Sinopec Kantons Holdings
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.
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.
Industry Benchmark
Sinopec Kantons Holdings's score of 24 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sinopec Kantons Holdings's reported carbon emissions
In 2023, Sinopec Kantons Holdings reported total carbon emissions of approximately 26,544,617 kg CO2e in Hong Kong, comprising about 1,200,881 kg CO2e from Scope 1 and about 25,283,720 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, where total emissions were about 25,591,084 kg CO2e, with Scope 1 emissions at approximately 1,095,857 kg CO2e and Scope 2 emissions at about 24,468,948 kg CO2e. On a global scale, the company’s emissions for 2023 reached approximately 168,640,000,000 kg CO2e, with Scope 1 emissions at about 142,280,000,000 kg CO2e and Scope 2 emissions at approximately 26,360,000,000 kg CO2e. This marks a decrease from 2022, where global emissions were about 161,790,000,000 kg CO2e. Despite these figures, Sinopec Kantons Holdings has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. The company operates within an industry context that increasingly prioritises carbon reduction and climate commitments, highlighting the importance of setting measurable goals to align with global climate action efforts.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 148,380,000,000 | 000,000,000,000 | 000,000,000,000 |
| Scope 2 | 24,180,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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 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.
