PetroChina Company Limited, commonly referred to as PetroChina, is a leading player in the global oil and gas industry, headquartered in Beijing, China (CN). Established in 1999, the company has rapidly evolved into one of the largest integrated energy firms worldwide, with significant operations across Asia, Africa, and the Americas.
PetroChina's core business areas encompass exploration, production, refining, and distribution of oil and natural gas, alongside petrochemical manufacturing. The company is renowned for its extensive pipeline network and advanced technology in resource extraction, setting it apart in a competitive market.
With a strong market position, PetroChina consistently ranks among the top oil producers globally, achieving notable milestones in sustainable energy initiatives and innovation. Its commitment to operational excellence and environmental stewardship underscores its role as a key player in the energy sector.
-1 vs industry average
Petrochina’s score of 16 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
The Natural Gas Extraction industry has reduced its overall emissions by 99% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Petrochina's reported carbon emissions
In 2024, PetroChina reported total emissions of approximately 170.5 billion kg CO2e, comprising about 122.8 billion kg CO2e from Scope 1 and about 47.7 billion kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data.
PetroChina has set a significant climate commitment, aiming for carbon neutrality by 2050, with this target applicable to Scope 1 emissions. This long-term goal reflects the company's intention to align with global climate initiatives and reduce its carbon footprint over the coming decades.
The emissions data is cascaded from PetroChina Company Limited, indicating that the figures are part of a broader corporate family commitment to sustainability and climate action. As the company progresses towards its carbon neutrality goal, it will be essential to monitor its emissions reduction strategies and overall performance in the coming years.
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Petrochina’s Climate Goals (2030 & 2050)
1 goal2050
We aim to achieve carbon neutrality by 2050
We aim to achieve carbon neutrality by 2050
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Petrochina
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