, there are two versions: minimum and full. The minimum version contains identical but fewer questions, and no sector-
specific questions or data points.
● The minimum version of a questionnaire can by completed by:
-
● For previous responders with an annual revenue of less than EUR/US$250 million, CDP reserves the right to remove the option of a minimum
version questionnaire due to the organization’s potential or existing environmental impact.
● Companies with an annual revenue of over EUR/US$250million that are disclosing for the first time and responding to the minimum version will not
be eligible for scoring.
● Companies responding to the minimum version that have an annual revenue of less than EUR/US$250million will be eligible for scoring and will be
scored using the minimum version of the methodology. They will not be eligible for the A list as the scores are not comparable to scores resulting
from the full version of the scoring methodology.
Note that companies eligible to complete the minimum version of a questionnaire can choose to answer the full version if they consider this to provide
greater benefit to their organization or stakeholders. For more information on scoring eligibility and implications, please see Scoring Introduction 2018.
Timeline:
August
● Responses to investor requests must be submitted by August 15, 2018 to be automatically
eligible for scoring and inclusion in CDP reports (where applicable).
● Responses to supply chain requests must be submitted by August 29, 2018.
For any disclosure-related questions, please contact [email protected].
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CDP climate change questionnaire
Introduction to CDP's climate change program and questionnaire
CDP works to reduce companies’ greenhouse gas emissions and mitigate climate change risk.
The 2015 Paris agreement was a tipping point in the global approach to climate change. By agreeing to limit global temperature rises to well below
2°C, governments have committed to transforming to a low-carbon economy. This transition will create winners and losers within and across business
sectors, as the manifestation of climate-related opportunities and risks accelerates in both size and scope. Business as usual will not be a good
indicator of how companies will perform.
We believe that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate
change risk. We request information on climate risks and low-carbon opportunities from the world’s largest companies on behalf of 658 institutional
investor signatories with a combined US$87 trillion in assets.
Regulators have begun to respond to the risks, notably with the Task Force on Climate-related Financial Disclosures (TCFD). Established by the
Financial Stability Board, the TCFD has moved the climate disclosure agenda forward by emphasizing the link between climate-related risk and
financial stability. The Task Force has recommended that both companies and investors disclose climate change information. This includes whether
they are conducting scenario analysis in line with a 2-degree pathway and then setting out how climate-related issues impact their strategy and
financial planning. This amplifies the longstanding call from CDP’s investor signatories for companies to disclose comprehensive, comparable
environmental data in their mainstream reports, driving climate-related risk management further into the boardroom.
Commit to Action
CDP and its partners in the We Mean Business coalition have created a central platform for companies to take action on key climate issues.
Hundreds of companies representing every economic sector and geography have taken action to date.
The leadership these companies demonstrated formed a critical part of the package of solutions reached in Paris at COP21 in 2015 and has
continued to grow, now playing a critical role as the Paris Agreement moves from agreement to implementation. The We Mean Business “Take
Action” platform gives companies a clear pathway for building the Paris Agreement into their business strategies and to future-proof growth, sending a
strong signal that companies are making the transition to a low-carbon world and giving policy makers the confidence in raising their ambitions as
governments prepare to ratchet up their national pledges in 2020.
Companies who have made commitments through one of more of the initiatives included on the We Mean Business platform can track progress
against them via CDP’s annual disclosure requests.
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Climate change questionnaire developments
The CDP climate change questionnaire has been redesigned in response to these market needs, highlighting a shift to more sectoral information,
mainstream-ready reporting and disclosures that highlight a company’s own approach to the low-carbon economy. For 2018, this includes:
● Integration of sector-specific questions
● Inclusion of the TCFD recommendations
● Increased emphasis on forward-looking metrics and improved alignment with other reporting frameworks
Key changes include:
Governance
● Both board- level and management responsibility for climate-related issues
Risks and opportunities
● How risks and opportunities are identified, assessed and managed
● Consolidation of risk disclosures into one question (from three)
● Consolidation of opportunity disclosure into one question (from three)
Strategy
● Impacts of climate-related issues on strategy, financial planning, and businesses
● If scenario analysis is used to inform business strategy and details of the models, assumptions
and types of scenario analysis performed
● Transition plans (high-impact sectors only)
Targets
● Aggregation of non-GHG emissions climate-related targets into a single question
Energy
● Revised energy question flow to focus breakdowns on only relevant energy use
Other climate-related metrics
● Ability to provide other metrics such as from waste, energy, land-use
Carbon pricing
● New question flow for carbon tax, emissions trading and/or internal carbon price use
A detailed document on climate change question changes from 2017 to 2018 is now available. Revisions and changes to questions are also
indicated by the “Change from 2017” row below each question, either as no change, a minor change, a modification, or a new question. Minor
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changes indicate wording edits and revisions to drop-down options, while a modification indicates where a new or revised data point has been added
or removed from an existing question.
Sector approach
For climate change, CDP has incorporated sector-specific questions for 12 sectors grouped within the following four clusters. The rationale for
developing a refined questionnaire for each of these sectors is outlined in the relevant sector introduction. Companies with business activities outside
of these sectors will receive a general questionnaire, as in previous years. Further sectors will be introduced in 2019.
Each question number in the climate change questionnaire begins with the letter C. Questions that are unique to companies in a particular sector are
labeled using a two-letter abbreviation within the question number. These abbreviations are noted below.
2018 climate change sectors:
● Agriculture: Agriculture commodities (AC); Food, beverage & tobacco (FB); Paper & forestry (PF)
● Energy: Coal (CO); Electric utilities (EU); Oil & gas (OG)
● Materials: Cement (CE); Chemicals (CH); Metals & mining (MM); Steel (ST)
● Transport: Transport services (TS); Transport OEMs (TO)
Sector introduction: Oil & gas (Climate)
The oil & gas sector is part of CDP’s energy cluster. For the climate change program, this cluster includes companies operating in the coal, electric
utilities, and oil & gas industries.
Climate change is a strategic risk for the oil & gas sector[1], whose operational and use phase emissions collectively account for half of global CO
emissions.
The climate change oil & gas sector questionnaire is based on questions from CDP’s previous climate change oil and gas module. Questions are also
based on other frameworks and research relevant to this sector, including CDP’s investor reports. Many questions across the energy sector overlap,
and where possible, align with external frameworks.
CDP’s oil & gas questionnaire has sector-specific questions on the following topics:
● Low-carbon transition plan;
● Specific targets and performance indicators for the sector. Included in these questions are specific methane targets and several questions on flaring
and methane leak detection and reduction;
● Emissions breakdowns by oil and gas business divisions, associated activities, emissions categories, and methane emissions;
● Hydrocarbon reserves, production, refining, and transportation figures;
● Low-carbon investments and capital flexibility; and
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● Transfers & sequestration of CO2 emissions.
[1] IIGCC (2016) Investor Expectations of Oil and Gas Companies: Transition to a lower carbon future
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C0 Introduction
Introduction
(C0.1) Give a general description and introduction to your organization.
Noble Energy, Inc. (“Noble Energy” or “Company”) is a leading independent energy company engaged in worldwide oil and natural gas exploration
and production. Founded by Lloyd Noble in 1932, Noble Energy, a Delaware corporation, has been publicly traded on the New York Stock Exchange
(NYSE) since 1980 under the ticker symbol NBL. Noble Energy has five (5) main operating areas: the Denver-Julesburg (DJ) Basin (onshore U.S.),
the Permian Basin (onshore U.S.), the Eagle Ford Shale (onshore U.S.), offshore West Africa, and offshore Eastern Mediterranean. In 2017 Noble
Energy acquired Clayton Williams Energy, which had extensive holdings in Texas. In early 2018, Noble Energy divested its deepwater Gulf of Mexico
(offshore U.S.). Proved reserves are geographically balanced amongst the international and domestic operations, with 1,965 million barrels of oil
equivalent (BOE) proved at the end of 2017. In 2017, the company achieved full year reported sales volumes of 381 MBoe/d. This report only
includes operations under Noble Energy and excludes operations under Noble Midstream Partners LP.
Noble recently established a Climate Program to further investigate and assess climate-related risks. More information on how Noble intends to develop and apply
this program to further consider climate in its planning and operations will be communicated in the coming months.
(C0.2) State the start and end date of the year for which you are reporting data.
Start date End date Indicate if you are providing emissions data for past
reporting years
1/1/2017
31/12/2017
No
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(C0.3) Select the countries/regions for which you will be supplying data.
Country/Region
Equatorial Guinea
Israel
United States
(C0.4) Select the currency used for all financial information disclosed throughout your response.
Currency
USD
(C0.5) Select the option that describes the reporting boundary for which climate-related impacts on your business are being reported. Note
that this option should align with your consolidation approach to your Scope 1 and Scope 2 greenhouse gas inventory.
● Operational control
Organizational activities: Oil and Gas
(C-OG0.7) Which part of the oil and gas value chain and other areas does your organization operate in?
Oil and gas value chain
● Upstream
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● Downstream
● Chemicals
C1 Governance
Board oversight
(C1.1) Is there board-level oversight of climate-related issues within your organization?
● Yes
● No
(C1.1a) Identify the position(s) of the individual(s) on the board with responsibility for climate-related issues.
Position of individual(s) Please explain
Select from:
● Board Chair
● Board/Executive board
● Director on board
● Chief Executive Officer (CEO)
● Chief Financial Officer (CFO)
● Chief Operating Officer (COO)
● Chief Procurement Officer (CPO)
● Chief Risk Officer (CRO)
● Chief Sustainability Officer (CSO)
● Other C-Suite Officer
As a large-cap company, we understand the growing role that environmental, social and
governance (ESG) performance plays in understanding and managing climate risk. Under direction
of the Board of Directors, Noble recently created a new Climate Program to more deeply evaluate
and manage climate risk. Additionally, the Noble Safety, Sustainability and Corporate Responsibility
(SSCR) Committee assists the Board of Directors in: 1) determining whether the Company has
appropriate policies and management systems in place to safely, sustainably and responsibly
develop oil and gas resources, including those associated with climate change; 2) monitoring and
reviewing compliance with all applicable laws and regulations; and 3) serving as a forum to review
social investment strategy and initiatives. The committee is familiar with the safety, sustainability
and corporate responsibility aspects of oil and gas exploration and production, as well as social
investment, ESG and climate related topics
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● President
● Other, please specify
(C1.1b) Provide further details on the board’s oversight of climate-related issues.
Frequency with which climate-related issues are a scheduled
agenda item
Governance mechanisms into which climate-related issues
are integrated
Please explain
● Scheduled - all meetings
● Scheduled - some meetings
● Sporadic - as important matters arise
● Other, please specify
● Reviewing and guiding strategy
● Reviewing and guiding major plans of action
● Reviewing and guiding risk management policies
● Reviewing and guiding annual budgets
● Reviewing and guiding business plans
● Setting performance objectives
● Monitoring implementation and performance of objectives
● Overseeing major capital expenditures, acquisitions and
divestitures
● Monitoring and overseeing progress against goals and targets
for addressing climate-related issues
● Other, please specify
Noble updates the Board of Directors as frequently as quarterly.
To varying degrees, these updates incorporate the governance
mechanisms listed in the column to the left, thereby helping to
inform board governance over the company’s evolving climate-
related strategies and initiatives. With the recent action by the
Board to establish a Climate Program, Noble anticipates Board
engagement and governance to increase. In turn, utilization of
these governance mechanisms into which climate-related issues
are integrated is expected to increase in the coming months.
Below board-level responsibility
(C1.2) Below board-level, provide the highest-level management position(s) or committee(s) with responsibility for climate-related issues.
Name of the position(s) and/or committee(s) Responsibility Frequency of reporting to the board on climate-related
issues
● Chief Executive Officer (CEO)
● Chief Financial Officer (CFO)
● Assessing climate-related risks and opportunities
● Managing climate-related risks and opportunities
● More frequently than quarterly
● Quarterly
● Half-yearly
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● Chief Operating Officer (COO)
● Chief Procurement Officer (CPO)
● Chief Risks Officer (CRO)
● Chief Sustainability Officer (CSO)
● Other C-Suite Officer, please specify
● President
● Risk committee
● Sustainability committee
● Safety, Health, Environment and Quality committee
● Corporate responsibility committee
● Other committee, please specify
● Business unit manager
● Energy manager
● Environmental, Health, and Safety manager
● Environment/Sustainability manager
● Facility manager
● Process operation manager
● Procurement manager
● Public affairs manager
● Risk manager
● There is no management level responsibility for climate-related
issues
● Other, please specify, Established climate program
in 2018.
