Sinochem Holdings
Sinochem Holdings Corporation, commonly referred to as Sinochem, is a leading global player in the chemical and energy sectors, headquartered in Hong Kong. Established in 1950, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Sinochem's core business areas include agrochemicals, petrochemicals, and advanced materials, with a strong emphasis on sustainable development and innovation. The company is renowned for its high-quality products, such as crop protection agents and specialty chemicals, which are designed to meet the diverse needs of its clients while adhering to environmental standards. With a robust market position, Sinochem has achieved notable milestones, including strategic partnerships and a commitment to research and development, solidifying its reputation as a trusted leader in the industry.
DitchCarbon Score
How does Sinochem Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sinochem Holdings's score of 21 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sinochem Holdings's reported carbon emissions
In 2023, Sinochem Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 38,620 kg CO2e, comprising 4,100 kg CO2e from Scope 1 and 34,440 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in carbon footprint reporting, although no Scope 3 emissions data was disclosed. Sinochem Holdings has set ambitious long-term carbon reduction targets in alignment with China's national goals of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality by 2060. The company aims to implement these strategies across all scopes of emissions, with specific initiatives targeting both Scope 1 and Scope 2 emissions. The timeframe for these commitments spans from 2023 to 2060, focusing on promoting clean energy technologies and enhancing energy efficiency. The company's proactive approach includes carbon footprint accounting for its subsidiaries and the development of clean technologies, which are essential for meeting its sustainability objectives. Sinochem Holdings is dedicated to fostering a low-carbon energy structure, thereby contributing to global climate efforts.
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| 2020 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | 484,386,710 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 16,028,940 | 000,000,000 | 0,000,000,000 |
| Scope 3 | 347,803,810 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sinochem Holdings is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
