CPC Corporation
CPC Corporation, Taiwan, commonly referred to as CPC, is a leading player in the energy sector, headquartered in Taipei, Taiwan. Established in 1946, the company has significantly contributed to Taiwan's energy landscape, focusing on oil refining, natural gas, and petrochemical production. With major operations across Taiwan and a growing presence in international markets, CPC is committed to sustainable energy solutions. CPC's core offerings include refined petroleum products, natural gas, and a range of petrochemical products, distinguished by their commitment to quality and innovation. The company has achieved notable milestones, including advancements in refining technology and a strong emphasis on environmental sustainability. As a state-owned enterprise, CPC holds a prominent market position, recognised for its reliability and contribution to Taiwan's energy security.
DitchCarbon Score
How does CPC Corporation'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 Insurance Services 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
CPC Corporation's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CPC Corporation's reported carbon emissions
In 2022, CPC Corporation, headquartered in Taiwan (TW), reported total carbon emissions of approximately 6,352,000,000 kg CO2e for Scope 1 and about 1,229,000,000 kg CO2e for Scope 2, resulting in a combined total of around 7,580,000,000 kg CO2e. This marked a slight decrease from 2021, where emissions were approximately 6,503,000,000 kg CO2e for Scope 1 and about 1,183,000,000 kg CO2e for Scope 2, leading to a total of around 7,686,000,000 kg CO2e. CPC Corporation has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for enhanced climate commitments in line with industry standards. Overall, while CPC Corporation has made some progress in reducing its carbon footprint, the absence of comprehensive Scope 3 data and formal reduction targets highlights opportunities for further climate action and transparency in its sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 7,233,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,140,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
CPC Corporation 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.
