Sinopec Zhenhai Refining & Chemical Co., Ltd. Sustainability Profile
Sinopec Zhenhai Refining & Chemical Co., Ltd., a subsidiary of Sinopec Limited, is a leading player in the oil refining and petrochemical industry, headquartered in Zhenhai, Ningbo, China. Established in 1975, the company has grown to become a significant contributor to the region's energy sector, focusing on refining crude oil and producing a wide range of petrochemical products. With a robust operational footprint in East China, Sinopec Zhenhai Refining & Chemical excels in manufacturing high-quality fuels, lubricants, and chemical intermediates. Its state-of-the-art facilities and commitment to innovation have positioned it as a market leader, recognised for its efficiency and environmental sustainability. The company’s notable achievements include significant advancements in refining technology and a strong emphasis on research and development, ensuring its competitive edge in the global market.
DitchCarbon Score
How does Sinopec Zhenhai Refining & Chemical Co., Ltd.'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 Zhenhai Refining & Chemical Co., Ltd.'s score of 13 is lower than 58% 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 Zhenhai Refining & Chemical Co., Ltd., 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 performance. As of now, Sinopec Zhenhai Refining & Chemical Co., Ltd. has not publicly disclosed any reduction targets or initiatives related to carbon emissions. There are no specific science-based targets (SBTi) or other climate pledges reported, indicating a potential area for development in their sustainability strategy. Given the lack of direct emissions data and reduction commitments, it is essential for Sinopec Zhenhai Refining & Chemical Co., Ltd. to enhance transparency and set measurable targets to align with industry standards and global climate goals.
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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 Zhenhai Refining & Chemical Co., Ltd.'s Industry?
How Carbon Intensive is Sinopec Zhenhai Refining & Chemical Co., Ltd.'s Location?
Sinopec Zhenhai Refining & Chemical Co., Ltd.'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 Zhenhai Refining & Chemical Co., Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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