● Both assessing and managing climate-related risks and
opportunities
● Both assessing and managing climate-related risks and
opportunities
● Annually
● Less frequently than annually
● As important matters arise
● Not reported to the board
(C1.2a) Describe where in the organizational structure this/these position(s) and/or committees lie, what their associated responsibilities
are, and how climate-related issues are monitored.
i. Where in the organizational structure this committee lies
For the 2017 reporting period, the Executive Vice President of Operations (EVP) at Noble Energy provided regular updates to the Chief Executive Officer (CEO),
who is the Chairman of Board, and Board of Directors as frequently as quarterly. The information that the EVP presents to the Board is consistent with what is
reported publicly to our stakeholders as part of our Corporate Sustainability Report (CSR). For example, we discuss methane emissions performance and progress
of emissions-reduction initiatives, as well as how we are doing on external rating and rankings. The EVP leads this area because the position has oversight of key
environmental and sustainability issues and functions, such as EHSR and the new Climate Program. This process ensures management and awareness of climate-
related issues goes all the way up to the CEO and Board.
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ii. How climate related issues are monitored
At the field level, we monitor climate-related performance through an advanced data collection process overseen by our EHSR Vice President with support from our
production team. This system includes a sophisticated methane leak detection and repair program, born from our efforts in Colorado to help develop and comply
with the first ever direct regulation of methane. We then extended this program to all domestic operations. Our EHSR team is also responsible for reporting
information to mandatory programs, such as the U.S. EPA’s GHG program, and voluntary programs such as CDP, Disclosing the Facts, and Noble Energy’s CSR
report. Relevant information is communicated to management for inclusion, as appropriate, in executive management discussions. This information, via the EHSR
department, is key to informing the annual Enterprise Risk Management (ERM) process. The ERM process is the vehicle by which we evaluate and manage existing
and future operating risk. It informs executive decision making and includes risk analysis associated with accidental losses. In the coming months, the new Climate
Program will more deeply evaluate and present to the Board recommendations for further managing climate risk as part of the ERM process.
Employee incentives
(C1.3) Do you provide incentives for the management of climate-related issues, including the attainment of targets?
● Yes
● No
(C1.3a) Provide further details on the incentives provided for the management of climate-related issues.
Who is entitled to benefit from these
incentives?
Types of incentives Activity incentivized Comment
● All employees (including CEO and
executive management)
● Monetary reward
● Recognition (non-monetary)
● Other non-monetary reward
● Emissions reduction project
● Emissions reduction target
● Energy reduction project
● Energy reduction target
● Efficiency project
● Efficiency target
● Behavior change related indicator
● Environmental criteria included in purchases
● Supply chain engagement
Compensation at Noble Energy is based partially on Environment, Health, Safety and Regulatory (EHSR) performance. More specifically, a portion of bonus compensation is determined by employee performance and a portion is determined at the discretion of the Board of Directors. The Board of Directors’ considers, among other factors, environmental, health and safety performance, including compliance with methane regulations. .
At the present time, Noble does not include
incentives for the attainment of targets, since we
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● Other, please specify
do not currently establish targets ( see section
C4 for additional perspective) T
A
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C2 Risks and opportunities
Time horizons
(C2.1) Describe what your organization considers to be short-, medium- and long-term horizons.
Time horizon From (years) To (years) Comment
Short-term
0
5
Terms vary depending on offshore and onshore
planning
Medium-term
5
10
Long-term
10
20
To include consideration of scenario planning
Management processes
(C2.2) Select the option that best describes how your organization's processes for identifying, assessing, and managing climate-related
issues are integrated into your overall risk management.
● Integrated into multi-disciplinary company-wide risk identification, assessment, and management processes
● A specific climate change risk identification, assessment, and management process
● There are no documented processes for identifying, assessing, and managing climate-related issues
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(C2.2a) Select the options that best describe your organization's frequency and time horizon for identifying, and assessing climate-related
risks.
Frequency of monitoring How far into the future are risks considered? Comment
Select from:
● Six-monthly or more frequently
● Annually
● Every two years
● Not defined
● Never
Select from:
● Up to 1 year
● 1 to 3 years
● 3 to 6 years
● > 6 years
● Unknown
Noble Energy monitors and anticipates climate change risks
affecting its operations. New emphasis on this risk factor is
reflected in the recent creation of a new Climate Program, with
additional perspective planned in the coming months.
Although this may change, the current timeline horizon range
reflected in this disclosure roughly correlates with anticipated
capital structure planning and projections, which are subject to
change for a multitude of reasons such as economics and
regulatory implications and operation conditions. Ultimately,
Noble Energy takes into account the cost of complying with
environmental regulations in planning, designing, drilling,
operating, and abandoning wells.
(C2.2b) Provide further details on your organization’s process(es) for identifying and assessing climate-related risks.
Noble Energy engages deeply across the stakeholder spectrum to identify and assess climate-related risks. We offer ideas and listen to others. This strategic
approach capitalizes on deep experience within the company, relationships beyond the company and a problem-solving, analytical approach. By combining this
approach with our Enterprise Risk Management (ERM) and long-range planning tools, we are positioning Noble to recognize regulatory and market signals and
adjust for them. Noble engages to ensure regulations apply to us are technically feasible and work. In this way we can anticipate, comply with and adjust to new
regulation, as well as legislation, international accords (e.g., Paris Agreement), and the market implications of climate change.
Noble’s recently established Climate Program will use its existing ERM process to further investigate and assess climate-related risks. As with many companies,
Noble faces a host of business risks, including operational, strategic, financial, regulatory, and environmental. To understand and manage these risks, Noble uses
an ERM process that integrates our long-range planning function and supports capital structure planning. Elements include, among others, cash flow at risk analysis,
credit risk management, a commodity hedging program to reduce the impacts of commodity price volatility, an insurance program to protect against disruptions in
our cash flows, a robust global compliance program, and government, regulatory and community relations initiatives. The Company benchmarks its ERM process
against peers and other global organizations.
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Importantly, this process helps us plan, organize and manage activities; to look for signposts that help us reorient our long-range plans and risk profiles so that they
remain logical and realistic. This approach supports nimble responses in order protect against disruptions to our cash flows and minimize earnings risks.
At the asset level, risks are assessed and identified at Noble sites. During the site feasibility stage, Noble’s planning group identifies risks and mitigation
opportunities that are specific to an asset or location. For example, as part of planning associated with climate adaption and resiliency, Noble conducts floodplain
siting evaluations and considers potential disruptions to water use. Additionally, if well sites are close to developments and/or populous areas, risks specific to that
location are identified and mitigation options are assessed, including whether to develop the site in that specific location. Asset and company level risk management
work together to provide platforms to share lessons learned and gained knowledge across other Noble Energy assets.
The EHSR department and the new Climate Program play key roles in this business risk management process as they partner with Business Unit managers, under
the direct guidance from executive level management.
(C2.2c) Which of the following risk types are considered in your organization's climate-related risk assessments?
Risk type Relevance & inclusion Please explain
Current regulation
Relevant, always included
Noble Energy’s operations are subject to federal, state and local
environmental laws and regulations. We comply with all
applicable rules and requirements. Noble also participates in
voluntary programs to reduce emissions and identify new
technologies for reducing emissions. We are constantly looking
for ways to reduce emissions while understanding the impacts on
our operations. We believe this approach provides business
opportunities and improves operating efficiencies. For example,
by hiring and training our own LDAR team, we have reduced our
cost of compliance and built a team of methane detection and
repair experts. Regulat ory c han ges in flue nce No ble En ergy’s ope rati ons st rat egy b ecau se of com plianc e with existin g rul es a nd th e p oten tial of the i mpa ct of com plianc e with f utu re regul ation s. Nobl e Ene rgy’s app roac h to GHG mana ge ment is to c ontin ually i mpr ove its met hods to accur ately c alcula te a nd redu ce GH Gs th rou gh b usiness pr actices and emissi on red uction pr ojects.
Emerging regulation
Relevant, always included Over the past five years, the U.S. federal agencies and state
agencies have developed rules related to greenhouse gas
emissions from Noble Energy’s operations. These rules have
recently or are currently being reviewed and revised. Noble
Energy engages deeply across the stakeholder spectrum to
identify the potential for regulation and engage in the
development of regulation. For example, in 2017 we worked with
industry, environmental and government partners in Colorado on
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updates to Regulation 7, which, when originally promulgated in
2014, was the first ever direct regulation of methane. Noble is
poised to comment on EPA’s NSPS OOOOa rule, which is
expected to be undergo additional rule revisions soon. See
section C12 for additional discussion of the Colorado rule
engagement and U.S. EPA rule engagement.
Technology
●Relevant, often included
Relevant , so meti mes incl ude d
Noble Energy monitors the development of technologies within
the industry and is poised to advance, field test and deploy
technologies as they become available. This practice originates
from a desire to increase operating efficiency, while reducing our
environmental footprint, including air emissions, and increasing
safety. This is evidenced by a host of actions we have taken in
recent years:
-In 2017, we began participating in the Stanford/EDF Mobile
Monitoring Challenge designed to test and compare technologies
that could be useful for rapid, mobile and/or remote detection and
quantification of methane leaks.
- We have developed a technology to allow product measurement
to occur without the need for field personnel to be exposed to
open thief hatches, thereby reducing emissions and increasing
safety.
- We have developed a measurement technique that was
accepted by BLM to allow pressurize measurement of oil without
the oil needing to be stored in tanks, thereby keeping associated
gas in the pipe and reducing tanks emissions. This technique
also reduces facility footprints and allows more well throughput to
be piped to a single gathering and processing facility
- We have designed our LDAR program to allow for detection
and repair by the same Noble trained personnel during the same
trip over 80% of the time, thereby increasing operating efficiency,
reducing leak related emissions more quickly and reducing truck
trips.
- We have evaluated emerging technologies to reduce emissions
associated with hydraulic fracturing. In 2017, we identified a
promising technology and went through the planning phase to
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evaluate whether we considered the technology to be a viable
approach to lowering emissions by replacing a duel fuel internal
combustion engine. Based on the design parameters and vendor
inputs, we have estimated a potential reduction per fracking event
in CO of >50% and NOX & NMHC (non-methane hydrocarbons)
of 45%. A pilot test is scheduled to verify these preliminary
estimates and validate how well this technology works when it is
deployed in the field.
Legal
Relevant, always included
Noble Energy routinely monitors the potential for changes to laws
or regulations in areas in which we operate. We are committed to
monitoring and mitigating our environmental risks, and to raising
our operating standards to reduce associated impacts of our
operations. We consider environmental protection to be an
integral part of achieving operational excellence. We manage our
efforts through a Global Environmental, Health and Safety
Management System (GMS). Additionally, as part of managing
legal risks, we validate the accuracy of statements, conduct peer
comparisons about ESG risks and opportunities, and hire
regulatory policy advisors. Through our proactive work to better
monitor and measure our legal risks, we are positioning to be
more resilient to legal risks.
Market
Relevant, not included
Noble’s new Climate Program will more fully investigate potential
impacts on markets associated with climate risk.
Additionally, Noble Energy is developing resources that are
allowing Israel to switch from coal-fired to natural gas-fired
electricity, creating a growing demand for its products. Our
commitment to Israel’s energy future began years ago with the
offshore natural gas discovery Mari B. The Tamar discovery
made the vision of a cleaner future a reality as it displaced coal
as the primary power source. Today, the Tamar gas field supplies
Israel with approximately 65 percent of the country’s power
needs. Yet burning coal still represents Israel’s largest source of
air pollution.. The Leviathan project is expected to be online by
the end of 2019, doubling the capacity for natural gas delivered
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from our assets into Israel and the region, and helping to clean
Israel’s air by reducing reliance on coal- powered energy.
Reputation
●Relevant, sometimes included
Within the oil and natural gas industry and its stakeholders, there
is clear evidence of an increasing awareness of climate change
issues. Not only have shareholder resolutions related to climate
change increased, but disclosure approaches have become more
numerous and varied. If unanswered, these activities pose a
reputational risk, if embraced, they can help the industry to be
better understood and to grow and innovate. To signal our
willingness to engage with stakeholders, Noble has created a
Climate Program that seeks to better understand and respond to
issues related to climate change.
Additionally, those opposed to-hydraulic fracturing around the
country continue to pose a reputational risk to the oil and gas
industry. As we consider new geographical areas in which to
operate, we evaluate and mitigate environmental, regulatory and
social above ground reputational risk. Examples include:
- Trading assets along urban interfaces for rural areas within oil
and gas basins.
- Leading an effort by industry to voluntarily reduce emissions
during summertime ozone episodes (with associated methane
benefits).
- Working with local governments and state agencies to
participate in a task for that seeking ways to reduce methane
emissions from pneumatic controllers.
- Participating in air quality studies to better understand the
nature of emissions.
- Engaging local communities before we engage in exploration and
production to learn what their concerns are and take them into
account as we proceed (e.g traffic and noise).
Acute physical
Not evaluated Noble operations could face physical risks associated with a
changing climate. As part of site planning, Noble conducts
floodplain siting evaluations and considers potential disruptions to
water use, both of which could be affected by changes to the
climate. We understand that extreme weather conditions increase
the Company’s operating costs, and damages may not be fully
insured. This could lead to the potential increased meta-ocean
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design criteria to operate under harsher storm conditions could
require more robust design of equipment. Additionally, any
severe weather increase in areas of the Company’s operations
could potentially impact its ability to conduct normal activities,
which could negatively affect revenue. Noble’s new Climate
Program will consider these risks.
Chronic physical
Not evaluated See explanation immediately above.
