The report highlights the company's sustainability philosophy and policies, focusing on its environmental protection, social responsibility, and corporate governance (ESG) performances in 2021, highlighting how it responded to the expectations and concerns of its stakeholders. The report covers various areas such as corporate governance, technological innovation, energy supply, green development, climate action, safety, and social responsibility. Notable highlights include the company's progress towards ""net zero"" emissions, including the launch of China's first million-tonne CCUS project, the establishment of a methane emission control alliance with other Chinese oil and gas companies, and the development of various new energy initiatives such as hydrogen energy and solar power. Additionally, Sinopec fulfilled its social responsibilities through initiatives like the ""Lifeline Express"" project to provide free cataract surgeries, ""Warm Stations"" to assist homebound migrant workers, and ""Driver's Home"" programmes to support truck drivers.
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China Petroleum and Chemical Corporation (Sinopec) 2021 Sustainability Report
Issuing Company China Petroleum and Chemical Corporation (Sinopec)
Report Type Sustainability Report
Report Language EN
Report Filesize 4.64 MB
No. of Pages 57 pages
Reporting periodJanuary 1, 2021-December 31, 2021
Report Edition16
Assurance Provider KPMG Hua Zhen LLP
Reporting Standards GRI; GRI 11: Oil and Gas Sector 2021; UNGC; others
Materiality Assessmenttrue