China Petrochemical Development
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.
DitchCarbon Score
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.
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
China Petrochemical Development's score of 16 is lower than 82% 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 Petrochemical Development's reported carbon emissions
In 2023, China Petrochemical Development reported total carbon emissions of approximately 215,186.4 kg CO2e, with all emissions classified under Scope 2, indicating that these emissions are primarily associated with purchased electricity. This marks an increase from 2022, when the company recorded about 142,807.5 kg CO2e, also entirely from Scope 2 emissions. Historically, the company has faced significant emissions, with 2021 figures showing a total of approximately 3,666,264,000 kg CO2e, which included 1,703,474,000 kg CO2e from Scope 1, 204,320,000 kg CO2e from Scope 2, and 1,758,458,000 kg CO2e from Scope 3 emissions. This indicates a substantial reduction in emissions in the following years, particularly in Scope 2. Despite these figures, China Petrochemical Development has not set specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests a need for enhanced climate commitments within the organisation. Overall, while the company has made strides in reducing its emissions over the years, the lack of formal targets and commitments highlights an area for potential improvement in its climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| 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 | 000,000.0 | 000,000.0 |
| Scope 3 | - | - | - | 0,000,000,000 | - | - |
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.
China Petrochemical Development 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.
