- Reputation risks due to failure to meet low-carbon development goals
- Transitional risks from market preference for low-carbon products
- Technological risks from the rapid development of alternative energy sources
- Operational risks from climate change-induced uncertainty in the energy market
- Policy and regulatory risks from stricter environmental regulations
- Physical risks from natural disasters and water scarcity
PetroChina Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, PetroChina Company Limited disclosed greenhouse gas emissions of 171.18 million tCO2e. By scope: Scope 1: 124.66 million tCO2e; Scope 2: 46.52 million tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
171.18 million tCO2e
2023
Renewable Energy
3.6%
of total energy
Water Usage
771.23 million cubic meters
2023
Waste
4.855 million tons
2023
Energy Use
65.48 million tons of standard coal
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 124.66 million tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 46.52 million tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 171.18 million tCO2e |
| 2022 | 160.56 million tCO2e |
| 2021 | 159.54 million tons of CO2 equivalent |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced methane emissions by 7.41% year-on-year
- Annual CO2 injection volume of CCUS projects reached 1.592 million tons
- 84 subsidiaries included for green enterprise certification, with 44 completing construction
- Guangdong Petrochemical Refinery Complex achieved 80% water reuse rate and 100% solid waste treatment rate
- Water saved: 8.14 million cubic meters
- Energy saved: 0.83 million tons of standard coal
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce methane emissions intensity by 50% to 0.25% by 2025 (compared to 2019)
- Increase proportion of new energy output to 7% of domestic energy supply capacity by 2025
- Increase annual CO2 injection in CCUS projects to 3 million tons by 2025
📅 Medium-term
- Achieve balanced share of new energies, oil, and natural gas businesses by 2035
- Reduce methane emissions intensity by 20% to 0.20% by 2035 (compared to 2025)
🔭 Long-term
- Ensure that the proportion of output from new energies and new industries reaches half of total output by 2050
🌱 ESG Focus Areas
Corporate GovernanceClimate ChangeEnvironmental ProtectionEmployee Rights and DevelopmentSocial ContributionSupply Chain Management