Hengli Petrochemical Co Sustainability Profile
Hengli Petrochemical Co., Ltd., commonly referred to as Hengli, is a leading player in the petrochemical industry, headquartered in China. Established in 1994, the company has rapidly expanded its operations across major regions, including Asia and beyond, solidifying its position as a key manufacturer of high-quality petrochemical products. Hengli's core business areas encompass the production of polyester, refined oil, and other chemical products, distinguished by their innovative processes and commitment to sustainability. The company has achieved significant milestones, including the establishment of one of the largest integrated petrochemical complexes in the world. With a strong market presence, Hengli Petrochemical is recognised for its advanced technology and efficient production capabilities, making it a preferred partner in the global supply chain. Its dedication to quality and environmental responsibility sets Hengli apart in a competitive landscape.
DitchCarbon Score
How does Hengli Petrochemical Co'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
Hengli Petrochemical Co's score of 10 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hengli Petrochemical Co's reported carbon emissions
In 2023, Hengli Petrochemical Co., headquartered in China (CN), reported total carbon emissions of approximately 32,845,120,230 kg CO2e. This figure includes about 31,167,270,460 kg CO2e from Scope 1 emissions and approximately 1,677,849,770 kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any Scope 3 emissions data. Hengli Petrochemical has set ambitious reduction targets, aiming to decrease its greenhouse gas emissions by 30% from 2020 levels by 2025. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to enhancing its sustainability practices. The company's emissions data is sourced directly from Hengli Petrochemical Co., Ltd., with no cascading from a parent or related organization. As part of its climate strategy, Hengli Petrochemical is actively working towards these reduction goals, aligning with industry standards for climate action.
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| 2023 | |
|---|---|
| Scope 1 | 31,167,270,460 |
| Scope 2 | 1,677,849,770 |
| Scope 3 | - |
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Hengli Petrochemical Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hengli Petrochemical Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