Upstream
Not evaluated See explanation immediately above; it applies to upstream
activities.
Downstream
Not evaluated Not applicable since Noble has no downstream business.
(C2.2d) Describe your process(es) for managing climate-related risks and opportunities.
Please see sections C2.2b and C12 for this information. As mentioned previously, under the direction of our Noble’s Board of Directors, we have created a
new Climate Program. This program will further consider and assess climate risks and opportunities. Communication on this top ic is forthcoming in the
coming months.
Risk disclosure
(C2.3) Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your
business?
● Yes
● No
(C2.3b) Why do you not consider your organization to have climate-related opportunities?
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Please explain
Evaluation in progress
Noble has recently established a Climate Program that will consider and evaluate climate risk and any associated financial or strategic impacts to our business. More information on this topic will be communicated in the coming months
Opportunity disclosure
(C2.4) Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your
business?
● Yes
● Yes, we have identified opportunities but are unable to realize them
● No
(C2.4b) Why do you not consider your organization to have climate-related opportunities?
Please explain
Evaluation in progress
Noble has recently established a Climate Program that will consider and evaluate climate risk and any associated financial or strategic impacts to our business. More information on this topic will be communicated in the coming months
Business impact assessment
(C2.5) Describe where and how the identified risks and opportunities have impacted your business.
Area Impact Description
Products and services
● Not evaluated
Noble has recently established a Climate Program that will
consider and evaluate climate risk and any associated financial or
strategic impacts to our business. More information on this topic
Page 24
will be communicated in the coming months. As part of this effort
we will evaluate emerging standards, frameworks and guidelines
emanating from a variety of domestic and international
organizations including (e.g., Task Force for Climate Related
Financial Disclosures, the Sustainability Accounting Standards
Board, the UN).
Supply chain and/or value chain
● Not evaluated
See above.
Adaptation and mitigation activities
● Not evaluated
See above.
Investment in R&D
● Not evaluate
See above.
Operations
● Not evaluated
See above.
Other, please specify
● Not evaluated
See above.
Financial planning assessment
(C2.6) Describe where and how the identified risks and opportunities have factored into your financial planning process.
Area Relevance Description
Revenues
Not evaluated
Noble has recently established a Climate Program that will
consider and evaluate climate risk and any associated financial or
strategic impacts to our business. More information on this topic
will be communicated in the coming months. As part of this effort
we will evaluate emerging standards, frameworks and guidelines
emanating from a variety of domestic and international
organizations (e.g., Task Force for Climate Related Financial
Page 25
Disclosures, the Sustainability Accounting Standards Board, the
UN).
Operating costs
Not evaluated See above
Capital expenditures/capital allocation
Not evaluated See above
Acquisitions and divestments
Not evaluated See above
Access to capital
Not evaluated See above
Assets
Not evaluated See above
Liabilities
Not evaluated See above.
Other
Not evaluated
Page 26
C3 Business strategy
Business strategy
(C3.1) Are climate-related issues integrated into your business strategy?
● Yes
● No (However new Climate Program will consider and evaluate climate issues).
(C3.1f) Why are climate-related issues not integrated into your business objectives and strategy?
Noble recognizes that climate change is the subject of global focus among governments, investors and the public. Noble remains committed to adapting and
improving methods for developing energy resources so that we can protect assets and adjust, as necessary, to changing risk factors. Under the direction of the
Board of Directors, Noble recently established a new Climate Program that will more deeply evaluate and manage for climate risk. Further communication on this
topic is forthcoming. As part of this program we will evaluate emerging standards, frameworks and guidelines emanating from a variety of domestic and international
organizations including (e.g., Task Force for Climate Related Financial Disclosures, the Sustainability Accounting Standards Board, the UN).
Additionally, the newly formed Noble Safety, Sustainability and Corporate Responsibility (SSCR) Committee assists the Board in shaping business strategy to reflect
a host of external risks, including those associated with climate (see page 11 for further details).
(C3.1g) Why does your organization not use climate-related scenario analysis to inform your business strategy?
As mentioned above, Noble recently created a Climate Program, which will more deeply evaluate a host of climate related considerations and scenarios affecting our
business. Further communication on this topic is forthcoming.
Page 27
C4 Targets and performance
Targets
(C4.1) Did you have an emissions target that was active in the reporting year?
● Absolute target
● Intensity target
● Both absolute and intensity targets
● No target
(C4.1c) Explain why you do not have an emissions target, and forecast how your emissions will change over the next five years.
Primary reason Five-year forecast Please explain
● We are planning to introduce a target in the next two years
● Important but not an immediate business priority
● Judged to be unimportant, explanation provided
● Lack of internal resources
● Insufficient data on operations
● No instruction from management
● Other, please specify
Noble Energy does not currently have a forecast for specific
emissions reductions and is reviewing multi-year forecasts.
Noble places high importance on achieving compliance with
all applicable air quality rules and regulations. We have
teams that work to interpret these regulatory requirements,
implement them and achieve compliance.
Overall in 2017, our global direct greenhouse gas emissions
decreased by four percent. During the year, we acquired
Clayton Williams Energy, which had extensive holdings in
Texas. Emissions from these operations have been added in
our environmental database and emissions inventory. The
newly acquired assets are being upgraded to comply with our
standard operating practices (SOPs), which include an audit
of all facilities, analysis and corrective planning and
completion of all upgrades. Notably, these new operations
have contributed to a 67 percent increase in our global
indirect greenhouse gas emissions (a smaller measure driven
Page 28
primarily by higher electricity use). As a result, our total
greenhouse gas emissions intensity, measured as tons of
carbon dioxide equivalent per thousand barrels of oil
equivalent production, rose slightly, from 13 to 14. We
anticipate that our efforts - completed and ongoing - to bring
the newly acquired assets up to our operating standards will
bring reductions in these areas. The foregoing explanation
exemplifies why it can be misleading to establish absolute
emissions targets. As such, Noble continues to evaluate
options for the most representative ways to target emissions.
The new Climate Program will consider targeting options.
Other climate-related targets
(C-OG4.2a) Explain, for your oil and gas production activities, why you do not have a methane-specific emissions reduction target or do
not incorporate methane into your targets reported in C4.2, and forecast how your methane emissions will change over the next five years.
Please see response to C4.1c, above. Please also see Section C12 for discussion on proactive measures Noble currently takes to reduce methane
emissions while increasing operating efficiencies, even though we currently do not utilize emission reduction targets.
Emissions reduction initiatives
(C4.3) Did you have emissions reduction initiatives that were active within the reporting year? Note that this can include those in the
planning and/or implementation phases.
● Yes
● No
Page 29
(C4.3a) Identify the total number of projects at each stage of development, and for those in the implementation stages, the estimated CO2e
savings.
Stage of development Number of projects Total estimated annual CO2e savings in metric tons CO2e
(only for rows marked *)
Under investigation
0 0
To be implemented*
0 0
Implementation commenced*
0 0
Implemented*
2
95699
Not to be implemented
0 0
(C4.3b) Provide details on the initiatives implemented in the reporting year in the table below.
Activity type Description of
activity
Estimated
annual CO2e
savings (metric
tons CO2e)
Scope Voluntary/
Mandatory
Annual
monetary
savings (unit
currency, as
specified in
C0.4)
Investment
required (unit
currency, as
specified in
C0.4)
Payback
period
Estimated
lifetime of the
initiative
Comment
Process
emissions
reduction
New
equipment
91,447 Scope 1 M Mandatory 1,092,904 1,500,000 1-3 years >30 years Noble Energy
installs Vapor
Recovery Units
(VRUs) at
many of its
Page 30
newly
constructed
well pad
facilities in the
United States.
VRUs are
commonly
used to capture
fumes for
further use,
while reducing
flaring and
volatile organic
compound
(VOC)
emissions. The
Company has
invested
millions of
dollars to install
more than 200
VRUs in its US
Onshore
operations.
Estimated
monetary
savings are
around
363,091
thousand scf x
$3.01/thousand
scf =
Page 31
$1,092,904
USD, with a 2
year payback
period.
In addition,
Noble also
uses solar
energy to
power various
on-well
chemical
injection
pumps and
telemetry
systems.
Fugitive
emissions
reductions
Oil/natural gas
methane leak
capture/prevention
914252
Scope 1
Mandatory
37837 700000 16-20 years >30 years Proactively
identifying
maintenance
opportunities
can help
reduce air
emissions and
costs, while
increasing the
quantity of
natural gas
available for
sale. Noble
Energy has a
team of
Page 32
individuals that
monitor work
sites with
infrared
cameras to
detect natural
gas leaks
(Scope 1
emissions) that
cannot be seen
with the naked
eye. Most of
the inspections
are mandatory
in the DJ
Basin. For this
reporting year,
most of the
emission
reduction due
to this program
was initiated at
sites located in
TXBU, with an
estimated
4,252 metric
tons CO2e
reduced and
$37,837 USD
saved with a
payback period
Page 33
approximately
20 years.
(C4.3c) What methods do you use to drive investment in emissions reduction activities?
Method Comment
Employee engagement
Noble Energy has internal resources (e.g., employee webpage, newsletter and meetings
to assist integration among business functions and environmental and community
relations teams) that raise awareness among employees of efforts by the Company to
reduce emissions. They include news about engagement on methane regulations,
emission reduction technologies the company is evaluating/employing and opportunities
for engagement with field personnel to seek and advance recommendations on emission
reduction initiatives. These opportunities extend to summer interns. We also hold
recurring “Lunch and Learns” with non-environmental teams to increase awareness,
which have created knowledgeable allies in other groups to watch for opportunities and
risks.
Partnering with governments on technology development
Noble Energy committed $5 million over five years to Weld County school districts to
support the conversion and purchase of new CNG-fueled school buses. This project not
only helps local school districts replace aging buses, it also helps the region expand the
market for CNG. By the end of 2017, 49 CNG school buses were in operation, which
means that Noble Energy is closing in on the goal of donating 75 buses by the end of
2018. Through this commitment, Noble works with local and federal agencies to secure
matching funds to convert as many buses as possible as well as support infrastructure
development to enhance the ability of natural gas cars, trucks and vehicle fleets to grow
in Colorado. In addition, the lower cost of CNG saves the districts an average of $3,500
per bus each year.
Noble is also engaging/partnering with government agencies (e.g., State of Colorado and
EPA), NGOs (e.g., EDF) and academic institutions (e.g., Colorado State University) to
advance methane detection and measurement technologies and better understand how
pneumatic devices can operate with lower emissions. Another example includes
cooperation with local and federal governments on a pneumatic controller assessment to
reduce emissions where reductions are available.
Page 34
Low-carbon products
(C4.5) Do you classify any of your existing goods and/or services as low-carbon products or do they enable a third party to avoid GHG
emissions?
● Yes
● No
(C4.5a) Provide details of your products and/or services that you classify as low-carbon products or that enable a third party to avoid GHG
emissions.
Level of aggregation Description of product/
Group of products
Are these low-carbon
product(s) or do they enable
avoided emissions?
Taxonomy, project, or
methodology used to
classify product(s) as low-
carbon or to calculate
avoided emissions
% revenue from low-carbon
product(s) in the reporting
year
Comment
● Company-wide
As a producer of natural gas,
Noble Energy increases the
ability for end users to
substitute higher GHG fossil
fuels with cleaner-burning
fuels.
Noble also uses solar energy
to power various on-well
chemical injection pumps and
telemetry systems.
● Avoided emissions
● Other, please specify
Emission factor differences
40%
Methane reduction efforts
Page 35
(C-OG4.6) Describe your organization’s efforts to reduce methane emissions from oil and gas production activities.
Reducing methane emissions continues to be an environmental priority. To minimize these emissions, we employ best management practices such as using
available direct pipeline take-away access for our produced gas and oil and install instrument air skids to power pneumatic devices. We also control emissions and
minimize flaring of gas by recovering or re-injecting natural gas and create integrated development plans ensuring there is capacity in the pipeline for Noble
produced gas, thereby minimizing or eliminating the need to flare produced gas. In 2017, we prevented emitting more than 2 billion cubic feet of methane making it
standard design to have vapor recovery units on facilities in the U.S.
Methane intensity (total methane emitted expressed as a percentage of natural gas production) held steady in 2017. Intensity was 0.18 percent compared to 0.15
percent in 2016. We will evaluate this concept more deeply as part of the new Climate Program.
We continue to evolve the design of our production facilities to produce oil and natural gas with fewer air emissions, including those emissions for which there are
public health standards (e.g., ozone and particulate matter). In the DJ Basin, for example, the fourth-generation Econode (Production facilities) consolidates well pad
operations by achieving sales quality oil within process equipment and discharging oil directly into the pipeline. This eliminates production tanks from facility designs
in most cases, thereby eliminating the need for potential VOC, NOx and particulate emission sources such as trucks, tanks and combustion equipment that reduce
visibility and contribute to ozone. Use of our Gen 4 EcoNodes in the DJ Basin contributed to a reduction of more than 30 percent in our onshore U.S. emissions of
VOCs, an ozone precursor, in 2017. The lessons learned from this success are now being applied to our growing Permian Basin and Eagle Ford Shale operations in
Texas.
