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Sinopec Limited, officially known as China Petroleum & Chemical Corporation, is a leading player in the global energy sector, headquartered in Beijing, China. Established in 1998, Sinopec has rapidly evolved into one of the largest oil and gas companies worldwide, with significant operations across Asia, Africa, and the Americas. Specialising in petroleum refining, petrochemical production, and natural gas exploration, Sinopec is renowned for its innovative approach to energy solutions. The company’s core products include refined oil products, synthetic fibres, and chemical fertilisers, distinguished by their commitment to sustainability and efficiency. With a strong market position, Sinopec consistently ranks among the top companies in the Fortune Global 500, reflecting its substantial contributions to the energy industry and its ongoing commitment to technological advancement and environmental stewardship.
How does Sinopec Limited'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 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 Limited's score of 13 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 Limited, headquartered in China (CN), currently does not provide specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of China Petroleum & Chemical Corporation, which may influence its climate commitments and emissions reporting. Sinopec Limited has not outlined any specific reduction targets or initiatives in its climate strategy. However, it is important to note that emissions data and climate commitments may be inherited from its parent company, China Petroleum & Chemical Corporation, which operates under various climate initiatives such as the Carbon Disclosure Project (CDP) and Climate Action 100+. As a significant player in the petroleum and chemical industry, Sinopec Limited is expected to align with industry standards for climate action, although specific commitments or targets have not been disclosed. The lack of detailed emissions data and reduction initiatives highlights a potential area for improvement in transparency and accountability regarding its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 148,380,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Scope 2 | 24,180,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 3 | - | - | - | - |
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 Limited 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.