Sinochem Holdings Corporation, commonly referred to as Sinochem, is a leading global player in the chemical and energy sectors, headquartered in Hong Kong. Established in 1950, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Sinochem's core business areas include agrochemicals, petrochemicals, and advanced materials, with a strong emphasis on sustainable development and innovation. The company is renowned for its high-quality products, such as crop protection agents and specialty chemicals, which are designed to meet the diverse needs of its clients while adhering to environmental standards. With a robust market position, Sinochem has achieved notable milestones, including strategic partnerships and a commitment to research and development, solidifying its reputation as a trusted leader in the industry.
How does Sinochem Holdings'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 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.
Sinochem Holdings's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sinochem Holdings reported total carbon emissions of approximately 44,100 kg CO2e in Hong Kong, comprising 4,100 kg CO2e from Scope 1 and 34,440 kg CO2e from Scope 2 emissions. The company's global emissions for the same year included about 442,500,000 kg CO2e from Scope 1, 15,678,000 kg CO2e from Scope 2, and 38,000,000 kg CO2e from Scope 3 emissions, specifically from purchased goods and services. In 2022, Sinochem's emissions in Hong Kong were recorded at about 33,410 kg CO2e, with no specific Scope 3 data disclosed. The company has shown a commitment to reducing its carbon intensity, with a reported change in carbon emission intensity per 10,000 Yuan of output value of 0.000139 in 2023. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Sinochem Holdings, indicating a potential area for improvement in their climate strategy. The company continues to monitor and report its emissions, aligning with industry standards for transparency in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2023 | |
---|---|---|
Scope 1 | 1,581,300,000 | 000,000,000 |
Scope 2 | 986,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 |
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.
Sinochem Holdings 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.