In 2023, Sinopec Kantons Holdings 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Sinopec Kantons Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,200.881a | 1,095.857a | 1,574.6a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 25,283.72a | 24,468.948a | 40,565.66a | |
Total Scope 3 | 60.015a | 26.28a | 16.5a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 15.3764a | 13.881a | 19.2858a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Sinopec Kantons Holdings amounted to 26,484.601 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 Sinopec Kantons Holdings increased by 3.6%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Sinopec Kantons Holdings were 1,200.881 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Sinopec Kantons Holdings's Scope 1 emissions have decreased by 34.83%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Sinopec Kantons Holdings's Scope 1 emissions increased by 9.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Sinopec Kantons Holdings reported Scope 2 greenhouse gas (GHG) emissions of 25,283.72 tCO₂e without specifying the calculation method.a
Since 2020, Sinopec Kantons Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 37.32%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Sinopec Kantons Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sinopec Kantons Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Sinopec Kantons Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Sinopec Kantons Holdings reported 60.015 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Sinopec Kantons Holdings includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Sinopec Kantons Holdings reported total Scope 3 emissions of 60.015 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Sinopec Kantons Holdings's Scope 3 emissions have decreased by 99.75%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Sinopec Kantons Holdings's Scope 3 emissions increased by 128.37%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Sinopec Kantons Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,200.881 tCO₂e and total revenues of USD 78 millions. This translates into an emissions intensity of 15.38 tCO₂e per millions USD.a
In 2023, Sinopec Kantons Holdings reported a Scope 1 emissions intensity of 15.38 tCO₂e per millions USD. Compared to the peer group median of 695.63, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Sinopec Kantons Holdings ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sinopec Kantons Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2023, Sinopec Kantons Holdings reported a total carbon footprint of 26,544.616 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.73% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sinopec Kantons Holdings's total carbon footprint was Scope 2 emissions, accounting for 95.25% of the company's total carbon footprint, followed by Scope 1 emissions at 4.52%.a