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 Waste Data Preview

In 2023, Sinopec Shanghai Petrochemical conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Sinopec Shanghai Petrochemical’s Waste Management Data

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a. Sinopec Shanghai Petrochemical's ESG Report 2023
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Insights into Sinopec Shanghai Petrochemical’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Sinopec Shanghai Petrochemical generated a total of 629,600 metric tonnes of waste. a

Of this amount, 2.3% of Sinopec Shanghai Petrochemical's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 97.7% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Sinopec Shanghai Petrochemical’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230200 k400 k600 k800 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Sinopec Shanghai Petrochemical reduced the environmental impact of its waste?

Since 2021, Sinopec Shanghai Petrochemical's total waste generation fell by 12.79%, but rose by 3.54% in 2023, potentially reflecting a temporary surge in activity or inconsistency in waste control strategies. a

Over the same period, Sinopec Shanghai Petrochemical maintained relatively stable levels of hazardous waste in the long run, but saw a 14.08% drop in 2023, potentially signaling the beginning of a positive downward trend. a

Overall, Sinopec Shanghai Petrochemical's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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