China Petrochemical Development Corporation (CPDC), headquartered in Taiwan (TW), is a prominent player in the petrochemical industry, specialising in the production and distribution of a wide range of chemical products. Founded in 1979, CPDC has established itself as a leader in the sector, with significant operations across Asia and beyond. The company focuses on core areas such as petrochemical manufacturing, refining, and the development of innovative chemical solutions. CPDC is renowned for its high-quality products, including various polymers and specialty chemicals, which are distinguished by their reliability and performance. With a strong market position, CPDC has achieved notable milestones, including advancements in sustainable practices and a commitment to research and development. This dedication has solidified its reputation as a trusted partner in the global petrochemical landscape.
How does China Petrochemical Development'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.
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.
China Petrochemical Development's score of 9 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, China Petrochemical Development (CPDC) reported total carbon emissions of approximately 3,666,264,000 kg CO2e. This figure includes 1,703,474,000 kg CO2e from Scope 1 emissions, 204,332,000 kg CO2e from Scope 2 emissions, and 1,758,458,000 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over the years, with total emissions recorded at approximately 1,111,966,000 kg CO2e in 2020, 1,913,009,000 kg CO2e in 2019, and 2,123,725,000 kg CO2e in 2018. Despite the significant emissions figures, CPDC has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded any emissions data or climate targets from a parent organisation, indicating that its reporting is independent. CPDC's emissions data is sourced from its own disclosures, specifically the China Petrochemical Development Corporation's sustainability reports. The absence of specific reduction targets suggests that while the company is aware of its emissions profile, it may need to enhance its climate strategy to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 1,964,713,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 159,012,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 |
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 Petrochemical Development 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.