Leak detection and repair
(C-OG4.7) Does your organization conduct leak detection and repair (LDAR) or use other methods to find and fix fugitive methane
emissions from oil and gas production activities?
● Yes
● No, we do not have a program in place
● No, this is not relevant to our operations
Page 36
(C-OG4.7a) Describe the protocol through which methane leak detection and repair or other leak detection methods, are conducted for oil
and gas production activities, including predominant frequency of inspections, estimates of assets covered, and methodologies employed.
Noble takes the initiative to identify maintenance opportunities that can help reduce air emissions and operating costs, while increasing the quantity of natural gas
available for sale. This “keep it in the pipe” strategy is comprised of a team of individuals that monitor work sites with infrared cameras to detect natural gas leaks
(Scope 1 emissions) that cannot be seen with the naked eye. Most of the inspections are now mandatory in the DJ Basin as a result of Colorado Regulation 7, which
Noble helped to develop in 2014. With dedicated staff assigned to the program, the Company is able to find and fix most leaks on the spot.
Flaring reduction efforts
(C-OG4.8) If flaring is relevant to your oil and gas production activities, describe your organization’s efforts to reduce flaring, including any
flaring reduction targets.
Reducing methane emissions continues to be a top environmental priority. To minimize these emissions, we employ best manageme nt practices such as
using available direct pipeline take-away access and instrument air pneumatic devices. We also control emissions and minimize flaring of gas by recovering
or re-injecting natural gas, actively pursuing sufficient take-away capacity for associated produced gas, utilizing tankless well completions and product
measurement. In 2017, we prevented emitting more than 2 billion cubic feet of methane through increased use of vapor recovery units in the U.S. Th e new
Climate Program will consider additional flaring reduction opportunities and targets.
Page 37
C5 Emissions methodology
Base year emissions
(C5.1) Provide your base year and base year emissions (Scopes 1 and 2).
Scope Base year start Base year end Base year emissions (metric tons
CO2e)
Comment
Scope 1
01/01/2012
31/12/2012
2078600
Scope 2 (location-based)
01/01/2012
31/12/2012
61630
Scope 2 (market-based)
Emissions methodology
(C5.2) Select the name of the standard, protocol, or methodology you have used to collect activity data and calculate Scope 1 and Scope 2
emissions.
● ABI Energia Linee Guida
● Act on the Rational Use of Energy
● American Petroleum Institute Compendium of Greenhouse Gas Emissions Methodologies for the Oil and Natural Gas Industry, 2009
● Australia - National Greenhouse and Energy Reporting Act
Page 38
● Bilan Carbone
● Brazil GHG Protocol Programme
● Canadian Association of Petroleum Producers, Calculating Greenhouse Gas Emissions, 2003
● China Corporate Energy Conservation and GHG Management Programme
● Defra Voluntary 2017 Reporting Guidelines
● ENCORD: Construction CO2e Measurement Protocol
● Energy Information Administration 1605B
● Environment Canada, Sulphur hexafluoride (SF6) Emission Estimation and Reporting Protocol for Electric Utilities
● Environment Canada, Aluminum Production, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Base Metals Smelting/Refining, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Cement Production, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Primary Iron and Steel Production, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Lime Production, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Primary Magnesium Production and Casting, Guidance Manual for Estimating Greenhouse Gas Emissions
● Environment Canada, Metal Mining, Guidance Manual for Estimating Greenhouse Gas Emissions
● EPRA (European Public Real Estate Association) guidelines, 2011
● European Union Emission Trading System (EU ETS): The Monitoring and Reporting Regulation (MMR) – General guidance for installations
● European Union Emissions Trading System (EU ETS): The Monitoring and Reporting Regulation (MMR) – General guidance for aircraft operators
● Hong Kong Environmental Protection Department, Guidelines to Account for and Report on Greenhouse Gas Emissions and Removals for
Buildings, 2010
● ICLEI Local Government GHG Protocol
● India GHG Inventory Programme
● International Wine Industry Greenhouse Gas Protocol and Accounting Tool
● IPCC Guidelines for National Greenhouse Gas Inventories, 2006
● IPIECA's Petroleum Industry Guidelines for reporting GHG emissions, 2003
● IPIECA’s Petroleum Industry Guidelines for reporting GHG emissions, 2nd edition, 2011
● ISO 14064-1
● Japan Ministry of the Environment, Law Concerning the Promotion of the Measures to Cope with Global Warming, Superceded by Revision of the
Act on Promotion of Global Warming Countermeasures (2005 Amendment)
● Korea GHG and Energy Target Management System Operating Guidelines
Page 39
● New Zealand - Guidance for Voluntary, Corporate Greenhouse Gas Reporting
● Philippine Greenhouse Gas Accounting and Reporting Programme (PhilGARP)
● Programa GEI Mexico
● Regional Greenhouse Gas Initiative (RGGI) Model Rule
● Smart Freight Centre: GLEC Framework for Logistics Emissions Methodologies
● Taiwan - GHG Reduction Act
● Thailand Greenhouse Gas Management Organization: The National Guideline Carbon Footprint for organization
● The Climate Registry: Electric Power Sector (EPS) Protocol
● The Climate Registry: General Reporting Protocol
● The Climate Registry: Local Government Operations (LGO) Protocol
● The Climate Registry: Oil & Gas Protocol
● The Cool Farm Tool
● The GHG Indicator: UNEP Guidelines for Calculating Greenhouse Gas Emissions for Businesses and Non-Commercial Organizations
● The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition)
● The Greenhouse Gas Protocol Agricultural Guidance: Interpreting the Corporate Accounting and Reporting Standard for the Agricultural Sector
● The Greenhouse Gas Protocol: Public Sector Standard
● The Tokyo Cap-and Trade Program
● US EPA Climate Leaders: Direct Emissions from Iron and Steel Production
● US EPA Climate Leaders: Direct Emissions from Municipal Solid Waste Landfilling
● US EPA Climate Leaders: Direct HFC and PFC Emissions from Manufacturing Refrigeration and Air Conditioning Equipment
● US EPA Climate Leaders: Direct HFC and PFC Emissions from Use of Refrigeration and Air Conditioning Equipment
● US EPA Climate Leaders: Indirect Emissions from Purchases/ Sales of Electricity and Steam
● US EPA Climate Leaders: Direct Emissions from Stationary Combustion
● US EPA Climate Leaders: Direct Emissions from Mobile Combustion Sources
● US EPA Mandatory Greenhouse Gas Reporting Rule
● WBCSD: The Cement CO2 and Energy Protocol
● World Steel Association CO2 emissions data collection guidelines
● Other, please specify
Page 40
Page 41
C6 Emissions data
Scope 1 emissions data
(C6.1) What were your organization’s gross global Scope 1 emissions in metric tons CO2e?
Gross global Scope 1 emissions (metric tons CO2e) Comment
2438670 Text field [maximum 2,400 characters]
Scope 2 emissions reporting
(C6.2) Describe your organization's approach to reporting Scope 2 emissions.
Scope 2, location-based Scope 2, market-based Comment
● We are reporting a Scope 2, location-based figure
● We are not reporting a Scope 2, location-based figure
● We are reporting a Scope 2, market-based figure
● We have no operations where we are able to access
electricity supplier emission factors or residual emission
factors, and are unable to report a Scope 2, market-based
figure
● We have operations where we are able to access electricity
supplier emission factors or residual emissions factors, but are
unable to report a Scope 2, market-based figure
Scope 2 emissions data
Page 42
(C6.3) What were your organization's gross global Scope 2 emissions in metric tons CO2e?
Scope 2, location-based Scope 2, market-based (if applicable) Comment
38438
The 2017 Scope 2 emission metrics are higher than 2016 Scope
2 emission metrics because (2) field offices energy consumption
was not factored in the 2016 Scope 2 emission metrics. This was
because we recently acquired these 2 field offices mid-year in
2017 and we noted this in our 2017 CDP report, as well as, here
in our 2018 CDP response.
Exclusions
(C6.4) Are there any sources (e.g., facilities, specific GHGs, activities, geographies) of Scope 1 and Scope 2 emissions that are within your
selected reporting boundary which are not included in your disclosure?
● Yes
● No
Scope 3 emissions data
(C6.5) Account for your organization’s Scope 3 emissions, disclosing and explaining any exclusions.
Sources of Scope 3
emissions
Evaluation status Metric tons CO2e Emissions calculation
methodology
Percentage of emissions
calculated using data
obtained from suppliers or
value chain partners
Explanation
Purchased goods and services
● Not evaluated
Capital goods
● Not evaluated
Page 43
Fuel-and-energy-related
activities (not included in
Scope 1 or 2)
● Not evaluated
Upstream transportation and
distribution
● Not evaluated
Waste generated in operations
● Not evaluated
Business travel
● Relevant, calculated
4591.56
EPA Climate Leaders
Guidance
100
Employee commuting
● Relevant, calculated
8745.67 EPA Climate Leaders
Guidance
0
Upstream leased assets
● Not evaluated
Downstream transportation
and distribution
● Not evaluated
Processing of sold products
● Not evaluated
Use of sold products
● Relevant, calculated
27462289 EPA Subpart W Combustion.
0
This was calculated by taking
the natural gas sold value from
the 2017 Annual Report and
assuming it was all combusted
by downstream customers.
End of life treatment of sold
products
● Not relevant, explanation
provided
Noble Energy investigated the
relevance of this Scope 3
source and concluded this
source is not relevant due to
the fact that GHG life cycle
assessments of petroleum
Page 44
fuels do not include an “end-of-
life treatment of sold products”
stage, as our products are
consumed during use.
Downstream leased assets
● Not relevant, explanation
provided
Noble Energy does not have
any downstream leased assets
at the current time so our
emissions are zero.
Franchises
● Not relevant, explanation
provided
Noble Energy does have any
franchises at the current time
so our emissions are zero.
Investments
● Not evaluated
We have a midstream
company that is not included in
our numbers.
Other (upstream)
● Not relevant, explanation
provided
There are no activities
upstream of Noble Energy and
any work done on its operated
site is included in the Scope 1
emissions inventory.
Therefore, any emissions from
hydraulic fracturing, drilling, or
workover operations conducted
by contractors are included in
the Noble Energy Scope 1
inventory. Therefore, our
Scope 3 emissions from other
sources are zero.
Other (downstream)
● Not evaluated
The re
Emissions from biologically sequestered carbon
Page 45
(C6.7) Are carbon dioxide emissions from biologically sequestered carbon relevant to your organization?
Change from 2017
No change (2017 CC8.9)
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Select one of the following options:
● Yes
● No
Emissions intensities
(C6.10) Describe your gross global combined Scope 1 and 2 emissions for the reporting year in metric tons CO2e per unit currency total
revenue and provide any additional intensity metrics that are appropriate to your business operations.
Intensity figure Metric numerator
(Gross global
combined Scope 1
and 2 emissions)
Metric denominator Metric denominator:
Unit total
Scope 2 figure used % change from
previous year
Direction of change Reason for change
0.00054
2281639
● unit total revenue
● barrel of oil
equivalent (BOE)
● billion (currency)
funds under
management
● full time equivalent
(FTE) employee
● kilometer
4256000000
● Location-based
● Market-based
26
● Increased
● Decreased
● No change
Our revenue
increased due to
higher sales volumes
of liquid in 2017. This
increase in revenue
led to overall
decreases in intensity.
Page 46
● liter of product
● megawatt hour
generated (MWh)
● megawatt hour
transmitted (MWh)
● metric ton of
product
● ounce of gold
● ounce of platinum
● passenger
kilometer
● room night
produced
● square foot
● square meter
● metric ton of
aggregate
● metric ton of
aluminum
● metric ton of coal
● metric ton of ore
processed
● metric ton of steel
● unit hour worked
● unit of production
● unit of service
provided
● vehicle produced
● Other, please
specify
Emissions intensities: Oil and gas
(C-OG6.12) Provide the intensity figures for Scope 1 emissions (metric tons CO2e) per unit of hydrocarbon category.
Page 47
Unit of hydrocarbon
category (denominator)
Metric tons CO2e from
hydrocarbon category per
unit specified
% change from previous
year
Direction of change Reason for change Comment
Select all that apply:
● Thousand barrels of crude
oil / condensate
● Thousand barrels of natural
gas liquids
● Thousand barrels of oil
sands (includes bitumen
and synthetic crude)
● Million cubic feet of natural
gas
● Thousand barrels of
refinery throughput
● Thousand barrels of
refinery net production
● Thousand metric tons of
‘high value chemicals’
(lower olefins)
● Other, please specify
43
10
Select from:
● Increased
● Decreased
● No change
Noble used thousand barrels of
oil equivalent as denominator
here which gas volume is
converted to BOE. The
emissions between 2016 and
2017 decreased, however,
there was an increase in
oil/condensate liquid
production in 2017.
(C-OG6.13) Report your methane emissions as percentages of natural gas and hydrocarbon production or throughput.
