Hengyi Petrochemical Co Ltd 2024 SR
The report highlights Hengyi's 50th anniversary and its strategic transition from an industrial to a technological enterprise. In 2024, the company invested approximately RMB 800 million in R&D, resulting in 502 valid patents and the development of eco-friendly products like Eticont. Environmental efforts led to a reduction of 0.15 million tons in CO2 emissions and the expansion of PV capacity to 130 MW. Socially, Hengyi created nearly 1,000 local jobs in Brunei and implemented its sixth employee stock ownership plan. The company continues to align with the UN SDGs and China's carbon neutrality goals for 2060.
Company: Hengyi Petrochemical Co Ltd
Sector: Materials
Country: China
Year: 2024
Type: SR
Pages: 76
Hengyi Petrochemical Co Ltd
ESG Report
The report highlights Hengyi's 50th anniversary and its strategic transition from an industrial to a technological enterprise. In 2024, the company invested approximately RMB 800 million in R&D, resulting in 502 valid patents and the development of eco-friendly products like Eticont. Environmental efforts led to a reduction of 0.15 million tons in CO2 emissions and the expansion of PV capacity to 130 MW. Socially, Hengyi created nearly 1,000 local jobs in Brunei and implemented its sixth employee stock ownership plan. The company continues to align with the UN SDGs and China's carbon neutrality goals for 2060.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 22, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees