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Hengyi Petrochemical Co Ltd
Hengyi Petrochemical's GHG Emissions Data Preview
In 2024, Hengyi 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, Hengyi Petrochemical 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Hengyi Petrochemical’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hengyi Petrochemical's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHengyi Petrochemical amounted to7,940,000metric 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 Hengyi Petrochemicaldecreased by 1.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Hengyi Petrochemical's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hengyi Petrochemical's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hengyi Petrochemical were 6,130,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Hengyi Petrochemical's Scope 1 emissions increased by 44.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Hengyi Petrochemical's Scope 2 emissions?
In 2024, Hengyi Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 1,810,000 tCOâ‚‚e without specifying the calculation method.a
Has Hengyi Petrochemical reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Hengyi Petrochemical's Scope 2 emissions(Unspecified Calculation Method) fell by 52.99% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Hengyi Petrochemical use for Scope 2 reporting?
In 2024, Hengyi Petrochemical reported its Scope 2 emissions using an unspecified methodology.a
Hengyi Petrochemical's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hengyi Petrochemical’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hengyi Petrochemical reported Scope 1 greenhouse gas (GHG) emissions of 6,130,000 tCOâ‚‚e and total revenues of USD 17,191 millions. This translates into an emissions intensity of 356.58 tCOâ‚‚e per millions USD.a
Hengyi Petrochemical's Scope 1 Emissions Intensity Compared to Peers
How does Hengyi Petrochemical's GHG emissions intensity compare to its peers?
In 2024, Hengyi Petrochemical reported a Scope 1 emissions intensity of 356.58 tCOâ‚‚e per millions USD. Compared to the peer group median of 50.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Hengyi Petrochemical rank on GHG emissions intensity within its industry?
In 2024, Hengyi Petrochemical ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hengyi Petrochemical among the least efficient performers, with one of the highest emissions intensities in its sector.a