Sinopec Shanghai Petrochemical Co Ltd

Common Name
Sinopec Shanghai Petrochemical
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
7,124
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 GHG Emissions Data Preview

In 2023, Sinopec Shanghai 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, Sinopec Shanghai Petrochemical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sinopec Shanghai 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 Sinopec Shanghai Petrochemical’s data sources below and access millions more through our Disclosure Search.

a. Sinopec Shanghai Petrochemical's ESG Report 2023
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b. Sinopec Shanghai Petrochemical's ESG Report 2022
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Insights into Sinopec Shanghai Petrochemical's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sinopec Shanghai Petrochemical amounted to 9,004,600 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 Shanghai Petrochemical increased by 7.78%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Sinopec Shanghai Petrochemical's Scope 1 Emissions Over Time

202020212022202302.5 M5 M7.5 M10 MtCO2e-8%-10%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Sinopec Shanghai Petrochemical's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sinopec Shanghai Petrochemical were 8,731,800 metric tons of CO₂ equivalent (tCO₂e). a

Has Sinopec Shanghai Petrochemical reduced its Scope 1 emissions over time?

Since 2020, Sinopec Shanghai Petrochemical's Scope 1 emissions have decreased by 10.66%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Sinopec Shanghai Petrochemical's Scope 1 emissions increased by 7.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Sinopec Shanghai Petrochemical's Scope 2 emissions?

In 2023, Sinopec Shanghai Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 272,800 tCO₂e without specifying the calculation method. a

Has Sinopec Shanghai Petrochemical reduced its Scope 2 emissions over time?

Since 2020, Sinopec Shanghai Petrochemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 64.47%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Sinopec Shanghai Petrochemical's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sinopec Shanghai Petrochemical 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Sinopec Shanghai Petrochemical use for Scope 2 reporting?

In 2023, Sinopec Shanghai Petrochemical reported its Scope 2 emissions using an unspecified methodology. a

Sinopec Shanghai Petrochemical's Scope 2 Emissions Over Time

20202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sinopec Shanghai Petrochemical’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Sinopec Shanghai Petrochemical reported Scope 1 greenhouse gas (GHG) emissions of 8,731,800 tCO₂e and total revenues of USD 13,088 millions. This translates into an emissions intensity of 667.18 tCO₂e per millions USD. a

Sinopec Shanghai Petrochemical's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000100,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)OOFLuberefYear: 2023Scope 1: 1,102,695 tCO2eRevenue: $M 2,530Scope 1 Intensity: 435.80 tCO2e/$MAKR CorporindoYear: 2023Scope 1: 25,016 tCO2eRevenue: $M 2,728Scope 1 Intensity: 9.17 tCO2e/$MOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MOOOffshore Oil EngineeringYear: 2023Scope 1: 312,714 tCO2eRevenue: $M 4,327Scope 1 Intensity: 72.27 tCO2e/$MQatar FuelYear: 2023Scope 1: 16,675 tCO2eRevenue: $M 7,674Scope 1 Intensity: 2.17 tCO2e/$MWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MFFFormosa PetrochemicalYear: 2023Scope 1: 24,004,680 tCO2eRevenue: $M 23,228Scope 1 Intensity: 1,033.42 tCO2e/$MSK InnovationYear: 2023Scope 1: 9,379,375 tCO2eRevenue: $M 60,484Scope 1 Intensity: 155.07 tCO2e/$MTurkiye Petrol RafinerileriYear: 2023Scope 1: 6,503,635 tCO2eRevenue: $M 23,236Scope 1 Intensity: 279.90 tCO2e/$MViva Energy GroupYear: 2023Scope 1: 997,508 tCO2eRevenue: $M 17,457Scope 1 Intensity: 57.14 tCO2e/$MPetronas DaganganYear: 2023Scope 1: 53,600 tCO2eRevenue: $M 8,172Scope 1 Intensity: 6.56 tCO2e/$MCosanYear: 2023Scope 1: 2,395,754 tCO2eRevenue: $M 8,137Scope 1 Intensity: 294.41 tCO2e/$MKunlun EnergyYear: 2023Scope 1: 373,839 tCO2eRevenue: $M 27,166Scope 1 Intensity: 13.76 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MUltrapar ParticipacoesYear: 2023Scope 1: 43,433 tCO2eRevenue: $M 25,989Scope 1 Intensity: 1.67 tCO2e/$MIdemitsu KosanYear: 2023Scope 1: 13,487,000 tCO2eRevenue: $M 70,993Scope 1 Intensity: 189.98 tCO2e/$MAmpolYear: 2023Scope 1: 683,969 tCO2eRevenue: $M 21,762Scope 1 Intensity: 31.43 tCO2e/$MS-OilYear: 2023Scope 1: 7,925,000 tCO2eRevenue: $M 27,959Scope 1 Intensity: 283.45 tCO2e/$MHF SinclairYear: 2023Scope 1: 8,367,000 tCO2eRevenue: $M 31,964Scope 1 Intensity: 261.76 tCO2e/$MThai OilYear: 2023Scope 1: 3,376,163 tCO2eRevenue: $M 13,343Scope 1 Intensity: 253.03 tCO2e/$MMOL Magyar Olaj es GazipariYear: 2022Scope 1: 6,640,000 tCO2eRevenue: $M 26,328Scope 1 Intensity: 252.21 tCO2e/$MSinopec Shanghai PetrochemicalYear: 2023Scope 1: 8,731,800 tCO2eRevenue: $M 13,088Scope 1 Intensity: 667.18 tCO2e/$M

How does Sinopec Shanghai Petrochemical's GHG emissions intensity compare to its peers?

In 2023, Sinopec Shanghai Petrochemical reported a Scope 1 emissions intensity of 667.18 tCO₂e per millions USD. Compared to the peer group median of 137.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Sinopec Shanghai Petrochemical rank on GHG emissions intensity within its industry?

In 2023, Sinopec Shanghai Petrochemical ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Sinopec Shanghai Petrochemical among the least efficient performers, with one of the highest emissions intensities in its sector. a

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