Oil and gas business division Estimated total methane emitted expressed
as % of natural gas production or throughput
at given division
Estimated total methane emitted expressed
as % of total hydrocarbon production or
throughput at given division
Comment
Select all that apply:
● Upstream
● Downstream
● Chemicals
● Other, please specify
0.220 0.110
Page 48
Page 49
C7 Emissions breakdown
Scope 1 breakdown: GHGs
(C7.1) Does your organization have greenhouse gas emissions other than carbon dioxide?
● Yes
● No
● Don’t know
(C7.1a) Break down your total gross global Scope 1 emissions by greenhouse gas type and provide the source of each used global
warming potential (GWP).
Greenhouse gas Scope 1 emissions (metric tons in CO2e) GWP Reference
Select from:
● CO2
● CH4
● N2O
● HFCs
● PFCs
● SF6
● NF3
● Other, please specify
1908609
Select from:
● IPCC Fifth Assessment Report (AR5 – 100 year)
● IPCC Fourth Assessment Report (AR4 - 100 year)
● IPCC Third Assessment Report (TAR - 100 year)
● IPCC Second Assessment Report (SAR - 100 year)
● IPCC Fourth Assessment Report (AR4 - 50 year)
● IPCC Third Assessment Report (TAR - 50 year)
● IPCC Second Assessment Report (SAR - 50 year)
● IPCC Fifth Assessment Report (AR5 – 20 year)
● IPCC Fourth Assessment Report (AR4 - 20 year)
● IPCC Third Assessment Report (TAR - 20 year)
● IPCC Second Assessment Report (SAR - 20 year)
● Other, please specify
● CH4
523397 ● IPCC Fourth Assessment Report (AR4 - 100 year)
Page 50
● N2O
6664 ● IPCC Fourth Assessment Report (AR4 - 100 year)
(C-OG7.1b) Break down your total gross global Scope 1 emissions from oil and gas value chain production activities by greenhouse gas
type.
Emissions category Gross Scope 1 CO2 emissions
(metric tons CO2)
Gross Scope 1 methane emissions
(metric tons CH4)
Total gross Scope 1 GHG
emissions (metric tons CO2e)
Comment
Fugitives (Oil: Total)
173261.31
9530.77
411621.49
Fugitives (Oil: Venting)
492.64
6720.47
168504.44
Fugitives (Oil: Flaring)
172638.48
1049.23
198960.22
Fugitives (Oil: E&P, excluding venting
and flaring)
130.19
1761.07
44156.83
Fugitives (Oil: All other)
0
0
0
Fugitives (Gas: Total)
153620.66
8450.37
364960.68
Fugitives (Gas: Venting)
436.79
5958.65
149403.02
Fugitives (Gas: Flaring)
153068.44
930.29
176406.38
Fugitives (Gas: E&P, excluding
venting and flaring)
115.43
1561.43
35151.28
Page 51
Fugitives (Gas: Midstream)
0
0
0
Fugitives (Gas: All other)
0
0
0
Combustion (Oil: Upstream, excluding
flaring)
822279.72
1564.97
863381.27
Combustion (Gas: Upstream,
excluding flaring)
729067.31
1387.57
765509.65
Combustion (Refining)
0
0
0
Combustion (Chemicals production)
0
0
0
Combustion (Electricity generation)
0
0
0
Combustion (Other)
0
0
0
Process emissions
0
0
0
Emissions not elsewhere classified
30379.64
2.19
33196.53
Mobile sources directly associated
with operations
Scope 1 breakdown: country
(C7.2) Break down your total gross global Scope 1 emissions by country/region.
Page 52
Country/Region Scope 1 emissions (metric tons CO2e)
United States of America
1542355
Equatorial Guinea
689572
Israel
206743
Scope 1 breakdown: business breakdown
(C7.3) Indicate which gross global Scope 1 emissions breakdowns you are able to provide.
● By business division
● By facility
● By activity
(C7.3c) Break down your total gross global Scope 1 emissions by business activity.
Activity Scope 1 emissions (metric tons CO2e)
Combustion
1628891
Flaring 375367
Fugitive 83308
Mobile 33197
Venting 317907
Page 53
Scope 1 breakdown: sector production activities
(C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4) Break down your organization’s total gross global Scope 1
emissions by sector production activity in metric tons CO2e.
Sector production activity Gross Scope 1 emissions, metric tons CO2e Comment
Oil and gas production activities (upstream)**
2438670
Oil and gas production activities (downstream)**
0
Scope 2 breakdown: country
(C7.5) Break down your total gross global Scope 2 emissions by country/region.
Country/Region Scope 2, location-based (metric
tons CO2e)
Scope 2, market-based (metric tons
CO2e)
Purchased and consumed
electricity, heat, steam or cooling
(MWh)
Purchased and consumed low-
carbon electricity, heat, steam or
cooling accounted in market-based
approach (MWh)
United States of America
34437
0
54637
0
Israel
4001
0
5427
0
Equatorial Guinea
0
0
0
0
Page 54
Scope 2 breakdown: business breakdowns
(C7.6) Indicate which gross global Scope 2 emissions breakdowns you are able to provide.
● By business division
● By facility
● By activity
(C7.6a) Break down your total gross global Scope 2 emissions by business division.
Business division Scope 2, location-based (metric tons CO2e) Scope 2, market-based (metric tons CO2e)
Corporate Offices
7016
0
Field
31422
0
Scope 2 breakdown: sector production activities
(C-CE7.7/C-CH7.7/C-CO7.7/C-MM7.7/C-OG7.7/C-ST7.7/C-TO7.7/C-TS7.7) Break down your organization’s total gross global Scope 2
emissions by sector production activity in metric tons CO2e.
Sector production activity Scope 2, location-based, metric tons CO2e Scope 2, market-based (if applicable), metric
tons CO2e
Comment
Page 55
Oil and gas production activities (upstream)*
31422 0
Oil and gas production activities (downstream)*
0 0
Emissions performance
(C7.9) How do your gross global emissions (Scope 1 and 2 combined) for the reporting year compare to those of the previous reporting
year?
● Increased
● Decreased
● Remained the same overall
● This is our first year of reporting, so we cannot compare to last year
● We don’t have any emissions data
(C7.9a) Identify the reasons for any change in your gross global emissions (Scope 1 and 2 combined), and for each of them specify how
your emissions compare to the previous year.
Reason Change in emissions (metric tons
CO2e)
Direction of change Emissions value (percentage) Please explain calculation
Change in renewable energy
consumption
0 ● No change
0 Noble Energy had no change in
renewable energy consumption.
Other emissions reduction activities
35130
● Decreased
1.38
Associated gas flaring decreased in
DJ Basin Gathering & Boosting
operations from 2016 to 2017,
resulting in a decrease of 35,130
Page 56
tonnes CO2e. This value divided by
last year's gross global emissions of
2,543,127 tonnes CO2e resulted in a
reduction of 1.38%.
Divestment
31577 ● Decreased
1.24 There were several divestitures in
2016 from certain properties in
Noble's Marcellus Shale, DJ Basin,
and Eagleford properties. Due to the
difficulty of calculating the exact
decrease of divested properties from
larger business units, the 1.24%
decrease is calculated only from the
Marcellus Shale divestment. A
decrease of 31,577 tonnes CO2e
resulted in a 1.24% decrease.
(31,577/2,543,127)*100 = 1.24%
Acquisitions
99505 ● Increased
3.91 Noble Energy acquired the Clayton
Williams in 2017. The added
emissions (99,505) divided by last
year's total (2,543,127) gave us a
3.91% increase.
(99,505/2,543,127)*100 = 3.91%
Mergers
0 ● No change
0 Noble Energy reported no mergers in
2017.
Change in output
145511 ● Decreased
5.72 The 5.72% listed here represents the
reduction in flaring from offshore
Equatorial Guinea operations from
2016 to 2017. The reason for the
reduction was less input into the
facility, which resulted in a decrease
of 145,511 tonnes CO2e.
(145,511/2,543,127)*100 = 5.72%
Change in methodology
0 ● No change
0 There is no methodology change for
emission calculations for year 2017.
Page 57
Change in boundary
8643 ● Decreased
0.34 The 0.34% listed here represents the
reduction in mobile fuel usage in
offshore Falklands. The reason for the
reduction was no operations in year
2017, which resulted in a decrease of
8,643 tonnes CO2e.
(8,643/2,543,127)*100 = 0.34%.
Change in physical operating
conditions
92535 ● Increased
3.64 There were several changes in
operating conditions that resulted in
the overall increase of 3.64%. The
increased operation activities in
Permian area caused an emission
increase of 46,007 tonnes CO2e.
There was also increased emissions
from Noble's Eastern Mediterranean
operations (46,528 tonnes CO2e).
[(46,007+46,528))/2,543,127]*100 =
3.64%.
Unidentified
0 ● No change
0 Noble Energy had no unidentified
changes.
Other
0 ● No change
0 Noble Energy had no other changes.
(C7.9b) Are your emissions performance calculations in C7.9 and C7.9a based on a location-based Scope 2 emissions figure or a market-
based Scope 2 emissions figure?
● Location-based
● Market-based
● Don’t know
Page 58
C8 Energy
Energy spend
(C8.1) What percentage of your total operational spend in the reporting year was on energy?
● 0%
● More than 0% but less than or equal to 5%
● More than 5% but less than or equal to 10%
● More than 10% but less than or equal to 15%
● More than 15% but less than or equal to 20%
● More than 20% but less than or equal to 25%
● More than 25% but less than or equal to 30%
● More than 30% but less than or equal to 35%
● More than 35% but less than or equal to 40%
● More than 40% but less than or equal to 45%
● More than 45% but less than or equal to 50%
● More than 50% but less than or equal to 55%
● More than 55% but less than or equal to 60%
● More than 60% but less than or equal to 65%
● More than 65% but less than or equal to 70%
● More than 70% but less than or equal to 75%
● More than 75% but less than or equal to 80%
● More than 80% but less than or equal to 85%
● More than 85% but less than or equal to 90%
● More than 90% but less than or equal to 95%
Page 59
● More than 95% but less than or equal to 100%
● Don’t know
Energy-related activities
(C8.2) Select which energy-related activities your organization has undertaken.
Activity Indicate whether your organization undertakes this energy-related activity
Consumption of fuel (excluding feedstocks)
Yes
Consumption of purchased or acquired electricity
Yes
Consumption of purchased or acquired heat
No
Consumption of purchased or acquired steam
No
Consumption of purchased or acquired cooling
No
Generation of electricity, heat, steam, or cooling
Yes
(C8.2a) Report your organization’s energy consumption totals (excluding feedstocks) in MWh.
Activity Heating value MWh from renewable sources MWh from non-renewable sources Total MWh
● HHV (higher heating value)
0
7035163
7035163
Page 60
Consumption of fuel (excluding
feedstock)
Consumption of purchased or
acquired electricity
N/A
60064 60064
Consumption of purchased or
acquired heat
N/A 0
0
0
Consumption of purchased or
acquired steam
N/A 0
0
0
Consumption of purchased or
acquired cooling
N/A 0
0
0
Consumption of self-generated non-
fuel renewable energy
N/A 0
N/A
0
Total energy consumption
N/A 0 0
7095226
(C8.2b) Select the applications of your organization’s consumption of fuel.
Fuel application Indicate whether your organization undertakes this fuel application
Consumption of fuel for the generation of electricity
Yes
Page 61
Consumption of fuel for the generation of steam
No
Consumption of fuel for the generation of cooling
No
Consumption of fuel for co-generation or tri-generation
No
(C8.2c) State how much fuel in MWh your organization has consumed (excluding feedstocks) by fuel type.
