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.
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.
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.
Sinopec Kantons Holdings's score of 32 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sinopec Kantons Holdings reported global carbon emissions of approximately 142,280,000,000 kg CO2e for Scope 1 and 26,360,000,000 kg CO2e for Scope 2, totalling about 168,640,000,000 kg CO2e. In Hong Kong, the company recorded emissions of around 1,200,881 kg CO2e for Scope 1 and 25,283,720 kg CO2e for Scope 2, resulting in a total of approximately 26,544,617 kg CO2e. The previous year, 2022, saw global emissions of about 137,720,000,000 kg CO2e for Scope 1 and 26,360,000,000 kg CO2e for Scope 2, alongside 12,500,000,000 kg CO2e for Scope 3, indicating a comprehensive approach to emissions reporting. In Hong Kong, emissions were approximately 1,095,857 kg CO2e for Scope 1 and 24,468,948 kg CO2e for Scope 2, leading to a total of about 25,591,084 kg CO2e. Despite these figures, Sinopec Kantons Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon neutrality, yet it currently lacks formal commitments to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,010,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Scope 2 | 226,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 3 | - | - | - | - | 00,000,000,000 | - |
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.
Sinopec Kantons 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.