China Petroleum & Chemical Corp.
Industry Group: Oil & Gas Producers
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 2022, Sinopec’s production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.
ESG Risk Rating
Industry Group (1st = lowest risk)
Oil & Gas Producers 243 out of 304
Global Universe 15392 out of 15561
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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 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.
China Petroleum & Chemical Corp.'s Exposure is High
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.
China Petroleum & Chemical Corp.'s Management of ESG Material Risk is Average
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.
Highest Controversy level that has impacted China Petroleum & Chemical Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level