Sinopec Kantons Highlights Sharp Emissions Cuts, Strengthened Governance in 2025 ESG Report

Bulletin Express
04/17

Sinopec Kantons Holdings Limited released its 2025 Environmental, Social and Governance (ESG) Report, outlining double-digit improvements in key environmental metrics, expanded green-energy use and a reinforced sustainability governance structure.

Environmental Performance • Intensity targets met or exceeded: versus the 2020 baseline, electricity use per kilotonne of business volume fell 18%, diesel 33%, water 51%, particulate matter 34%, greenhouse-gas (GHG) emissions 46%, nitrogen oxides 25%, sulphur oxides 40%, and hazardous waste 26%. Non-hazardous waste decreased 5%. • Absolute emissions and resources: GHG emissions totalled 26,390 tCO₂e (Scope I 1,419 t, Scope II 24,841 t, Scope III 131 t). Electricity consumption reached 45,691 MWh, including 4,966 MWh of purchased green power. Diesel usage was 484 t; gasoline 47,685 L. Water withdrawal was 39,148 m³. • 2030 roadmap: the company targets a further 30% cut in electricity, diesel, water, GHG, PM, NOx and SOx intensities from 2020 levels and a 5% reduction in waste generated per storage-tank maintenance cycle from the 2025 base year.

Operational Footprint As at end-2025 the group operated 174 km of crude-oil pipelines, eight LNG vessels (three more under construction) and 2.48 million m³ of overseas storage capacity, with a designed annual domestic jetty throughput of 235 million tonnes.

Governance and Ratings An ESG Committee was formed in March 2026, expanding oversight beyond the Board and a cross-functional working group. ESG performance is now linked to management remuneration. External ratings include SNSI “AAA”, Wind “AA” and an S&P Global ESG score of 39.

Workforce and Safety Total staff stood at 270 (81% male; turnover 2.22%). Training exceeded 12,000 hours, averaging 44 hours per employee. The year recorded zero work-related fatalities or lost-time injuries; Huade Petrochemical retained ISO 45001 certification.

Supply Chain and Community The company engaged 459 suppliers (85% mainland China) and conducted 4,321 training hours for contractors. Community investment reached roughly HK$0.86 million alongside 583 volunteer hours.

Recognition Honours included the TVB ESG Awards 2025, Hong Kong Green Organisation certification and Wind ESG Best Practice Top 100 (SME).

Sinopec Kantons states it is positioned to achieve carbon neutrality around 2050, supported by continued green-power purchases, LNG fleet expansion and ongoing efficiency upgrades.

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