PR Newswire
20 Sep 2022, 21:30 GMT+10
BEIJING, Sept. 20, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has released its 2021 Corporate Responsibility Report lately, highlighting its clean energy development with 104 of its subsidiaries recognized as Green Enterprise and an annual carbon emission reduction of 2.38 million tons.
"Sinopec fulfills our responsibility as a global corporate citizen. We align with the development trend of economic globalization and China's opening up, serving the 'Belt and Road' initiative and giving full play to oil and gas exploration and development, petroleum and petrochemical engineering services, chemical products, equipment and materials trade, warehousing investment and more to promote mutually beneficial cooperation with many countries and regions to serve the sustainable development of the global economy and society," said Ma Yongsheng, President of Sinopec.
Sinopec's steady development of clean energy is anchored in building the "No.1 hydrogen energy company in China", its annual hydrogen production capacity has exceeded 3.5 million tons, which accounted for 14 percent of the national total. Sinopec's Fuling shale gas field has an accumulative gas production of 45.4 billion cubic meters, and the company's geothermal heating capacity is now more than 80 million square meters.
Sinopec is also striving to become a practitioner of environmental protection, a driver of ecological civilization, and a constructor of a beautiful China with active carbon footprint research and continuous participation in carbon trading. In 2021, it has recorded 9.7 million tons in carbon trading volume with transaction value of 414 million yuan (US$ 61 million), and innovatively established the "Niukouyu Wetland "garden factory and "Egret Garden" green factory.
In supporting rural revitalization, Sinopec has offered partner assistance to promote sustainable development in eight counties and 616 villages, investing a total of 192 million yuan (US$ 28.29 million) with 940 personnel stationed in the villages.
To date, Sinopec's Lifeline Express program has assisted over 50,000 cataract patients, while its Drivers' Home program has established 2,178 homes for truck drivers and 3,520 "care stations". Sinopec is also actively engaged in poverty alleviation and invested a total of 192 million yuan (US$ 28.29 million) in 2021 to support poverty-stricken areas.
For more information, please visit Sinopec.
SOURCE SINOPEC
Get a daily dose of Sydney Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sydney Sun.
More InformationNEW YORK, New York - There was a major bust on Wall Street on Tuesday as investors continued to fret ...
DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...
TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...
WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...
NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...
WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...
BEIJING, China: A respected Uyghur scholar, known for her extensive work in studying Uyghur folklore and traditions, has been sentenced ...
BEIJING, China: Local authorities said a fire at the Shanjiaoshu coal mine in Guizhou province, southern China, killed 16 people ...
MADISON, Wisconsin: Last week, five flamingos were seen along a Lake Michigan beach in Wisconsin, attracting a large crowd of ...
LONDON, UK: The UK government said over the weekend that it could downscale the scope of the High Speed 2 ...
LAHAINA, Hawaii: This week, officials are expected to begin lifting restrictions on entry to the burn zone in Lahaina, Hawaii, ...
LONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...