Sinopec Engineering Group Co Ltd
Sinopec Engineering Group's Climate Target Data Preview
As of 2023, Sinopec Engineering Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sinopec Engineering Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue | Copy/Paste is a PRO feature.  a | 2025 |
Verified Sources Behind Sinopec Engineering Group’s Climate Targets Data
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Insights into Sinopec Engineering Group's Greenhouse Gas Emissions Pathways
As of 2023, Sinopec Engineering Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Sinopec Engineering Group have a target to reduce the emissions from its operations?
As of 2023, Sinopec Engineering Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Sinopec Engineering Group's most ambitious operational target is to reduce these emissions by 5.7% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2021.a
Instead of reducing operational emissions, Sinopec Engineering Group has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.a