Sinopec Shanghai Petrochemical Company Limited Sustainability Profile
Sinopec Shanghai Petrochemical Company Limited, commonly referred to as SPC, is a leading player in the petrochemical industry, headquartered in Shanghai, China. Established in 1972, SPC has grown to become a significant contributor to the global petrochemical market, with operations primarily in East China and beyond. The company focuses on refining, producing, and distributing a wide range of petrochemical products, including ethylene, propylene, and various synthetic resins. SPC is renowned for its commitment to innovation and sustainability, setting it apart in a competitive landscape. With a robust market position, Sinopec Shanghai Petrochemical has achieved numerous milestones, including advancements in production technology and environmental management. Its dedication to quality and efficiency has solidified its reputation as a trusted supplier in the petrochemical sector.
DitchCarbon Score
How does Sinopec Shanghai Petrochemical Company 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.
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 Shanghai Petrochemical Company Limited's score of 13 is lower than 60% 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 Shanghai Petrochemical Company Limited, headquartered in China, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of China Petroleum & Chemical Corporation, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Sinopec Shanghai Petrochemical. However, emissions data and performance metrics may be inherited from its parent company, China Petroleum & Chemical Corporation, which has been involved in various climate initiatives. This includes participation in the Carbon Disclosure Project (CDP) and Climate Action 100+ (CA100), both of which aim to enhance transparency and accountability in corporate climate strategies. Given the lack of specific emissions data and reduction targets, it is essential to monitor future disclosures from Sinopec Shanghai Petrochemical for updates on their carbon emissions and climate commitments.
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| 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 | - | - | - | - |
How Carbon Intensive is Sinopec Shanghai Petrochemical Company Limited's Industry?
How Carbon Intensive is Sinopec Shanghai Petrochemical Company Limited's Location?
Sinopec Shanghai Petrochemical Company Limited'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 Shanghai Petrochemical Company Limited 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.
