China Petrochemical Development Corp
China Petrochemical Development's Climate Target Data Preview
As of 2024, 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Verified Sources Behind China Petrochemical Development’s Climate Targets Data
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Insights into China Petrochemical Development's Greenhouse Gas Emissions Pathways
As of 2024, 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.a
Does China Petrochemical Development have a target to reduce the emissions from its operations?
As of 2024, China Petrochemical Development has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
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.a
China Petrochemical Development has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a