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Business Services
HK
updated 2 months ago

Sinopec Kantons Holdings

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.

26

Industry Benchmark

Sinopec Kantons Holdings's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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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, saw 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 family's commitment to climate action. The company has disclosed emissions across all relevant scopes, demonstrating transparency in its environmental impact reporting.

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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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sinopec Kantons Holdings's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

Sinopec Kantons Holdings is not participating in any of the initiatives that 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.

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

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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