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 14 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Petrochemical Development's reported carbon emissions
In 2023, China Petrochemical Development (CPDC) reported total carbon emissions of approximately 215,186.4 kg CO2e, with all emissions classified under Scope 2, indicating indirect emissions from purchased electricity. This marks a significant reduction from previous years, particularly from 2021, when total emissions were about 3,666,264.0 kg CO2e, which included Scope 1 emissions of approximately 1,703,474.0 kg CO2e, Scope 2 emissions of about 204,332.0 kg CO2e, and Scope 3 emissions of around 1,758,458.0 kg CO2e. CPDC's emissions have shown a downward trend, with total emissions decreasing from about 2,123,725.0 kg CO2e in 2018 to the latest figure in 2023. However, the company has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to further reduce emissions in the future. The absence of Scope 1 emissions in 2022 and 2023 suggests a shift in operational practices or a change in the nature of their activities. Overall, while CPDC has made strides in reducing its carbon footprint, the lack of defined reduction initiatives or climate commitments may limit its long-term sustainability efforts.
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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 committed to any reduction initiatives 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.
