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Public Profile
Business Services
HK
updated a month ago

Sinopec Kantons Holdings Sustainability Profile

Company website

Sinopec Kantons Holdings Limited, commonly referred to as Sinopec Kantons, is a prominent player in the energy and logistics sector, headquartered in Hong Kong. Established in 1997, the company has made significant strides in the oil and gas industry, focusing on the transportation and storage of petroleum products, as well as the development of related infrastructure. With operations primarily in China and expanding into international markets, Sinopec Kantons is renowned for its core services, including oil and gas logistics, storage tank services, and pipeline construction. The company distinguishes itself through its commitment to safety, efficiency, and environmental sustainability. As a subsidiary of Sinopec Limited, one of the largest oil and gas companies globally, Sinopec Kantons has solidified its market position, achieving notable milestones in operational excellence and service delivery within the energy sector.

DitchCarbon Score

How does Sinopec Kantons 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.

50

Industry Average

Mean score of companies in the Business Services 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.

29

Industry Benchmark

Sinopec Kantons Holdings's score of 50 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

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Sinopec Kantons Holdings's reported carbon emissions

In 2024, Sinopec Kantons Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 26,145,641 kg CO2e. This figure includes 1,186,327 kg CO2e from Scope 1 emissions, 24,845,145 kg CO2e from Scope 2 emissions, and 114,169 kg CO2e from Scope 3 emissions. The previous year, 2023, the company recorded total emissions of about 26,544,617 kg CO2e, with Scope 1 emissions at 1,200,881 kg CO2e, Scope 2 at 25,283,720 kg CO2e, and Scope 3 at 60,015 kg CO2e. Sinopec Kantons Holdings has set ambitious reduction targets, aiming for a 42% decrease in greenhouse gas emissions per kilotonne of business volume by 2025, using 2020 as the baseline. Additionally, the company targets a 25% reduction in nitrogen oxides (NOx) emissions per kilotonne of business volume within the same timeframe. The emissions data for Sinopec Kantons Holdings is cascaded from its parent company, China Petroleum & Chemical Corporation, reflecting the broader corporate commitment to sustainability and emissions reduction. The company is actively working towards these targets while maintaining transparency in its emissions reporting across all scopes.

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2021202220232024
Scope 1
148,380,000,000
0,000,000
0,000,000
0,000,000
Scope 2
24,180,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000
00,000
000,000

How Carbon Intensive is Sinopec Kantons Holdings's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sinopec Kantons Holdings's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Sinopec Kantons Holdings's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sinopec Kantons Holdings is in HK, which we do not have grid emissions data for.

Sinopec Kantons Holdings'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.

Sinopec Kantons Holdings 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Sinopec Kantons Holdings's Emissions with Industry Peers

Repsol

ES
•
Electricity by petroleum and other oil derivatives
Updated 5 days ago

Chevron

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 days ago

Petrochina

CN
•
Natural gas and services related to natural gas extraction, excluding surveying
Updated 7 days ago

Mitsui And Co

JP
•
Machinery and equipment n.e.c. (29)
Updated 9 days ago

Royal Dutch Shell

GB
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 days ago

China National Petroleum Corp

CN
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 6 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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