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.
How does Petrochina'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.
Mean score of companies in the Natural Gas Extraction 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.
Petrochina's score of 11 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PetroChina reported total carbon emissions of approximately 171,180,000,000 kg CO2e, comprising about 124,660,000,000 kg CO2e from Scope 1 and about 46,520,000,000 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to previous years, with 2022 figures showing approximately 160,560,000,000 kg CO2e in total emissions. Over the years, PetroChina has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a domestic greenhouse gas emissions intensity of about 240 kg CO2e per tonne of oil and gas produced, which remained consistent in 2023. However, there are currently no publicly disclosed reduction targets or specific climate pledges from PetroChina, indicating a potential area for improvement in their climate strategy. The company has reported a carbon emission intensity of approximately 0.0033 kg CO2e per barrel for its member companies, reflecting its ongoing efforts to monitor and manage emissions within the mineral fuels and oils sector. Despite the lack of formal reduction targets, PetroChina's emissions data highlights the importance of continued focus on sustainability and climate commitments in the energy industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 132,170,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Scope 2 | 41,910,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 3 | - | - | - | - | - |
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.
Petrochina is committed to some 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.