- Potential for damage to jetties and facilities from extreme weather (typhoons, floods, high temperatures).
- Increased vessel demurrage due to extreme weather.
- Sea level rise leading to flooding and asset damage.
- Stricter emissions requirements and new low-carbon policies.
- Decreased demand for traditional fossil fuels.
- Development of low-carbon technologies and potential reduction in demand for crude oil.
Sinopec Kantons Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sinopec Kantons Holdings Limited disclosed greenhouse gas emissions of 26.5K tCO2e/year. By scope: Scope 1: 1.2K tCO2e/year; Scope 2: 25.3K tCO2e/year; Scope 3: 60.02 tCO2e/year. 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
26.5K tCO2e/year
2023
Water Usage
46.3K m3/year
2023
Waste
323.7 tonnes/year
2023
Energy Use
41.4K MWh/year
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). | 1.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 25.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 60.02 tCO2e/year |
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 | 26.5K tCO2e/year |
| 2022 | 42.1K tonnes of CO2e (2022) |
| 2015 | 1.1K kg (Nitrogen oxides) 3116.61kg (Carbon monoxide) 1520kg (Sulfur dioxide) 95.665kg (Soot) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 6% reduction in electricity consumption per kilotonne business volume (vs. 2020 baseline)
- 26% reduction in diesel consumption per kilotonne business volume (vs. 2020 baseline)
- 33% reduction in water consumption per kilotonne business volume (vs. 2020 baseline)
- 31% reduction in GHG emission per kilotonne business volume (vs. 2020 baseline)
- 38% reduction in hazardous waste per oil tank repaired (vs. 2020 baseline)
- 68% reduction in non-hazardous waste per oil tank repaired (vs. 2020 baseline)
- 16% reduction in PM emission per kilotonne business volume (vs. 2020 baseline)
- 6% reduction in NOx emission per kilotonne business volume (vs. 2020 baseline)
- 38% reduction in SOx emission per kilotonne business volume (vs. 2020 baseline)
- Nanbianzao oil depot remedied the leakage of underground water pipes, reducing water use by approximately 1,000 cubic meters.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Decrease electricity consumption per kilotonne business volume by 6% by 2025 (vs. 2020 baseline)
- Decrease diesel consumption per kilotonne business volume by 5% by 2025 (vs. 2020 baseline)
- Decrease water consumption per kilotonne business volume by 10% by 2025 (vs. 2020 baseline)
- Decrease GHG emission per kilotonne business volume by an unspecified amount by 2025 (vs. 2020 baseline)
- Decrease hazardous waste per oil tank repaired by 15% by 2025 (vs. 2020 baseline)
📅 Medium-term
- Pilot 5 million kWh of green electricity in 2024
🌱 ESG Focus Areas
Environmental ManagementCorporate GovernanceRisk ManagementCompliance OperationAnti-corruptionGeopolitical ImplicationsSupply Chain ManagementProduction Safety ManagementEconomic PerformanceIndustry Situation and ProspectsEnergy SupplyEnergy Transition