CNPC: CNPC Awarded “Model Enterprise of the Year in Carbon Neutrality”

The 19th China Business Annual Meeting Week 2021 on Enterprise Competitiveness, hosted by China Business Journal, was held in Beijing on November 9-15. Given its outstanding performance in the coordinated development of new energy business and oil & gas business, CNPC was awarded “Model Enterprise of the Year in Carbon Neutrality” in the selection of “2021 Pioneer Enterprise in Carbon Neutrality in China”.

In response to “carbon peak” and “carbon neutrality” pledges of the Chinese government, CNPC integrated “green and low-carbon” into its corporate development strategies and initially established a three-step strategy, i.e. “clean alternative, strategic replacement and green development”. To do its part in carbon peak and carbon neutrality for the sustainable development of energy, environment, and society, the company is vigorously developing the natural gas business, accelerating the development of new energies, increasing the proportion of clean alternatives in production, reducing carbon emissions from the source, coordinating the integrated development of “oil, gas, heat, electricity and hydrogen”, and continuously raising the proportion of low-carbon and zero-carbon energy production and supply.