The report highlights Sinopec Corp.'s efforts in 2020 to respond to the Covid-19 pandemic, including ensuring stable oil and gas supplies, producing medical materials, and supporting industrial chain partners in resuming operations. The company also made significant progress in poverty alleviation, achieving the goal of lifting all eight designated targeted poverty alleviation counties out of poverty. The report also outlines Sinopec Corp.'s commitment to low-carbon development, with the ambitious goal of peaking carbon dioxide emissions before the national target and achieving carbon neutrality by 2050. This commitment includes promoting energy transition, increasing natural gas production, developing renewable energy sources, and actively exploring hydrogen energy. The report further details Sinopec Corp.'s efforts in environmental protection, including implementing an environmental management system, reducing emissions, managing solid waste, and protecting biodiversity. In addition, the report highlights the company's commitment to safety management, including its HSSE management system, workplace safety, contractor safety, logistics safety, and information security. Finally, the report showcases Sinopec Corp.'s dedication to respecting human rights, fostering employee health, providing training and development opportunities, and caring for its employees.
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China Petroleum and Chemical Corporation (Sinopec) 2020 Sustainability Report
Issuing Company China Petroleum and Chemical Corporation (Sinopec)
Report Type Sustainability Report
Report Language EN
Report Filesize 10.95 MB
No. of Pages 51 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report Edition15
Assurance Provider PricewaterhouseCoopers Zhong Tian LLP
Reporting Standards GRI; GRI; Global Compact Advanced Communication on Progress;...
Materiality Assessmenttrue