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Public Profile
Crude Oil Extraction
CN
updated 3 months ago

Sinopec Oilfield Equipment Corporation Sustainability Profile

Company website

Sinopec Oilfield Equipment Corporation, a subsidiary of Sinopec Limited, is a leading player in the oil and gas industry, headquartered in China (CN). Established in 1998, the company has made significant strides in providing advanced oilfield equipment and services, primarily serving regions across Asia and beyond. Specialising in drilling rigs, well completion tools, and production equipment, Sinopec Oilfield Equipment stands out for its commitment to innovation and quality. The company has achieved notable milestones, including the development of cutting-edge technologies that enhance operational efficiency and safety in oil extraction processes. With a strong market position, Sinopec Oilfield Equipment Corporation is recognised for its contributions to the energy sector, consistently delivering reliable solutions that meet the evolving needs of its clients.

DitchCarbon Score

How does Sinopec Oilfield Equipment Corporation'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.

15

Industry Average

Mean score of companies in the Crude Oil Extraction 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.

13

Industry Benchmark

Sinopec Oilfield Equipment Corporation's score of 15 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Sinopec Oilfield Equipment Corporation's reported carbon emissions

Inherited from China Petrochemical Corporation

Sinopec Oilfield Equipment Corporation, headquartered in China, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of China Petrochemical Corporation, which may influence its climate commitments and emissions reporting. As of now, Sinopec Oilfield Equipment Corporation has not established any documented reduction targets or climate pledges. The lack of specific initiatives or targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Given its affiliation with China Petrochemical Corporation, any potential emissions data or climate commitments may be inherited from this parent organization. However, without explicit figures or targets from Sinopec Oilfield Equipment Corporation itself, it is challenging to assess its individual climate performance or commitments. In summary, while Sinopec Oilfield Equipment Corporation is part of a larger corporate family that may have climate initiatives, it currently lacks specific emissions data and reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
128,570,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
Scope 2
42,950,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 3
-
-
-
-
-
-
-

How Carbon Intensive is Sinopec Oilfield Equipment Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sinopec Oilfield Equipment Corporation's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Sinopec Oilfield Equipment Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sinopec Oilfield Equipment Corporation is in CN, which we do not have grid emissions data for.

Sinopec Oilfield Equipment Corporation's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Sinopec Oilfield Equipment Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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