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Methodology · Green Stars

The Precision of Progress

Mainstream ESG scorecards mix every sector into one basket, hide their weights, and reward disclosure volume over real-world performance. Green Stars is the opposite — sector-native, open-weight, and safeguarded. Every metric, coefficient and override on this page is public so the rating can be audited line by line.

Design principles

Three pillars behind the rating

01 · Pillar

Transparency-first

Every weight, threshold and safeguard is disclosed in plain text — not buried in a licensed data product. Any analyst can recompute a company's score from the published inputs and reproduce the level within one decimal of our number.

02 · Pillar

Performance-driven

We measure outcomes, not the thickness of a sustainability report. Emission intensity, TRIR, recycling rate and committed transition CapEx carry the weight; glossy narratives carry none. Good reporting without measurable change moves no stars.

03 · Pillar

Sector-specific

Oil and gas is physical, capital-heavy and methane-exposed. The rubric matches: methane management is a full pillar, transition-capex a fifth of the score, spill records sit alongside water use. Comparing to a tech company would be meaningless.

Seven weighted metrics

What we score and why it matters

Each metric is scored on a 0–20 scale. The weighting reflects how strongly the metric moves real climate, safety and community outcomes in an upstream oil and gas business.

M1

GHG intensity

20%

Kilograms of CO₂-equivalent per barrel of oil-equivalent, scope 1 and 2. This is the highest single weight because direct operational emissions dominate an upstream company's climate footprint.

M2

Methane management

15%

OGMP 2.0 disclosure level, continuous monitoring coverage and leak-detection cadence. Methane traps roughly eighty times more heat than CO₂ over a twenty-year horizon, so tight management changes outcomes fast.

M3

Energy transition

20%

Science-Based Targets depth, share of low-carbon CapEx, and a credible retirement plan for fossil assets. Weighted equally with GHG — a pure reduction on today's barrels without a transition plan is not a decarbonising business.

M4

Water stewardship

10%

Freshwater withdrawal intensity, recycling rate, and the multi-year spill record. In water-stressed basins a small operational footprint is the difference between accepted and contested projects.

M5

Workforce safety

15%

Total recordable incident rate, ISO 45001 certification and five-year fatality count. Safety tracks operational discipline: a site that protects its workforce is measurably better run on every other dimension.

M6

Governance

10%

Board-level ESG committee, ESG-linked executive compensation, and alignment with SASB and GRI 11 disclosure standards. Governance is how commitments survive a change of CEO.

M7

Community engagement

10%

Free, prior and informed consent with indigenous peoples, supply-chain audits, and local-hire share. Community licence is the pre-condition for every other metric on the list.

Scoring formula

How the weighted sum resolves

The total is the dot product of the seven metric inputs and their published weights, then adjusted by the safeguards in the next section. No undisclosed multipliers, no proprietary black box.

Total score

TotalScore=0.20GHG+0.15Methane+0.20Transition+0.10Water+0.15Safety+0.10Governance+0.10Community

Worked example — CNOOC-like

Realistic inputs from §13 of the concept spec. Before the improvement bonus, this company sits at the top of the Competent tier.

MetricInput (0–20)WeightContribution
GHG120.202.40
Methane140.152.10
Transition90.201.80
Water130.101.30
Safety140.152.10
Governance110.101.10
Community100.101.00
Weighted total11.8
Improvement bonus (+0.5)+0.5
Final total12.3

With the improvement bonus applied, the total reaches 12.3 — rating Competent (three leaves). A single zero-scored metric would trigger safeguard #2 and cap the total at 8.99, regardless of the weighted sum.

Five tiers

From Laggard to Exemplary

Thresholds are fixed across every sector version of Green Stars so totals remain comparable. No curve, no forced distribution.

  1. Tier 01

    Laggard

    No disclosure, no transition plan, or a major recent controversy.

    0 – 4.9

  2. Tier 02

    Emerging

    Disclosure in place, baseline targets set but not externally validated.

    5 – 8.9

  3. Tier 03

    Competent

    SBTi commitment, multi-year trends visible, safety and governance in line with industry norms.

    9 – 12.9

  4. Tier 04

    Leader

    Validated near-term targets, measurable year-on-year reduction, board-level ESG governance.

    13 – 16.9

  5. Tier 05

    Exemplary

    Net-zero pathway, best-in-class methane management, zero fatalities over five years.

    17 – 20

Safeguards

Three guards against greenwashing

The weighted sum alone can be gamed by averaging a strong narrative against a single toxic metric. Three overrides keep the rating honest.

+0.5

Safeguard 01

Improvement bonus

+0.5 on the final total when year-on-year improvement is at least two points. Rewards real movement, not steady-state excellence.

≤ 8.99

Safeguard 02

Minimum-metric threshold

If any of the seven metrics scores a zero, the final total is capped at 8.99 — the top of the Emerging band. One blind spot is enough to disqualify a Leader claim.

Cap · current year

Safeguard 03

Controversy override

Major incidents — fatal accidents, significant spills, proven corruption cases — impose an explicit cap on the current year, regardless of the weighted sum.

See it applied

10 companies rated with this method.

Open the catalog to compare the first cohort side by side, then inspect CNOOC's full profile to see how the methodology resolves into live charts, evidence, and safeguards.