China International Mining Petroleum Company Limited Sustainability Profile
China International Mining Petroleum Company Limited (CIMPC) is a prominent player in the global energy sector, headquartered in Hong Kong. Established in the early 2000s, CIMPC has rapidly expanded its operations across key regions, including Asia, Africa, and the Middle East, focusing on oil and gas exploration, production, and trading. CIMPC is renowned for its innovative approach to resource extraction and management, offering a diverse range of services that include upstream exploration and downstream refining. The company’s commitment to sustainable practices and advanced technology sets it apart in a competitive market. With a strong market position, CIMPC has achieved significant milestones, solidifying its reputation as a leader in the petroleum industry.
DitchCarbon Score
How does China International Mining Petroleum Company Limited'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 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
China International Mining Petroleum Company Limited's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China International Mining Petroleum Company Limited's reported carbon emissions
In 2021, China International Mining Petroleum Company Limited reported total carbon emissions of approximately 18,730 kg CO2e. This figure includes 6,350 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 12,380 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company has set near-term climate commitments aimed at reducing greenhouse gas (GHG) emissions from its operations. Specifically, it is focused on reducing air pollutants and GHG emissions in both Scope 1 and Scope 2 categories. These initiatives are scheduled to commence in 2023 and conclude in 2025, although specific percentage reduction targets have not been disclosed. As a current subsidiary, the emissions data reported by China International Mining Petroleum Company Limited is cascaded from its corporate family, ensuring alignment with broader industry standards and practices. The company is actively working towards enhancing its sustainability profile through these commitments, reflecting a growing recognition of the importance of climate action within the petroleum sector.
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| 2021 | |
|---|---|
| Scope 1 | 6,350 |
| Scope 2 | 12,380 |
| Scope 3 | - |
How Carbon Intensive is China International Mining Petroleum Company Limited's Industry?
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China International Mining Petroleum Company Limited'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.
China International Mining Petroleum Company Limited 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.
