China Petrochemical Corporation

China Petrochemical Corporation logo

China Petrochemical Corporation, also known as Sinopec Group, is a Chinese oil and gas enterprise engaged in oil & gas exploration and production, refining, and petrochemical manufacturing. It operates as a vertically integrated energy and chemical company.

Positive signals

Sinopec is included in major ESG data and benchmarking platforms such as CSRHub, which aggregates and analyzes sustainability performance, enabling stakeholders to assess and compare its ESG standing within the industry.

Sinopec is benchmarked by S&P Global ESG Scores, which measures the company's performance on and management of material ESG risks, opportunities, and impacts, providing external validation and transparency for stakeholders.

China Petroleum & Chemical Corp. (Sinopec) has an 'Average' management score for ESG material risk according to Sustainalytics, indicating that its ESG programs, practices, and policies are of moderate robustness compared to industry peers.

Concerns

Crude oil production

Revenue and financial performance

China Petroleum & Chemical Corp. has a 'Severe' ESG Risk Rating of 62.2 from Sustainalytics, ranking 256th out of 280 in its industry, indicating significant exposure to material ESG risks and a high level of controversies impacting its risk profile.

Sustainalytics identifies that Sinopec's highest controversy level in the past three years has significantly impacted its ESG Risk Rating, reflecting ongoing and unresolved material ESG controversies.

State ownership and governance structure