Hengyi Petrochemical Co
Hengyi Petrochemical Co., Ltd., commonly referred to as Hengyi, is a leading player in the petrochemical industry, headquartered in China. Established in 1994, the company has made significant strides in its operational regions, including Southeast Asia and beyond, focusing on the production of high-quality petrochemical products. Hengyi's core offerings encompass a wide range of chemicals, including polyester, synthetic fibres, and other petrochemical derivatives, distinguished by their innovative production processes and commitment to sustainability. The company has achieved notable milestones, such as expanding its production capacity and enhancing its market presence, solidifying its position as a key competitor in the global petrochemical landscape. With a focus on quality and efficiency, Hengyi continues to drive advancements in the industry, contributing to its reputation as a trusted supplier.
DitchCarbon Score
How does Hengyi 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
Hengyi Petrochemical Co's score of 12 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hengyi Petrochemical Co's reported carbon emissions
In 2023, Hengyi Petrochemical Co reported total carbon emissions of approximately 8,099,000,000 kg CO2e, with Scope 1 emissions at about 4,240,000,000 kg CO2e and Scope 2 emissions at around 3,850,000,000 kg CO2e. This level of emissions has remained consistent since 2021, where the same total emissions were recorded. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Hengyi Petrochemical Co. The company has not outlined specific initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry as global pressure mounts for enhanced climate action and accountability. As a major player in the petrochemical sector, Hengyi's emissions profile highlights the need for robust strategies to address climate change and align with international sustainability goals.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 4,240,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,850,000,000 | 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.
Hengyi Petrochemical Co 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.
