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China Petroleum and Chemical Corporation Limited (Sinopec)

China Petroleum & Chemical Corporation is a majority state-owned company headquartered in China. In 2021 its revenue was USD 425.01 billion. The company is involved in oil and gas exploration, development and production, refining and marketing petroleum products, manufacturing and marketing industrial chemical products, and coal businesses.
Ranking position
#51 /99
Total score
13.1 /100

9.1 /60
Core social indicators
1.5 /20
Just transition
2.5 /20

ACT score components

Performance score
1.4 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 0.0 /100 #66

Material investment

#1 0.9 /100 #73

Intangible investment

#1 0.0 /100 #11

Sold products

#1 0.9 /100 #57


#1 25.3 /100 #71

Supplier engagement

#1 15.0 /100 #33

Client engagement

#1 0.0 /100 #45

Policy engagement

#1 26.0 /100 #42

Business model

#1 20.0 /100 #16
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Sinopec receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Sinopec has not set any long-term emissions reduction targets. It aims to reduce its scope 1 and 2 carbon dioxide emissions by about 7% by 2023 compared to 2018. The company does not have a zero-flaring target. Moreover, even though Sinopec is developing low-carbon business models, such as low-carbon hydrogen, low-carbon electricity generation and carbon capture and storage (CCS), the company is going to increase its oil and gas production in the near future and is projected to exceed its carbon budget by about 50% by 2050.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Beijing, China
Majority state-owned
USD 425 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000