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Sinopec Shanghai Petrochemical Co Ltd

Common Name
Sinopec Shanghai Petrochemical
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
6,940
Ticker
600688
Exchange
Shanghai Stock Exchange
Description
Sinopec Shanghai Petrochemical Company Limited is a leading chemical and petrochemical company based in China, specializing in the production of refined petroleum products, petrochemicals, and synthet...

Sinopec Shanghai Petrochemical's Climate Target Data Preview

As of 2025, Sinopec Shanghai Petrochemical 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 Shanghai Petrochemical's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Output Value
-5%a
2025
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Verified Sources Behind Sinopec Shanghai Petrochemical’s Climate Targets Data

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a. Sinopec Shanghai Petrochemical's ESG Report 2025

Insights into Sinopec Shanghai Petrochemical's Greenhouse Gas Emissions Pathways

As of 2025, Sinopec Shanghai Petrochemical 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 Shanghai Petrochemical have a target to reduce the emissions from its operations?

As of 2025, Sinopec Shanghai Petrochemical has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Sinopec Shanghai Petrochemical's most ambitious operational target is to reduce these emissions by 5% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Output Value in 2020.a

Sinopec Shanghai Petrochemical has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a

Sinopec Shanghai Petrochemical's Operational (Scope 1+2) Emissions Pathway

2020202500000Current (-11%)
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