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Sinopec Kantons Holdings
Business ServicesHong Kong SAR ChinaHKG: 0934
Last verified 23 hours 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.
46
DitchCarbon score
+10 vs industry average
Sinopec Kantons Holdings’s score of 46 is higher than 61% 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
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
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, a Hong Kong-based company in the "Other business services (74)" industry, reported total carbon emissions of approximately 26,145,641 kg CO2e in 2024. This includes about 1,186,327 kg CO2e from Scope 1 emissions, approximately 24,845,145 kg CO2e from Scope 2 emissions, and around 114,169 kg CO2e from Scope 3 emissions.
Looking at previous years, their total emissions were about 26,544,617 kg CO2e in 2023, approximately 25,591,084 kg CO2e in 2022, around 42,156,760 kg CO2e in 2021, and about 42,204,800 kg CO2e in 2020.
Sinopec Kantons Holdings has set a near-term intensity reduction target for Scope 2 emissions, aiming for a 42% decrease in GHG emissions per kilotonne business volume by 2025, using 2020 as the baseline. Additionally, they target a 25% decrease in NOx emissions per kilotonne business volume (Scope 1) by 2025, also against a 2020 baseline. The company's performance data is directly reported by Sinopec Kantons Holdings Limited.
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Sinopec Kantons Holdings’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
Inherited from China Petroleum & Chemical CorporationSee details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sinopec Kantons Holdings23 hours ago
46
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