Sinopec Oilfield Service Corporation Sustainability Profile
Sinopec Oilfield Service Corporation, a subsidiary of Sinopec Limited, is a leading player in the oil and gas industry, headquartered in China (CN). Established in 1998, the company has grown to become a prominent provider of integrated oilfield services, with major operations across Asia, Africa, and the Middle East. Specialising in drilling, well completion, and oilfield technical services, Sinopec Oilfield Service Corporation distinguishes itself through its advanced technology and commitment to safety and efficiency. The company has achieved significant milestones, including numerous successful projects that enhance its reputation in the global market. With a strong focus on innovation and sustainability, Sinopec Oilfield Service Corporation continues to solidify its position as a key contributor to the energy sector, driving progress in oilfield development and management.
DitchCarbon Score
How does Sinopec Oilfield Service Corporation'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 Crude Oil Extraction 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 Oilfield Service Corporation's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sinopec Oilfield Service Corporation's reported carbon emissions
In 2024, Sinopec Oilfield Service Corporation, headquartered in China (CN), reported its emissions data, although specific absolute emissions figures in kg CO2e were not disclosed. The company provided metrics related to greenhouse gas emissions per revenue, indicating approximately 0.0000322 kg CO2e per RMB 10,000 of revenue, and comprehensive energy consumption of about 0.0000161 kg CO2e per RMB 10,000 of industrial output. However, the organisation has not specified its Scope 1, 2, or 3 emissions data. Currently, Sinopec Oilfield Service Corporation has not set any formal reduction targets or climate pledges, nor does it appear to have cascaded data from a parent company or related organisation. The absence of specific reduction initiatives or commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly focuses on sustainability, it will be essential for Sinopec Oilfield Service Corporation to establish clear emissions reduction goals and enhance transparency in its climate commitments to align with global climate action efforts.
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Sinopec Oilfield Service Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sinopec Oilfield Service Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
