China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation's reported carbon emissions

China Petroleum & Chemical Corporation (Sinopec), headquartered in China, operates within the sale, maintenance, and repair of motor vehicles and their parts, as well as motorcycles and their parts and accessories. For the financial year 2024, Sinopec reported Scope 1 emissions of approximately 139,090,000,000 kg CO2e and Scope 2 emissions of approximately 28,860,000,000 kg CO2e. This is a reduction from 2023, when Scope 1 emissions were approximately 142,280,000,000 kg CO2e and Scope 2 emissions were approximately 26,360,000,000 kg CO2e. In 2022, Scope 1 emissions stood at approximately 137,720,000,000 kg CO2e, with Scope 2 emissions at approximately 24,070,000,000 kg CO2e. The most recent available data for 2023 (reporting year 2024) shows Scope 1 and 2 emissions totalling approximately 168,640,000,000 kg CO2e. Prior to this, in 2021 (reporting year 2023), total emissions (Scope 1 and 2) were approximately 172,560,000,000 kg CO2e. Sinopec has established climate commitments, including a near-term target initiated in 2018 to achieve a cumulative reduction of 12.6 million tonnes of carbon dioxide emissions by 2023, covering both Scope 1 and Scope 2. Furthermore, the corporation is committed to achieving carbon neutrality by 2050, a long-term goal that encompasses both Scope 1 and Scope 2 emissions. Notably, Scope 3 emissions data, such as for purchased goods and services, is not currently disclosed.