Fuels Heating value Total MWh consumed by the organization MWh consumed for self-generation of
electricity
Acetylene; Agricultural Waste; Alternative Kiln
Fuel (Wastes); Animal Fat; Animal/Bone Meal;
Anthracite Coal; Asphalt; Aviation Gasoline;
Bagasse; Bamboo; Basic Oxygen Furnace Gas
(LD Gas); Biodiesel; Biodiesel Tallow; Biodiesel
Waste Cooking Oil; Bioethanol; Biogas;
Biogasoline; Biomass Municipal Waste;
Biomethane; Bitumen; Bituminous Coal; Black
Liquor; Blast Furnace Gas; Brown Coal
Briquettes (BKB); Burning Oil; Butane; Butylene;
Charcoal; Coal; Coal Tar; Coke; Coke Oven
Gas; Coking Coal; Compressed Natural Gas
(CNG); Condensate; Crude Oil; Crude Oil Extra
Heavy; Crude Oil Heavy; Crude Oil Light;
Diesel; Distillate Oil; Dried Sewage Sludge;
Ethane; Ethylene; Fuel Gas; Fuel Oil Number 1;
Fuel Oil Number 2; Fuel Oil Number 4; Fuel Oil
Number 5; Fuel Oil Number 6; Gas Coke; Gas
Oil; Gas Works Gas; GCI Coal; General
Municipal Waste; Grass; Hardwood; Heavy Gas
Oil; Hydrogen; Industrial Wastes; Isobutane;
Isobutylene; Jet Gasoline; Jet Kerosene;
Kerosene; Landfill Gas; Light Distillate; Lignite
Coal; Liquefied Natural Gas (LNG); Liquefied
● HHV
8083 0
Page 62
Petroleum Gas (LPG); Liquid Biofuel;
Lubricants; Marine Fuel Oil; Marine Gas Oil;
Metallurgical Coal; Methane; Motor Gasoline;
Naphtha; Natural Gas; Natural Gas Liquids
(NGL); Natural Gasoline; Non-Biomass
Municipal Waste; Non-Biomass Waste; Oil
Sands; Oil Shale; Orimulsion; Other Petroleum
Gas; Paraffin Waxes; Patent Fuel; PCI Coal;
Peat; Pentanes Plus; Petrochemical
Feedstocks; Petrol; Petroleum Coke; Petroleum
Products; Pitch; Plastics; Primary Solid
Biomass; Propane Gas; Propane Liquid;
Propylene; Refinery Feedstocks; Refinery Gas;
Refinery Oil; Residual Fuel Oil; Road Oil; SBP;
Shale Oil; Sludge Gas; Softwood; Solid Biomass
Waste; Special Naphtha; Still Gas; Straw;
Subbituminous Coal; Sulphite Lyes; Tar; Tar
Sands; Thermal Coal; Thermal Coal
Commercial; Thermal Coal Domestic; Thermal
Coal Industrial; Tires; Town Gas; Unfinished
Oils; Vegetable Oil; Waste Oils; Waste Paper
and Card; Waste Plastics; Waste Tires; White
Spirit; Wood; Wood Chips; Wood Logs; Wood
Pellets; Wood Waste; Other, please specify
Motor Gasoline ● HHV
23309 0
Diesel ● HHV
612535 0
Natural Gas ● HHV
6388176 6388176
Liquefied Natural Gas (LNG) ● HHV
3059 0
Page 63
MWh consumed for self-generation of heat MWh consumed for self-generation of steam MWh consumed for self-generation of
cooling
MWh consumed self-cogeneration or self-
trigeneration
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
(C8.2d) List the average emission factors of the fuels reported in C8.2c.
Fuel Emission factor Unit Emission factor source Comment
Jet Kerosene
9.75
Select from:
● metric tons CO2e per m3
● metric tons CO2 per m3
● metric tons CO2e per liter
● metric tons CO2 per liter
● metric tons CO2e per barrel
● metric tons CO2 per barrel
● metric tons CO2e per Mg
● metric tons CO2 per Mg
● metric tons CO2e per metric ton
● metric tons CO2 per metric ton
● metric tons CO2e per short ton
EPA Mobile Document
Text field [maximum 2,400 characters]
Page 64
● metric tons CO2 per short ton
● metric tons CO2e per MWh
● metric tons CO2 per MWh
● metric tons CO2e per GJ
● metric tons CO2 per GJ
● metric tons CO2e per million Btu
● metric tons CO2 per million Btu
● metric tons CO2e per boe
● metric tons CO2 per boe
● metric tons CO2e per toe
● metric tons CO2 per toe
● metric tons CO2e per tce
● metric tons CO2 per tce
● metric tons CO2e per Gcal
● metric tons CO2 per Gcal
● kg CO2e per m3
● kg CO2 per m3
● kg CO2e per liter
● kg CO2 per liter
● kg CO2e per barrel
● kg CO2 per barrel
● kg CO2e per gallon
● kg CO2 per gallon
● kg CO2e per Mg
● kg CO2 per Mg
● kg CO2e per metric ton
● kg CO2 per metric ton
● kg CO2e per short ton
● kg CO2 per short ton
● kg CO2e per MWh
● kg CO2 per MWh
● kg CO2e per GJ
● kg CO2 per GJ
● kg CO2e per million Btu
● kg CO2 per million Btu
Page 65
● kg CO2e per boe
● kg CO2 per boe
● kg CO2e per toe
● kg CO2 per toe
● kg CO2e per tce
● kg CO2 per tce
● kg CO2e per Gcal
● kg CO2 per Gcal
● lb CO2e per 1000 cubic ft3
● lb CO2 per 1000 cubic ft3
● lb CO2e per gallon
● lb CO2 per gallon
● lb CO2e per barrel
● lb CO2 per barrel
● lb CO2e per short ton
● lb CO2 per short ton
● lb CO2e per MWh
● lb CO2 per MWh
● lb CO2e per GJ
● lb CO2 per GJ
● lb CO2e per million Btu
● lb CO2 per million Btu
● lb CO2e per boe
● lb CO2 per boe
● lb CO2e per toe
● lb CO2 per toe
● lb CO2e per tce
● lb CO2 per tce
● lb CO2e per Gcal
● lb CO2 per Gcal
Motor Gasoline 70.22 ● kg CO2 per million Btu
EPA GHG MRR Subpart C
Diesel 73.96 ● kg CO2 per million Btu
EPA GHG MRR Subpart C
Page 66
Natural Gas 53.06 ● kg CO2 per million Btu
EPA GHG MRR Subpart C
Liquefied Natural Gas (LNG) 53.06 ● kg CO2 per million Btu
EPA GHG MRR Subpart C
(C8.2e) Provide details on the electricity, heat, steam, and cooling your organization has generated and consumed in the reporting year.
Energy Carrier Total Gross generation (MWh) Generation that is consumed by
the organization (MWh)
Gross generation from renewable
sources (MWh)
Generation from renewable
sources that is consumed by the
organization (MWh)
Electricity
612535 612535
0
0
Heat
0
0
0
0
Steam
0
0
0
0
Cooling
0
0
0
0
Page 67
C9 Additional metrics
Other climate-related metrics
(C9.1) Provide any additional climate-related metrics relevant to your business.
Description Metric value Metric numerator Metric denominator
(intensity metric only)
% change from previous
year
Direction of change Please explain
Oil and gas production
(C-OG9.2a) Disclose your net liquid and gas hydrocarbon production (total of subsidiaries and equity-accounted entities).
Hydrocarbon category In-year net production Comment
Crude oil and condensate, million barrels
47.81
From company's 2017 Annual Report, Table on Page 22
Natural gas liquids, million barrels
23.25
From company's 2017 Annual Report, Table on Page 22
Oil sands, million barrels (includes bitumen and synthetic crude)
0.00
Page 68
Natural gas, billion cubic feet
407.98
407.9 8
From company's 2017 Annual Report, Table on Page 22
Oil and gas reserves methodology
(C-OG9.2b) Explain which listing requirements or other methodologies you use to report reserves data. If your organization cannot provide
data due to legal restrictions on reporting reserves figures in certain countries, please explain this.
Our policies and processes regarding internal controls over the recording of reserves estimates require reserves to be in compliance with the Securities and Exchange Commission (SEC) definitions and guidance and prepared in accordance with Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers. Our internal controls over reserves estimates also include the following: • the Audit Committee of our Board of Directors reviews significant reserves changes on an annual basis; • fields that meet a minimum reserve quantity threshold, newly sanctioned development projects, and certain fields selected on a rotational basis, which combined represent over 80% of our proved reserves, are audited by Netherland, Sewell & Associates, Inc. (NSAI), a third-party petroleum consulting firm, on an annual basis; and • NSAI is engaged by, and has direct access to, the Audit Committee. See Third-Party Reserves Audit, below.
The SEC’s reserves rules allow the use of techniques that have been proved effective by actual production from projects in the same reservoir or an analogous reservoir or by other evidence using reliable technology that establishes reasonable certainty. Reliable technology is a grouping of one or more technologies (including computational methods) that has been field tested and has been demonstrated to provide reasonably certain results with consistency and repeatability in the formation being evaluated or in an analogous formation. We used a combination of production and pressure performance, wireline wellbore measurements, simulation studies, offset analogies, seismic data and interpretation, wireline formation tests, geophysical logs and core data to calculate our reserves estimates, including the material additions to the 2017 reserves estimates. Based on reasonable certainty of reservoir continuity in US onshore formations where we operate, we may record proved reserves associated with wells more than one offset location away from an existing proved producing well. All of our wells drilled that were more than one offset away from a proved producing well at the time of drilling were determined to be economically producible.
Oil and gas total reserves
(C-OG9.2c) Disclose your estimated total net reserves and resource base (million BOE), including the total associated with subsidiaries
and equity-accounted entities.
Page 69
Estimated total net proved + probable reserves (2P) (million
BOE)
Estimated total net proved + probable + possible reserves
(3P) (million BOE)
Estimated net total resource base (million BOE)
X X 1965.00
Oil and gas reserves split
(C-OG9.2d) Provide an indicative percentage split for 2P, 3P reserves, and total resource base by hydrocarbon categories.
Hydrocarbon category Net proved + probable reserves (2P) (%) Net proved + probable + possible reserves
(3P) (%)
Net total resource base (%)
Crude oil / condensate / Natural gas liquids
35
Natural gas
65
Oil sands (includes bitumen and synthetic
crude)
0
0
0
Oil and gas split by development type
(C-OG9.2e) Provide an indicative percentage split for production, 1P, 2P, 3P reserves, and total resource base by development types.
Development type In-year net production
(%)
Net proved reserves
(1P) (%)
Net proved + probable
reserves (2P) (%)
Net proved + probable +
possible reserves (3P)
(%)
Net total resource base
(%)
Comment
Page 70
Select from:
● Onshore
● Shallow-water
● Deepwater
● Ultra deepwater
● Arctic
● Oil sand/extra heavy
oil
● Tight/shale
● LNG
● Other, please specify
72
48
Gulf of Mexico
number included
● Other, please
specify, offshore
operations
28
52
Low-carbon investments: Coal / Electric utilities / Oil & gas
(C-CO9.6/C-EU9.6/C-OG9.6) Disclose your investments in low-carbon research and development (R&D), equipment, products, and services.
Response options
Investment start date Investment end date Investment area Technology area Investment maturity Investment figure Low-carbon
investment
percentage
Please explain
Numerical field
From:
[DD/MM/YYYY]
Numerical field
To: [DD/MM/YYYY]
Select from:
● R&D
● Property, plant and
equipment
Select from:
Coal
● Advanced control
systems
Select from:
● Basic
academic/theoretic
al research
Numerical field [enter
a number from 0-
999,999,999,999
using a maximum of 2
Select from:
● 0 - 20%
● 21 - 40%
● 41 - 60%
Text field [maximum
2,400 characters]
Page 71
● Products
● Services
● Carbon capture and
storage/utilisation
● Coal bed methane
capture
● Combustion
optimisation and
modification
● Monitoring systems
to reduce
emissions
● Process
improvements
● Renewable energy
● Steam turbine
and/or other
component
upgrades
● Other, please
specify
Electric Utilities
● Carbon capture and
storage/utilisation
● Demand side
response programs
● Digital technology
● Distributed energy
resources
● Energy storage
● Infrastructure
● Renewable energy
● Smart grids
● Smart meters
● Steam turbine
and/or other
component
upgrades
● Applied research
and development
● Pilot demonstration
● Full/commercial-
scale
demonstration
● Small scale
commercial
deployment
● Large scale
commercial
deployment
decimal places and no
commas]
● 61 - 80%
● 81 - 100%
Page 72
● Other, please
specify
Oil and Gas
● Infrastructure
● Renewable energy
● Smart systems
● Advanced fluids
● Advanced materials
● Carbon capture and
storage/utilisation
● Enhanced Oil
Recovery (EOR)
techniques
● Hydrogen
● Methane detection
and reduction
● Energy efficiency in
transport
● Steam turbine
and/or other
component
upgrades
● Other energy
efficiency measures
in the oil and gas
value chain
● Other, please
specify
Breakeven price (US$/BOE)
Page 73
(C-OG9.7) Disclose the breakeven price (US$/BOE) required for cash neutrality during the reporting year, i.e., where cash flow from
operations covers CAPEX and dividends paid/share buybacks.
Response options
Numerical field [enter a number from 0-999 using a maximum of 2 decimal places].
Transfers & sequestration of CO2 emissions
(C-OG9.8) Is your organization involved in the sequestration of CO2?
Question dependencies
● Yes
● No
Page 74
C10 Verification
Verification
(C10.1) Indicate the verification/assurance status that applies to your reported emissions.
Scope Verification/assurance status
Scope 1
Select from:
● No emissions data provided
● No third-party verification or assurance
● Third-party verification or assurance process in place
Scope 2 (location-based or market-based)
● No third-party verification or assurance
Scope 3
● No third-party verification or assurance
Other verified data
(C10.2) Do you verify any climate-related information reported in your CDP disclosure other than the emissions figures reported in C6.1,
C6.3, and C6.5?
● Yes
● In progress
Page 75
● No, but we are actively considering verifying within the next two years
● No, we are waiting for more mature verification standards and/or processes
● No, we do not verify any other climate-related information reported in our CDP disclosure
Page 76
C11 Carbon pricing
Carbon pricing systems
(C11.1) Are any of your operations or activities regulated by a carbon pricing system (i.e., ETS, Cap & Trade or Carbon Tax)?
● Yes
● No, but we anticipate being regulated in the next three years
● No, and we do not anticipate being regulated in the next three years
Project-based carbon credits
(C11.2) Has your organization originated or purchased any project-based carbon credits within the reporting period?
