Sinopec
Sinopec is a super large energy and petrochemical group with integrated business in upstream, downstream, production, supply, marketing, domestic and overseas trading. It is committed to leading the future of energy and chemical industry with innovation.
Positive signals
Fitch Ratings affirmed Sinopec's long-term foreign- and local-currency issuer default ratings at 'A+' in November 2024, indicating continued financial stability and resilience despite a negative outlook.
Sinopec Kantons Holdings Limited received an ESG score from S&P Global that reflects a double materiality approach, considering both financial and environmental/social impacts in its assessment as of August 2024.
Sinopec's Board of Directors has formally integrated ESG considerations into major decision-making processes and business practices, in accordance with the Environmental, Social and Governance Reporting Guidelines of the Hong Kong Stock Exchange and other regulatory frameworks as of March 2025.
Sinopec Shanghai Petrochemical Co., Ltd. has an ESG Risk Rating of 31 (High) from Sustainalytics, ranking 281 out of 580 in its industry, with a 'Medium' exposure score and 'Average' management of ESG material risks as of May 2025.
Concerns
Sinopec Shanghai Petrochemical Co., Ltd. is rated as having 'High' ESG risk by Sustainalytics, with the highest controversy level impacting its ESG risk rating in the last three years, indicating significant unresolved ESG controversies.
HIGH
Source →Hydrogen supply infrastructure
MEDIUM
Source →
