Sinopec

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China Petroleum and Chemical Corporation (Sinopec Corp.) is China’s largest producer and supplier of refined oil products and its second-largest crude oil producer. It is also China’s largest petrochemicals producer and distributor and the world’s fourth-largest ethylene producer. Operations include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution, and marketing; and petrochemicals manufacturing. In 2010 it reported proved reserves of 2.9 billion barrels of oil and 6.5 trillion cu. ft. of natural gas; it also owns more than 29,600 gas stations and 34 refineries. China’s government controls about 76% of the company through Sinopec Group.

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0.36

Overall Excellence Rating

Industry

Information Technology

Category

IT Services & IT Consulting

ESG/Ethical Impact

Focus on carbon emission reduction, pollution control, and green development. We actively responded to climate change, implemented our carbon peaking action plan in an orderly manner and promoted the construction of carbon neutrality demonstration projects. We strengthened the management of carbon assets to reduce the carbon trading costs. We deepened the implementation of Energy Efficiency Improvement Plan , and reduced our comprehensive energy consumption per RMB 10,000 of production value by 2.6% year-on-year. We deepened the prevention and control of pollution, and successfully achieved the goals of the first phase of our Green Enterprise Action Plan. Our continued efforts on resource conservation and efficient utilisation yielded promising results, with the comprehensive utilisation rate of industrial solid waste increasing to over 90% and industrial fresh water intake reducing by 1%. We also intensified the ecosystem protection, strictly prevented ecological environment risks, actively participated in ecological protection and restoration, and completed the afforestation and greening tasks of the Sinopec Saihanba Ecological Demonstration Forest Project. Follow the path of safe development.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer.

Awards Received

2023

Revenues

13245000000.00

Website Traffic

Employee Rating

3.90

Customer Rating

3.30

Company Size

10000+

ESG Risk Rating

1.00

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