China Petrochemical Development Corp

Common Name
China Petrochemical Development
Country
Taiwan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
N/A
Ticker
1314
Exchange
TAIWAN STOCK EXCHANGE
Description
China Petrochemical Development Corporation, often referred to by its full name in financial markets, is a prominent player in the basic materials sector, primarily focusing on petrochemical productio...

China Petrochemical Development's Climate Target Data Preview

As of 2023, China Petrochemical Development has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into China Petrochemical Development ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into China Petrochemical Development's Greenhouse Gas Emissions Pathways

As of 2023, China Petrochemical Development has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does China Petrochemical Development have a target to reduce the emissions from its operations?

As of 2023, China Petrochemical Development has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

China Petrochemical Development's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 2,450,918 Metric Tonnes of CO2 equivalent (mtCO2e) in 2005.

China Petrochemical Development has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

China Petrochemical Development's Operational (Scope 1+2) Emissions Pathway

20052023202520300650 k1.3 M1.95 M2.6 MBaselineCurrent (-64%)Target 2025 (-20%)Target 2030 (-50%)
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