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 38 is higher than 86% 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 2023, CPC Corporation reported total carbon emissions of approximately 4,000,900 kg CO2e, comprising 2,958,900 kg CO2e from Scope 1, 1,017,700 kg CO2e from Scope 2, and 1,409,300 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in emissions reporting, although specific reduction targets or initiatives have not been disclosed. The company has shown a consistent approach to emissions management over the years, with previous emissions data indicating a total of approximately 7,587,000 kg CO2e in 2022, which included 2,948,400 kg CO2e from Scope 1, 703,000 kg CO2e from Scope 2, and 1,723,600 kg CO2e from Scope 3. This trend suggests a focus on monitoring and potentially reducing emissions, although no formal reduction targets have been established. CPC Corporation's emissions intensity, measured against revenue, indicates a commitment to improving efficiency, with reported figures of 0.0001156 kg CO2e per USD in 2023. The absence of specific reduction targets or climate pledges highlights an area for potential growth in their sustainability strategy. Overall, CPC Corporation is positioned within the industry as a company that is beginning to address its carbon footprint, yet it has room to enhance its climate commitments and set measurable reduction goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,233,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,140,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
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.
