On June 19, Sinochem International issued its 2022 Sustainability Report, setting a goal to peak its operational carbon emissions by 2029.
In recent years, Sinochem International has prioritized “low-carbon development” as a key ESG focus. The company has promoted “dual carbon” initiatives across all levels, established work mechanisms and action plans, set carbon reduction targets, and advanced energy conservation and emission reduction through process innovation, equipment upgrades, energy substitution, and recycling.
In 2022, Sinochem International reduced its energy consumption and carbon dioxide emissions per 10,000 yuan of output value by 14% and 11%, respectively, compared to the end of 2020. Carbon dioxide emissions per ton of product fell to 1.43 tons, a 21.73% decrease since 2018. The company completed 32 major carbon reduction projects in 2022, cutting greenhouse gas emissions by 46,000 tons of CO2 equivalent year on year.