● Yes
● No
Internal price on carbon
(C11.3) Does your organization use an internal price on carbon?
● Yes
● No, but we anticipate doing so in the next two years
● No, and we don’t anticipate doing so in the next two years
Page 77
Page 78
C12 Engagement
Value chain engagement
(C12.1) Do you engage with your value chain on climate-related issues?
● Yes, our suppliers
● Yes, our customers
● Yes, other partners in the value chain
● No, we do not engage
(C12.1a) Provide details of your climate-related supplier engagement strategy.
Type of engagement Details of
engagement
% of suppliers by
number
% total procurement
spend (direct and
indirect)
% Scope 3
emissions as
reported in C6.5
Rationale for the
coverage of your
engagement
Impact of
engagement,
including measures
of success
Comment
● Compliance &
onboarding
● Information
collection
(understanding
supplier behavior)
● Engagement &
incentivization
(changing supplier
behavior)
Compliance &
onboarding
● Included climate
change in supplier
selection /
management
mechanism
● Code of conduct
featuring climate
change KPIs
0
Where possible, Noble
Energy works with its
supply chain to
promote the use of
CNG and LNG. Noble
Energy gives
preference to
suppliers with lower
GHG emitting
technologies. In 2013,
the Company began
including information
in some of its Request
Due to our
partnerships,
approximately 50% of
all water in the DJ
Basin is hauled by
natural gas vehicles, a
number the Company
is proud of and will
work to maintain
and/or improve upon.
These trucks help the
companies reduce
costs and emissions.
Page 79
● Innovation &
collaboration
(changing markets)
● Other, please
specify
● Climate change is
integrated into
supplier evaluation
processes
● Other, please
specify
Information collection
(understanding
supplier behavior)
● Collect climate
change and carbon
information at least
annually from
suppliers
● Other, please
specify
Engagement &
incentivization
(changing supplier
behavior)
● Run an
engagement
campaign to
educate suppliers
about climate
change
● Climate change
performance is
featured in supplier
awards scheme
● Offer financial
incentives for
suppliers who
reduce your
operational
emissions (Scopes
1 &2)
for Proposals (RFPs)
requiring a response
to the applicant’s
commitment to natural
gas and weighted this
response when
evaluating potential
new suppliers. Noble
Energy prioritizes
supplier engagements
by fuel usage and/or
the ability to take
trucks off the road all
together. In 2016,
Noble Energy has
continued to work
closely with the water
haulers Renewable
Fiber and Dillon
Transport, where
financing was
provided for CNG
trucks .
Natural gas vehicles
are cleaner than
traditional gasoline or
diesel vehicles,
resulting in 70-90%
less carbon monoxide,
75-95% less nitrogen
oxide, and 20-30%
less carbon dioxide
emissions.
Additionally, natural
gas is significantly less
expensive: on
average, natural gas is
over one-third less
expensive than
gasoline and between
25-42% less
expensive than diesel.
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● Offer financial
incentives for
suppliers who
reduce your
downstream
emissions (Scopes
3)
● Offer financial
incentives for
suppliers who
reduce your
upstream
emissions (Scopes
3)
● Other, please
specify
Innovation &
collaboration
(changing markets)
● Run a campaign to
encourage
innovation to
reduce climate
impacts on
products and
services
● Other, please
specify
Other
● Other, please
specify
● Innovation &
collaboration
(changing
markets)
● Other,
please specify,
Collaborating on
new technologies.
The Company has
been working with one
of our major suppliers
to pilot new
technologies. They are
The Company has
been working with one
of our major suppliers
to pilot new
technologies on our
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an important supplier
of ours due to price
availability, quality,
technology, and
relationship and so
this collaboration and
piloting engagement
made sense to
explore.
well pads. Through
our joint engagement
in this area, we are
exploring the possible
reduction in methane
emissions which if
successful will be
made available to the
entire oil and gas
industry( See C2.2c).
Public policy engagement
(C12.3) Do you engage in activities that could either directly or indirectly influence public policy on climate-related issues through any of
the following?
● Direct engagement with policy makers
● Trade associations
● Funding research organizations
● Other
● No
(C12.3a) On what issues have you been engaging directly with policy makers?
Focus of legislation Corporate position Details of engagement Proposed legislative solution
Regulation of methane
● Support with minor exceptions
In 2017 Noble Energy participated in
development of revisions to Colorado
Regulation 7. We supported the Colorado
Department of Public Health and Environment
The revisions to ACQQ Regulation 7 established
additional emission control requirements and
LDAR inspection frequencies, with little material
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(CDPHE) staff recommendations and worked to
garner broad support by industry trades and
Environmental Defense Fund. The revisions
altered LDAR frequency and related ozone and
methane emissions strategies. An outcome of
the rulemaking was an agreement to create a
pneumatic controller task force to better
understand how to better manage emissions
from this equipment. Noble serves on this task
force.
impact on Noble Colorado operations due to our
standard operating practices.
OOO
Regulation of methane by U.S. Environmental
Protection Agency (EPA)
Support with minor exceptions Noble has engaged with U.S. EPA on likely
forthcoming changes to the regulation of
methane from oil and gas operations (OOOOa).
We intend to comment on technical
improvements to the regulation.
OOOOa is the federal rule that directly regulates
methane from new and modified air pollution
sources. Noble supports this rule and, as with all
regulations where we have developed
experience complying with them, have
suggestions for how they can achieve their
goals more effectively and efficiently. We will
continue to engage EPA and all regulatory
agency partners in this manner.
[Add Row]
(C12.3b) Are you on the board of any trade associations or do you provide funding beyond membership?
● Yes
● No
(C12.3c) Enter the details of those trade associations that are likely to take a position on climate change legislation.
Trade association Is your position on climate change
consistent with theirs?
Please explain the trade association’s
position
How have you influenced, or are you
attempting to influence the position?
American Exploration & Production Council
American Petroleum Institute
Independent Petroleum Association of America
International Petroleum Industry Environmental
Select from:
● Consistent
There is diversity of opinions among trade
associations.
Through active engagement, analysis and
education on various committees and boards.
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Conservation Association
National Ocean Industries Association
US Oil and Gas Association
US Chamber of Commerce
● Inconsistent
● Mixed
● Unknown
(C12.3f) What processes do you have in place to ensure that all of your direct and indirect activities that influence policy are consistent
with your overall climate change strategy?
Noble’s system for tracking and engaging in current and proposed climate change legislation and regulation is achieved through functions of three
internal groups within the company: The Climate Program, the Government Relations Program and the EHSR Regulatory Policy group. These
groups work together under the leadership of The Senior Vice President for Global Operations Services to ensure consistency among Noble’s direct
and indirect activities involving climate change policy, including Noble’s association with various governmental and non-governmental organizations
(NGOs), the public and trade associations.
Communications
(C12.4) Have you published information about your organization’s response to climate change and GHG emissions performance for this
reporting year in places other than in your CDP response? If so, please attach the publication(s).
Publication Status Attach the document Content elements
Select from:
● In mainstream reports
● In mainstream reports in accordance with
TCFD recommendations
Select from:
● Complete
● Underway – previous year attached
● Underway – this is our first year
http://investors.nblenergy.com/static-
files/eb9dcdba-e068-478e-b767-c33f72a3c89f
Select all that apply:
● Governance
● Strategy
● Risks & Opportunities
● Emissions figures
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● In mainstream reports, in line with CDSB
framework
● In mainstream reports, in accordance with
TCFD recommendation AND in line with
CDSB framework
● In other regulatory filings
● In voluntary communications
● In voluntary sustainability report
● No publications with information about our
response to climate-related issues and GHG
emissions performance
● Other, please specify
● Emission targets
● Other metrics
● Other, please specify
● In voluntary sustainability report
● Complete
https://www.nblenergy.com/sustainability ● Governance
● Strategy
● Emissions figures
● Other metrics
● Other, please specify other
environmental metrics, including Air
Emissions (VOCs, NOx,SOx,CO); Methane
Emissions Reduction; Energy use;
Onshore, basin and shale water
consumption
● In voluntary communications
● Complete
https://www.nblenergy.com/sites/default/files/Fin
al%20-
%202017%20Disclosing%20the%20Facts.pdf
● Governance
Page 85
C14 Signoff
Signoff
(C14.1) Provide details for the person that has signed off (approved) your CDP climate change response.
Corresponding job category
Executive Vice President of Operations
Senior Vice President Global Operations Services
Select from:
● Board chair
● Board/Executive board
● Director on board
● Chief Executive Officer (CEO)
● Chief Financial Officer (CFO)
● Chief Operating Officer (COO)
● Chief Procurement Officer (CPO)
● Chief Risk Officer (CRO)
● Chief Sustainability Officer (CSO)
● Other C-Suite Officer
● President
● Business unit manager
● Energy manager
● Environmental, health and safety manager
● Environment/Sustainability manager
● Facilities manager
● Process operation manager
● Procurement manager
● Public affairs manager
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● Risk manager
● Other, please specify
Important Information
Companies should not consider their CDP response a means of complying with any regulatory requirement to share financially sensitive
non-public information with the market. You may wish to consult with your financial, legal, and/or compliance departments for advice on
your company’s general approach to the provision of forward-looking statements and information concerning risks.
CDP questionnaire copyright and licensed use
The copyright to CDP’s annual questionnaire/s is owned by CDP Worldwide, a registered charity number 1122330 and a company limited
by guarantee, registered in England number 05013650. Any use of any part of the questionnaire, including the questions, must be licensed
by CDP. Any unauthorized use is prohibited and CDP reserves the right to protect its copyright by all legal means necessary.
Terms for responding to Investors (2018 Climate Change)
These terms apply if you are submitting a response to the CDP Climate Change Questionnaire 2018 to Investors. If you are also submitting
a response to Supply Chain Members the Terms for responding to Supply Chain Members (2018 Climate Change), below, will also apply.
1.DEFINITIONS
Billing Company: means the organization determined in accordance with the table at the end of these terms.
CDP: means CDP Worldwide, a charitable company registered with the Charity Commission of England and Wales (registered charity no. 1122330
and a company number 05013650). References to “we”, “our” and “us” in these terms are references to CDP and the Billing Company.
Deadline: means 15 August 2018.
Fee: means the fee set out in the table at the end of these terms, which is exclusive of any applicable taxes.
Full version: means the version of the Questionnaire which contains all questions that are applicable to you.
Minimum version: means the version of the Questionnaire which contains a subset of the questions included in the Full Version.
Personal Data: means data which relates to an individual who can be identified from the data, such as a person’s name and job title.
Questionnaire: means the Full Version and the Minimum Version of the CDP Climate Change Questionnaire 2018.
Responding Company: means the company responding to the Questionnaire. References to “you” and “your” in these terms are references to the
Responding Company.
2.PARTIES
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The parties to these terms shall be CDP, the Billing Company (where the Billing Company is not CDP) and the Responding Company.
3.THESE TERMS
These are the terms that apply when you submit a response to our Questionnaire to Investors. If you do not agree to these terms, please contact us
at [email protected] to discuss them with us.
4.RESPONDING TO OUR QUESTIONNAIRE
General. When responding to our Questionnaire, you will be given a choice as to whether your response can be made public or whether your
response is non-public. We strongly encourage you to make your response public.
Deadline for responding. You must submit your response to us using our online response system by the Deadline for your response to be eligible
for scoring and inclusion in any reports.
Public responses. If you agree that your response can be made public, we may use and make it available for all purposes that we decide (whether
for a fee or otherwise), including, for example, making your responses available on our website, to our investor signatories and other third parties and
scoring your response.
Non-public responses. If your response is non-public, we may use it only as follows:
(a) make it available as soon as it is received by CDP to our investor signatories (as listed on our website) either directly or through Bloomberg
terminals, for any use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in
such manner that it has the effect of being anonymized;
(b) make it available as soon as it is received by CDP to our group companies and affiliates (for example, CDP North America, Inc), our country
partners, research partners, report writers and scoring partners:
(i) to score your response; and
(ii) for any other use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in such
manner that it has the effect of being anonymized.
Amending your response. You may amend a response that you have submitted at any time before the Deadline. After the Deadline has passed,
your response can only be amended by our staff and we may charge a fee. Please note that any changes that you make to your response after the
Deadline may not be reflected in any score or in any report.
Scoring of responses to the Full Version (of the Questionnaire). If you submit your response to the Full Version in English using our online
response system:
(a) by the Deadline, your response will be scored;
(b) after the Deadline but on or before 1 October 2018 you can request an ‘On-Demand’ score for a fee. Please email [email protected] for
more information on On-Demand scoring.
Please contact your local CDP office for information about scoring if you intend to submit your response in a language other than English.
Page 88
Scoring of responses to the Minimum Version (of the Questionnaire). Responses to the Minimum Version will only be scored in certain
circumstances. Please contact your local CDP office for further information.
Publication of scores. If you are responding to a CDP Climate Change Questionnaire for the first time you may choose for your score to be “private”
but in all other cases CDP may publish your score, regardless of whether your response is public or non-public. If you choose for your score to be
“private”, unless you achieve an A grade in which case we may make your score public, we may only make it available to our group companies and
affiliates (for example, CDP North America, Inc), our country partners, research partners, report writers and scoring partners, in each case for any use
within their organizations but not for publication. Note that if you also submit your response to Supply Chain Members it will also be available to any
Supply Chain Member that has asked you to respond to the Questionnaire. For further details please see the Terms for responding to Supply
Chain Members (2018 Climate Change).
5.FEE
Fee. We are a not-for-profit organization and charge certain companies an annual administrative fee to enable us to maintain the disclosure system.
Unless you are exempt from paying the Fee, as set out below, if you are listed, incorporated or headquartered in a country/region that is listed in the
next paragraph, you are required to pay the Fee plus any applicable taxes. The Fee is payable once regardless of how many responses (climate
change, forests and water security) you submit in 2018. Please note that we may charge an additional fee if you want to change your response after
you have submitted your response and you are seeking to make the change after the Deadline or if you submit your response after the Deadline and
you would like it to be scored.
Countries/regions where the Fee applies. A Responding Company will be required to pay the Fee if it is listed, incorporated or headquartered in
any one of the following countries/regions:
Argentina, Australia, Austria, Bahamas, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Channel Islands, Chile, Colombia, Denmark, Finland,
France, Germany, Hong Kong, Iceland, India, Indonesia, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway,
Peru, Philippines, Portugal, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UK or the USA.
Exemptions from the Fee. A Responding Company is exempt from paying the Fee if:
(a) it falls within one of CDP’s investor samples and it has not submitted a response to CDP in the last three years; or
(b) it is responding only to CDP’s supply chain request.
Please note we will decide in our absolute discretion as to whether the Fee is payable or not and we will notify you before you submit your response.
A full list of companies in our investor samples is available on our website.
Payment of the Fee. You must pay the Fee by credit or debit card or request an invoice via CDP’s online corporate dashboard, which must be paid
within such time as set out in the invoice. Please note that you will not be able to submit your response unless you have paid the Fee, you have
requested an invoice or you are exempt from paying the Fee.
6.RIGHTS IN THE RESPONSES
Page 89
Ownership. All intellectual property rights in your response will be owned by you or your licensors.
License. You grant to us, or shall procure for us, a perpetual, irrevocable, non-exclusive, assignable, sub-licensable, royalty-free and global license to
use your response and any copyright and data base rights in your response for the uses set out in these terms.
7.IMPORTANT REPRESENTATIONS
You confirm that:
(a) the person submitting the response to us is authorized by you to submit the response;
(b) you have obtained all necessary consents and permissions to submit the response to us; and
(c) the response that you submit:
(i) does not infringe the rights of any third party (including privacy, publicity or intellectual property rights);
(ii) does not defame any third party; and
(iii) does not include any Personal Data.
8.LIABILITY
We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury
caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation.
We are not liable for business losses. Subject to these terms, CDP and the Billing Company have no liability to you in any circumstances for any
loss of revenue, loss of profit, loss of business, business interruption, loss of business opportunity, loss of goodwill, loss of reputation, loss of, damage
to or corruption of data or software or any indirect or consequential loss or damage.
Exclusion of liability. Subject to these terms, CDP and the Billing Company have no liability to you in any circumstances arising from the content or
submission of your response to us, our use of your response and/or the use of your response by any third parties.
Limitation of liability. Subject to these terms, CDP and the Billing Company’s total liability to you in all circumstances shall be limited to an amount
equivalent to the Fee or to £625 if you are not required to pay the Fee.
9.GENERAL
We may transfer our rights to someone else. We may transfer our rights and obligations under these terms to another organization.
Nobody else has any rights under these terms. These terms are between you and us. No other person shall have any rights to enforce any of its
terms.
Entire agreement. These terms constitute the entire agreement between you and us unless you also choose to share your response with supply
chain members, in which case you will also be subject to our Terms for responding to Supply Chain Members (2018 Climate Change).
Variation. CDP (acting on its own behalf and the Billing Company’s behalf, if applicable) reserves the right to change these terms at any time. Such
changes shall be effective immediately or such other time as CDP elects. In the event of any materially adverse changes, you may request to
withdraw your response within 30 days of us notifying you of the change.
Page 90
If a court finds part of these terms illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court
or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
Governing law and jurisdiction. These terms are governed by English law and you and us both agree to the exclusive jurisdiction of the English
courts to resolve any dispute or claim arising out of or in connection with these terms or their subject matter or formation.
Language. If these terms are translated into any language other than English, the English language version will prevail.
10.AMOUNT OF FEE
Location of Responding Company Fee (exclusive of any applicable taxes)
Brazil
BRL 3,560
India
INR 67,000
Japan
JPY 97,500
UK
GBP 625
Europe (excluding UK)
EUR 925
Rest of the world
USD 975
11.BILLING COMPANY
Billing Company Location of Responding Company
CDP Worldwide Australia, Bahamas, Bermuda, Cayman Islands, Channel Islands, Hong Kong, Indonesia, Ireland,
Malaysia, New Zealand, Philippines, Singapore, South Africa, South Korea, Taiwan, Thailand,
Turkey, United Kingdom
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CDP Worldwide (Europe) gGmbH Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Luxembourg, Netherlands,
Norway, Portugal, Spain, Sweden, Switzerland
CDP North America, Inc Canada, USA
Carbon Disclosure Project (Latin America) Argentina, Brazil, Chile, Colombia, Mexico, Peru
Carbon Disclosure Project India India
一般社団法人
CDP Worldwide-Japan
Japan
If the Responding Company is located in a territory that is not listed in the table above, the Billing Company shall be CDP Worldwide.
Terms for responding to Supply Chain Members (2018 Climate Change)
These terms apply if you are submitting a response to the CDP Climate Change Questionnaire 2018 to Supply Chain Members. If you are
also submitting a response to Investors the Terms for responding to Investors (2018 Climate Change), above, will also apply.
1.DEFINITIONS
CDP: means CDP Worldwide, a charitable company registered with the Charity Commission of England and Wales (registered charity no. 1122330
and a company number 05013650). References to “we”, “our” and “us” in these terms are references to CDP.
Deadline: means 29 August 2018.
Full version: means the version of the Questionnaire which contains all questions that are applicable to you.
Minimum version: means the version of the Questionnaire which contains a subset of the questions included in the Full Version.
Personal Data: means data which relates to an individual who can be identified from the data, such as a person’s name and job title.
Questionnaire: means the Full Version and the Minimum Version of the CDP Climate Change Questionnaire 2018.
Responding Company: means the company responding to the Questionnaire. References to “you” and “your” in these terms are references to the
Responding Company.
Supply Chain Member: means an organization that is requesting data from its suppliers.
Page 92
2.PARTIES
The parties to these terms shall be CDP and the Responding Company.
3.THESE TERMS
These are the terms that apply when you submit a response to our Questionnaire to Supply Chain Members. If you do not agree to these terms,
please contact us at [email protected] to discuss them with us.
4.RESPONDING TO OUR QUESTIONNAIRE
General. When responding to our Questionnaire, you will be given a choice as to whether your response can be made public or whether your
response is non-public. We strongly encourage you to make your response public, but in either case, we will not divulge the relationship between you
and any Supply Chain Member that has asked you to respond other than to our group companies and affiliates (for example, CDP North America,
Inc), our country partners, research partners, report writers and scoring partners, all of which are obliged to keep such relationship confidential.
Deadline for responding. You must submit your response to us using our online response system by the Deadline for your response to be eligible
for scoring and inclusion in any reports.
Public responses. If you agree that your response can be made public, we may use and make it available for all purposes that we decide (whether
for a fee or otherwise), including, for example, making your responses available on our website, to our investor signatories and other third parties and
scoring your response. Note that information you submit within the Supply Chain module (2018 climate change) will be treated as non-public (see
below for details).
Non-public responses. If your response is non-public, we may use it only as follows:
(a) make it available as soon as it is received by CDP to any Supply Chain Member that has asked you to respond to the Questionnaire for any use
within their organization but not for publication unless any data from your response has been anonymized or aggregated in such manner that it has
the effect of being anonymized;
(b) make it available as soon as it is received by CDP to our group companies and affiliates, our country partners, research partners, report writers
and scoring partners:
(i) to score your response; and
(ii) for any other use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in such
manner that it has the effect of being anonymized.
Supply Chain module (2018 climate change). Information you submit in response to the Supply Chain module (2018 climate change) (questions
SC0, SC1, SC2, SC3 and SC4 of the Questionnaire) will be treated as non-public even if you choose to make your response public. Questions
SC1.1, SC2.1, SC2.2a, SC3.1a and SC4.2e ask you to select a Supply Chain Member using a drop-down menu in our online response system, and
only the Supply Chain Member you select for each row will have access to the information in it. For all other questions in the Supply Chain module
(2018 climate change) the information you submit will be accessible to any Supply Chain Member that has asked you to respond to the
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Questionnaire. All information you submit in the Supply Chain module (2018 climate change) will be accessible to CDP and to our group companies
and affiliates, our country partners, research partners, report writers and scoring partners, all of which are obliged to keep such information
confidential.
Amending your response. You may amend a response that you have submitted at any time before the Deadline. After the Deadline has passed,
your response can only be amended by our staff and we may charge a fee. Please note that any changes that you make to your response after the
Deadline may not be reflected in any score or in any report.
Scoring of responses to the Full Version (of the Questionnaire). If you submit your response to the Full Version in English using our online
response system:
(a) by the Deadline, your response will be scored;
(b) after the Deadline but on or before 1 October 2018 you can request an ‘On-Demand’ score for a fee. Please email [email protected] for
more information on On-Demand scoring.
Please contact your local CDP office for information about scoring if you intend to submit your response in a language other than English.
Scoring of responses to the Minimum Version (of the Questionnaire). Responses to the Minimum Version will only be scored in certain
circumstances. Please contact your local CDP office for further information.
Publication of scores. Unless you achieve an A grade, in which case we may make your score public, we may only make your score available to
any Supply Chain Member that has asked you to respond to the Questionnaire, our group companies and affiliates (for example, CDP North America,
Inc), our country partners, research partners, report writers and scoring partners, in each case for any use within their organizations but not for
publication.
5.RIGHTS IN THE RESPONSES
Ownership. All intellectual property rights in your response will be owned by you or your licensors.
License. You grant to us, or shall procure for us, a perpetual, irrevocable, non-exclusive, assignable, sub-licensable, royalty-free and global license to
use your response and any copyright and data base rights in your response for the uses set out in these terms.
6.IMPORTANT REPRESENTATIONS
You confirm that:
(a) the person submitting the response to us is authorized by you to submit the response;
(b) you have obtained all necessary consents and permissions to submit the response to us; and
(c) the response that you submit:
(i) does not infringe the rights of any third party (including privacy, publicity or intellectual property rights);
(ii) does not defame any third party; and
(iii) does not include any Personal Data.
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7.LIABILITY
We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury
caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation.
We are not liable for business losses. Subject to these terms, CDP has no liability to you in any circumstances for any loss of revenue, loss of
profit, loss of business, business interruption, loss of business opportunity, loss of goodwill, loss of reputation, loss of, damage to or corruption of data
or software or any indirect or consequential loss or damage.
Exclusion of liability. Subject to these terms, CDP has no liability to you in any circumstances arising from the content or submission of your
response to us, our use of your response and/or the use of your response by any third parties.
Limitation of liability. Subject to these terms, CDP’s total liability to you in all circumstances shall be limited to £625.
8.GENERAL
We may transfer our rights to someone else. We may transfer our rights and obligations under these terms to another organization.
Nobody else has any rights under these terms. These terms are between you and us. No other person shall have any rights to enforce any of its
terms.
Entire agreement. These terms constitute the entire agreement between you and us, unless you also choose to share your response with investors
in which case you will also be subject to our Terms for responding to Investors (2018 Climate Change).
Variation. CDP reserves the right to change these terms at any time. Such changes shall be effective immediately or such other time as CDP elects.
In the event of any materially adverse changes, you may request to withdraw your response within 30 days of us notifying you of the change.
If a court finds part of these terms illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court
or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
Governing law and jurisdiction. These terms are governed by English law and you and us both agree to the exclusive jurisdiction of the English
courts to resolve any dispute or claim arising out of or in connection with these terms or their subject matter or formation.
Language. If these terms are translated into any language other than English, the English language version will prevail.
About CDP
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and
protect forests.
Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor
and buyer power to motivate companies to disclose and manage their environmental impacts.
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Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the
over 500 cities and 100 states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how
companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean
Business Coalition. Please visit www.cdp.net or follow us @CDP to find out more.
What is the legal status of CDP?
CDP Worldwide (CDP) is a UK Registered Charity no. 1122330 and a company limited by guarantee registered in England no. 05013650. The charity
has wholly owned subsidiaries in Germany and China and companies in Australia, Brazil and India over which it exercises control through majority
Board representation. In the US, CDP North America, Inc. is an independently incorporated affiliate which has United States IRS 501(c)(3) charitable
status.
© 2018 CDP Worldwide