Potential offtaker

SINOPEC KANTONS HOLDINGS

www.sinopec.com.hk

Estimated electricity consumption

N/A

Countries of production presence

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SINOPEC KANTONS HOLDINGS is a Hong Kong-based company that operates in the Oil Pipelines & Storage sector. The company is a subsidiary of Sinopec Group, which is one of the largest oil and gas companies in China. SINOPEC KANTONS HOLDINGS has a strong presence in the energy industry in Hong Kong and has been actively involved in decarbonisation efforts in recent years.

Decarbonisation is a critical issue for the energy industry, and SINOPEC KANTONS HOLDINGS is committed to reducing its carbon footprint. The company has implemented a range of measures to reduce its greenhouse gas emissions, including investing in renewable energy and energy-efficient technologies. SINOPEC KANTONS HOLDINGS has also set ambitious targets to reduce its carbon emissions in line with the Paris Agreement.

Corporate energy is another area of focus for SINOPEC KANTONS HOLDINGS. The company provides energy solutions to businesses and organizations in Hong Kong, including energy audits, energy management, and energy efficiency services. SINOPEC KANTONS HOLDINGS works closely with its clients to develop customized energy solutions that meet their specific needs and help them reduce their energy costs.

Corporate PPA (Power Purchase Agreement) is another important area of focus for SINOPEC KANTONS HOLDINGS. The company has been actively involved in the development of renewable energy projects in Hong Kong and has signed several corporate PPAs with renewable energy developers. These agreements enable SINOPEC KANTONS HOLDINGS to purchase renewable energy at a fixed price over a long-term period, providing the company with a stable and predictable source of energy.

Renewable energy is a key area of growth for SINOPEC KANTONS HOLDINGS. The company has invested heavily in renewable energy projects in recent years, including solar, wind, and hydroelectric power. SINOPEC KANTONS HOLDINGS has also been involved in the development of offshore wind farms in Hong Kong, which have the potential to provide a significant source of renewable energy for the region.

In addition to its focus on decarbonisation, corporate energy, corporate PPA, and renewable energy, SINOPEC KANTONS HOLDINGS is also committed to sustainability and social responsibility. The company has implemented a range of initiatives to reduce its environmental impact, including reducing waste, conserving water, and promoting biodiversity. SINOPEC KANTONS HOLDINGS also supports a range of community initiatives, including education, health, and social welfare programs.

Overall, SINOPEC KANTONS HOLDINGS is a leading player in the energy industry in Hong Kong, with a strong focus on decarbonisation, corporate energy, corporate PPA, and renewable energy. The company is committed to reducing its carbon footprint and is actively involved in the development of renewable energy projects in the region. SINOPEC KANTONS HOLDINGS is also committed to sustainability and social responsibility, and is working to promote a more sustainable future for Hong Kong and the wider region.

✓ Declared Net Zero commitment