Sinopec Oilfield Service CorpSinopec Oilfield Service Corp - ESG Rating & Company Profile powered by AI

Industry Group:Oil & Gas Drilling

The ESG assessment for Sinopec Oilfield Service Corp indicates its transparency towards the UN Sustainable Development Goals. The ESG rating includes seventeen UN SDGs including: 'Affordable & Clean Energy', 'Reduced Inequalities' and 'Peace, Justice & Strong Institutions'. The dashboard contains a Q&A table on Sinopec Oilfield Service Corp.

Sinopec Oilfield Service Corp in the Oil & Gas Drilling industry gained a UN SDG ESG Transparency Score of 3.4; made up of an environmental score of 4.0, social score of 5.0 and governance score of 1.1.

SDG Transparency Score for Sinopec Oilfield Service Corp 

3.4

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Sinopec Oilfield Service Corp 
4.0

Environmental

5.0

Social

1.1

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Boart Longyear Ltd
8.0
High
1Noble Holding Corporation PLC
8.0
High
.........
32Stonehorse Energy Ltd
3.6
Medium
34Cathedral Energy Services Ltd
3.5
Medium
35Sinopec Oilfield Service Corp
3.4
Medium
36Transocean Ltd
3.2
Medium
37Seadrill Ltd (HAMILTON)
3.1
Medium
.........
64Xtreme Drilling Corp
0.0
Low
64Tecpetrol Sociedad Anónima
0.0
Low
.........
View the full peer group of 102 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Sinopec Oilfield Service Corp have an accelerator or VC vehicle to help deliver innovation?

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Does Sinopec Oilfield Service Corp disclose current and historical energy intensity?

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Does Sinopec Oilfield Service Corp reference operational or capital allocation in relation to climate change?

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Does Sinopec Oilfield Service Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Sinopec Oilfield Service Corp disclose the pay ratio of women to men?

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Does Sinopec Oilfield Service Corp reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Does Sinopec Oilfield Service Corp disclose energy use targets?

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Does Sinopec Oilfield Service Corp disclose its Renewable Energy targets?

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Potential Risks for Sinopec Oilfield Service Corp
These potential risks are based on the size, segment and geographies of the company.

Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. It operates through six segments: Geophysics, Drilling Engineering, Logging and Mud Logging, Special Down-Hole Operations, Engineering Construction, and Others. The Geophysics segment offers terrestrial and marine geophysical exploration, development, and technical services. The Drilling Engineering segment provides land and ocean drilling design, construction, and technical services, as well as drilling instrumentation. The Logging and Mud Logging segment offers land and ocean project contracting and technical services for collection, monitoring, transmission, and processing and interpretation, as well as engages in the evaluation of wellbore oil and gas, geology, and engineering information. The Special Down-Hole Operations segment provides oil engineering technical and construction services, including oil testing, well repair, and lateral drilling, as well as fracturing, acidizing, and oil assignments. The Engineering Construction segment engages in the provision of various services, such as feasibility studies; design, procurement, and construction services for onshore and offshore oil and gas fields, long-distance pipeline projects, oil and gas transporting process projects, storage and transportation projects, petrochemical supporting projects, LNG projects, building construction, water resources and hydropower, ports and waterways, electricity transmission, and distribution projects; manufacturing of pressure vessels; and coal chemical engineering, geothermal utilization, energy saving, and municipal roads and bridges. The company was formerly known as Sinopec Yizheng Chemical Fibre Company Limited and changed its name to Sinopec Oilfield Service Corporation in March 2015. The company is headquartered in Beijing, the People's Republic of China. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation.

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