China Petroleum & Chemical Corp.
Industry Group: Oil & Gas Producers
Country/Region: China
Identifier: HKG:386
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2023, Sinopec’s production of oil and gas equivalent was 504.09 million barrels. The firm also processed 257.52 million metric tons of crude oil.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 263 out of 321
Universe
Global Universe 16189 out of 16353
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| TotalEnergies SE |
27.1
Medium
|
17 out of 321 |
| Petróleo Brasileiro SA |
35
High
|
64 out of 321 |
| BP Plc |
36
High
|
72 out of 321 |
| Equinor ASA |
37.3
High
|
82 out of 321 |
| China Petroleum & Chemical Corp. |
53
Severe
|
263 out of 321 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for China Petroleum & Chemical Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted China Petroleum & Chemical Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
