In 2024, China Petroleum Engineering 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 Engineering has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 158,490a | 180,077.84b |
Total Scope 2 | ||
Unspecified Calculation Method | 126,191a | 104,845.92b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 13.4627a | 15.9293b |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Petroleum Engineering amounted to 284,681 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 Engineering decreased by 0.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of China Petroleum Engineering were 158,490 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), China Petroleum Engineering's Scope 1 emissions decreased by 11.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, China Petroleum Engineering reported Scope 2 greenhouse gas (GHG) emissions of 126,191 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), China Petroleum Engineering's Scope 2 emissions (Unspecified Calculation Method) rose by 20.36% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, China Petroleum Engineering reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Petroleum Engineering reported Scope 1 greenhouse gas (GHG) emissions of 158,490 tCO₂e and total revenues of USD 11,773 millions. This translates into an emissions intensity of 13.46 tCO₂e per millions USD.a
In 2024, China Petroleum Engineering reported a Scope 1 emissions intensity of 13.46 tCO₂e per millions USD. Compared to the peer group median of 23.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, China Petroleum Engineering ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
China Petroleum Engineering is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a