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OrganisationsSinopec Kantons Holdings
Sinopec Kantons Holdings logo

Sinopec Kantons Holdings

Business ServicesHong Kong SAR ChinaHKG: 0934
Last verified 5 days agosinopec.com.hk

Sinopec Kantons Holdings Limited, often referred to as Sinopec Kantons, is a prominent player in the Other Business Services sector, headquartered in Hong Kong. Established in 1997, the company has carved a niche in providing comprehensive logistics and supply chain solutions, primarily serving the energy and petrochemical industries across Asia.

With a focus on enhancing operational efficiency, Sinopec Kantons offers a range of core services, including storage, transportation, and distribution of petroleum products. Its commitment to innovation and sustainability sets it apart in a competitive market. Over the years, the company has achieved significant milestones, solidifying its position as a trusted partner in the energy sector. Through strategic expansions and a robust service portfolio, Sinopec Kantons continues to thrive, contributing to the evolving landscape of business services in the region.

36
DitchCarbon score

+4 vs industry average

Sinopec Kantons Holdings’s score of 36 is higher than 55% 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

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sinopec Kantons Holdings's reported carbon emissions

Sinopec Kantons Holdings, headquartered in Hong Kong and operating within the "Other business services (74)" industry, reported a total of approximately 26.1 billion kg CO2e emissions in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the reporting year 2023, the company's total emissions were approximately 26.5 billion kg CO2e. In 2022, total emissions stood at around 25.6 billion kg CO2e. Looking further back, total emissions in 2021 were approximately 42.2 billion kg CO2e, and in 2020, they were approximately 42.2 billion kg CO2e. The company has set an intensity reduction target for Scope 2 emissions, aiming for a decrease of 42.0% per kilotonne of business volume by 2025, using 2020 as the baseline. Additionally, Sinopec Kantons Holdings aims to decrease NOx emissions by 25.0% per kilotonne of business volume by 2025, also with a 2020 baseline. Sinopec Kantons Holdings inherits some climate data from its ultimate parent, China Petroleum & Chemical Corporation (Sinopec Group). This includes CDP and CA100 initiatives, indicating that Sinopec Kantons Holdings's climate performance is integrated within the broader corporate family's commitments. However, the specific emissions data reported for Sinopec Kantons Holdings is from the entity itself.

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Sinopec Kantons Holdings’s Climate Goals (2030 & 2050)

2 goals

2025

42% reduction in Scope 2

By 2025, a decrease of GHG emission per kilotonne business volume (baseline: 2020)

Insufficient data42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sinopec Kantons Holdings logoSinopec Kantons Holdings
HKBusiness Services
5 days ago
36
Royal Dutch Shell logoRoyal Dutch Shell
GBCrude Oil Extraction
2 hours ago
81
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Lyondellbasell logoLyondellbasell
NLChemicals
3 days ago
81
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Repsol logoRepsol
ESPetroleum Electricity
4 days ago
74
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TotalEnergies logoTotalEnergies
FRPetroleum Refineries
14 days ago
71
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Eni logoEni
ITCrude Oil Extraction
2 hours ago
68
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Mitsui And Co logoMitsui And Co
JPMachinery and Equipment
9 days ago
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