In 2024, China Petroleum & Chemical completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, China Petroleum & Chemical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 139,090,000a | 142,280,000a | 137,720,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 28,860,000a | 26,360,000a | 24,070,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 330.3149a | 321.3298a | 294.3977a |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Petroleum & Chemical amounted to 167,950,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Petroleum & Chemical decreased by 0.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of China Petroleum & Chemical were 139,090,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, China Petroleum & Chemical's Scope 1 emissions have increased by 8.17%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), China Petroleum & Chemical's Scope 1 emissions decreased by 2.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, China Petroleum & Chemical reported Scope 2 greenhouse gas (GHG) emissions of 28,860,000 tCO₂e without specifying the calculation method.a
Since 2020, China Petroleum & Chemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 31.87%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), China Petroleum & Chemical's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Petroleum & Chemical's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, China Petroleum & Chemical reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Petroleum & Chemical reported Scope 1 greenhouse gas (GHG) emissions of 139,090,000 tCO₂e and total revenues of USD 421,083 millions. This translates into an emissions intensity of 330.31 tCO₂e per millions USD.a
In 2024, China Petroleum & Chemical reported a Scope 1 emissions intensity of 330.31 tCO₂e per millions USD. Compared to the peer group median of 331.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, China Petroleum & Chemical ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
China Petroleum & Chemical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a