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 GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Petroleum & Chemical’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Petroleum & Chemical’s data sources below and access millions more through our Disclosure Search.

a. China Petroleum & Chemical's Sustainability Report 2023
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b. China Petroleum & Chemical's Sustainability Report 2022
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Insights into China Petroleum & Chemical's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Petroleum & Chemical amounted to 168,640,000 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 2022, the total operational greenhouse gas (GHG) emissions of China Petroleum & Chemical increased by 4.23%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

China Petroleum & Chemical's Scope 1 Emissions Over Time

2020202120222023040 M80 M120 M160 MtCO2e+15%-7%+3%
  • Total Scope 1
  • Year-over-Year Change

What are China Petroleum & Chemical's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Petroleum & Chemical were 142,280,000 metric tons of CO₂ equivalent (tCO₂e). a

Has China Petroleum & Chemical reduced its Scope 1 emissions over time?

Since 2020, China Petroleum & Chemical's Scope 1 emissions have increased by 10.65%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), China Petroleum & Chemical's Scope 1 emissions increased by 3.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are China Petroleum & Chemical's Scope 2 emissions?

In 2023, China Petroleum & Chemical reported Scope 2 greenhouse gas (GHG) emissions of 26,360,000 tCO₂e without specifying the calculation method. a

Has China Petroleum & Chemical reduced its Scope 2 emissions over time?

Since 2020, China Petroleum & Chemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 37.77%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), 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

What methodology does China Petroleum & Chemical use for Scope 2 reporting?

In 2023, China Petroleum & Chemical reported its Scope 2 emissions using an unspecified methodology. a

China Petroleum & Chemical's Scope 2 Emissions Over Time

2020202120222023015 M30 M45 M60 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Petroleum & Chemical’s GHG Emissions Intensity Compared to Industry Peers

In 2023, China Petroleum & Chemical reported Scope 1 greenhouse gas (GHG) emissions of 142,280,000 tCO₂e and total revenues of USD 442,785 millions. This translates into an emissions intensity of 321.33 tCO₂e per millions USD. a

China Petroleum & Chemical's Scope 1 Emissions Intensity Compared to Peers

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)CHELLENiQ ENERGY HoldingsYear: 2023Scope 1: 3,825,000 tCO2eRevenue: $M 14,171Scope 1 Intensity: 269.92 tCO2e/$MEniYear: 2024Scope 1: 31,100,000 tCO2eRevenue: $M 92,403Scope 1 Intensity: 336.57 tCO2e/$MNK LukoilYear: 2022Scope 1: 41,202,000 tCO2eRevenue: $M 41,116Scope 1 Intensity: 1,002.08 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MPetrobrasYear: 2023Scope 1: 45,800,000 tCO2eRevenue: $M 102,409Scope 1 Intensity: 447.23 tCO2e/$MPetroChinaYear: 2023Scope 1: 124,660,000 tCO2eRevenue: $M 423,668Scope 1 Intensity: 294.24 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$MCCCosmo Energy HoldingsYear: 2023Scope 1: 6,886,000 tCO2eRevenue: $M 20,960Scope 1 Intensity: 328.53 tCO2e/$MEquinorYear: 2023Scope 1: 11,500,000 tCO2eRevenue: $M 106,848Scope 1 Intensity: 107.63 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MOil IndiaYear: 2024Scope 1: 1,422,793 tCO2eRevenue: $M 3,893Scope 1 Intensity: 365.46 tCO2e/$MPetronas GasYear: 2023Scope 1: 5,859,402 tCO2eRevenue: $M 1,403Scope 1 Intensity: 4,177.22 tCO2e/$MChina Petroleum & ChemicalYear: 2023Scope 1: 142,280,000 tCO2eRevenue: $M 442,785Scope 1 Intensity: 321.33 tCO2e/$M

How does China Petroleum & Chemical's GHG emissions intensity compare to its peers?

In 2023, China Petroleum & Chemical reported a Scope 1 emissions intensity of 321.33 tCO₂e per millions USD. Compared to the peer group median of 351.02, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does China Petroleum & Chemical rank on GHG emissions intensity within its industry?

In 2023, China Petroleum & Chemical ranked 8 out of 18 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

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