Sustainability Report

Overview

The report describes Sinopec's 2024 sustainability performance across climate, energy, environmental protection, safety, people, and social responsibility. The company reports 167.95 million tonnes CO2-equivalent of total GHG emissions and a goal to reduce carbon emissions by more than 25% from peak levels by 2040, alongside carbon neutrality around 2050. It also highlights 470 energy-efficiency projects that saved 790,000 tonnes of standard coal and a workforce of 355,952 employees. Selected sustainability indicators were subject to KPMG Huazhen LLP limited assurance.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 21 March 2025
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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