Shaanxi Yanchang Petroleum Group
Shaanxi Yanchang Petroleum Group is a state-owned integrated oil and gas company headquartered in China. In 2019, it had USD 1.05 billion in revenue and 101,126 employees*. Yanchang Petroleum is engaged in the exploration, production, transportation, and sale of petroleum and natural gas. There is no evidence to suggest the company is strategically preparing for the low-carbon transition.
- Ranking position
- #90 /100
- Total score
- 1.0 /100
- Performance score
- 0.4 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Yanchang Petroleum receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Based on the company’s fuel and product mix performance, it is projected that its scope 1 and 2 and its scope 1, 2 and 3 emissions intensities will diverge further from its 1.5°C pathway. The company does not have any emissions reduction targets in place to reverse these trends. The company has committed to developing CCUS capacity by 2020 and has piloted a coal-to-ethanol project. Aside from this, there is no evidence to suggest the company is strategically preparing for the low-carbon transition.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Xi'an, China
- Group revenue
- (2019) HKD 8.20 billion (USD 1.05 billion)
- Ownership structure
- State owned
- Number of employees
- 101,126
- Scope of activity
- Integrated
- Website
- http://www.yanchanginternational.com/en/index.php