No power delivery, no negotiation, just 12V straight to VBUS
You surely wouldn't regret having a USB-C plug with 12V on VBUS around.

How did you found out?
@derf I have a mini pc with a similar predicament (12v wall wart with a USB C-shaped plug, very much not PD compliant)
the existence of such an abomination doesn't annoy me as much as the fact that said PC is unable to be powered via regular USB PD
@derf ah, thanks, the crucial word on my adapter is "or" :D
i would like to leave you with this beautful page, if you don't know it already http://www.fiftythree.org/etherkiller/
@pavel yeah, no, definitely don't try this.
proper USB-C negotiation chips will prevent this crap from doing any harm, but 90% of 5V devices have no Vbus MOSFETs, they just have the 2x 5.1kOhm resistors and that's it.
If you connect them to 12V, you'll let the magic smoke out. Quickly.