Hengyi Petrochemical Co Ltd

Common Name
Hengyi Petrochemical
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
16,014
Ticker
000703
Exchange
SHENZHEN STOCK EXCHANGE
Description
Hengyi Petrochemical Co., Ltd. is a recognized entity in the industrial sector, focusing on the production and distribution of petrochemical products. The company's primary operations include the manu...

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)2024202320222021 - 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
Download Data

Verified Sources Behind Hengyi Petrochemical’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 Hengyi Petrochemical’s data sources below and access millions more through our Disclosure Search.

a. Hengyi Petrochemical's ESG Report 2024
a. Hengyi Petrochemical's ESG Report 2024
b. Hengyi Petrochemical's ESG Report 2023
b. Hengyi Petrochemical's ESG Report 2023

Insights into Hengyi Petrochemical's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hengyi Petrochemical amounted to 7,940,000 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 Hengyi Petrochemical decreased by 1.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Hengyi Petrochemical's Scope 1 Emissions Over Time

2023202402 M4 M6 M8 MtCO2e+45%
  • 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 CO₂ equivalent (tCO₂e). 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. a b

What are Hengyi Petrochemical's Scope 2 emissions?

In 2024, Hengyi Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 1,810,000 tCO₂e 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. a b

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

2023202401 M2 M3 M4 MtCO2e
  • 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 tCO₂e and total revenues of USD 17,191 millions. This translates into an emissions intensity of 356.58 tCO₂e per millions USD. a

Hengyi Petrochemical's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)BSCZKGNHWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MBBBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MChina Risun GroupYear: 2024Scope 1: 8,282,412 tCO2eRevenue: $M 7,125Scope 1 Intensity: 1,162.48 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MGNMIYear: 2023Scope 1: 53 tCO2eRevenue: $M 164Scope 1 Intensity: 0.32 tCO2e/$MCNGR Advanced MaterialYear: 2023Scope 1: 161,121 tCO2eRevenue: $M 4,822Scope 1 Intensity: 33.41 tCO2e/$MCCChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MMeiHua Holdings GroupYear: 2023Scope 1: 9,383,709 tCO2eRevenue: $M 3,906Scope 1 Intensity: 2,402.33 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MZZZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MSanyou ChemicalYear: 2023Scope 1: 4,041,748 tCO2eRevenue: $M 3,084Scope 1 Intensity: 1,310.43 tCO2e/$MAngang SteelYear: 2022Scope 1: 52,392,911 tCO2eRevenue: $M 18,824Scope 1 Intensity: 2,783.33 tCO2e/$MLuxi Chemical GroupYear: 2023Scope 1: 9,793,400 tCO2eRevenue: $M 3,568Scope 1 Intensity: 2,744.79 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MTransfar ZhilianYear: 2023Scope 1: 9,171 tCO2eRevenue: $M 4,733Scope 1 Intensity: 1.94 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MOriental YuhongYear: 2023Scope 1: 359,900 tCO2eRevenue: $M 4,618Scope 1 Intensity: 77.93 tCO2e/$MKKKingfa Sci&TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2023Scope 1: 19,327 tCO2eRevenue: $M 1,624Scope 1 Intensity: 11.90 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 4,160Scope 1 Intensity: 3,236.80 tCO2e/$MPutailaiYear: 2023Scope 1: 68,539 tCO2eRevenue: $M 2,158Scope 1 Intensity: 31.75 tCO2e/$MNNNingbo ShanshanYear: 2023Scope 1: 36,734 tCO2eRevenue: $M 2,683Scope 1 Intensity: 13.69 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$M

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 tCO₂e per millions USD. Compared to the peer group median of 77.93 , 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 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hengyi Petrochemical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Want Full Access to Hengyi Petrochemical's GHG Emissions Dataset?
Sign Up