In 2023, Grand Pacific Petrochemical 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, Grand Pacific Petrochemical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 412,173a | 318,972a | 526,900b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 20,396a | 36,900a | 3,643b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 804.3807a | 539.2468a | 647.832b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Grand Pacific Petrochemical amounted to 432,569 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 Grand Pacific Petrochemical increased by 21.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Grand Pacific Petrochemical were 412,173 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Grand Pacific Petrochemical's Scope 1 emissions have decreased by 21.77%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Grand Pacific Petrochemical's Scope 1 emissions increased by 29.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Grand Pacific Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 20,396 tCO₂e without specifying the calculation method.a
Since 2021, Grand Pacific Petrochemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 459.87%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Grand Pacific Petrochemical's Scope 2 emissions (Unspecified Calculation Method) fell by 44.73% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Grand Pacific Petrochemical reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Grand Pacific Petrochemical reported Scope 1 greenhouse gas (GHG) emissions of 412,173 tCO₂e and total revenues of USD 512 millions. This translates into an emissions intensity of 804.38 tCO₂e per millions USD.a
In 2023, Grand Pacific Petrochemical reported a Scope 1 emissions intensity of 804.38 tCO₂e per millions USD. Compared to the peer group median of 243.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Grand Pacific Petrochemical ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Grand Pacific Petrochemical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a