In 2024, Rongsheng 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, Rongsheng 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 26,410,900a | 25,287,836a | 26,055,748b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 2,983,004a | 3,772,401a | 7,561,084b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 590.3953a | 552.7968a | 627.5753b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Rongsheng Petrochemical amounted to 29,393,904 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 Rongsheng Petrochemical increased by 1.15%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Rongsheng Petrochemical were 26,410,900 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Rongsheng Petrochemical's Scope 1 emissions have increased by 1.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Rongsheng Petrochemical's Scope 1 emissions increased by 4.44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Rongsheng Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 2,983,004 tCO₂e without specifying the calculation method.a
Since 2022, Rongsheng Petrochemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 60.55%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Rongsheng Petrochemical's Scope 2 emissions (Unspecified Calculation Method) fell by 20.93% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Rongsheng Petrochemical reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Rongsheng Petrochemical reported Scope 1 greenhouse gas (GHG) emissions of 26,410,900 tCO₂e and total revenues of USD 44,734 millions. This translates into an emissions intensity of 590.4 tCO₂e per millions USD.a
In 2024, Rongsheng Petrochemical reported a Scope 1 emissions intensity of 590.4 tCO₂e per millions USD. Compared to the peer group median of 708.03, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Rongsheng Petrochemical ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Rongsheng Petrochemical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a