China Petroleum & Chemical Corp

Common Name
China Petroleum & Chemical
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Integrated
Employees
355,952
Ticker
600028
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Petroleum & Chemical Corporation, commonly known as Sinopec, is a prominent state-owned enterprise primarily focused on oil and gas exploration and production. It stands as one of the global lea...

China Petroleum & Chemical's Climate Target Data Preview

As of 2024, China Petroleum & Chemical has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, 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 Petroleum & Chemical ’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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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CH4 (mtCH4) per Unspecified Unit
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2028

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 Petroleum & Chemical's Greenhouse Gas Emissions Pathways

As of 2024, China Petroleum & Chemical 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.

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