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.
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.
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.
Sinopec Oilfield Service Corporation's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 about 0.0000161 kg CO2e per RMB 10,000 of industrial output. However, the company has not specified its Scope 1, 2, or 3 emissions, nor has it disclosed any significant reduction targets or achievements. Sinopec Oilfield Service Corporation has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The absence of specific emissions data and reduction commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. As part of the broader industry context, the lack of detailed emissions reporting and reduction initiatives may reflect a common challenge faced by many companies in the oil and gas sector, where transparency and accountability regarding carbon emissions are increasingly demanded by stakeholders.
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 Oilfield Service Corporation 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.