ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
ABOUT THIS REPORT
This report illustrates activities the Company undertook in 2020 pursuant to its ongoing commitment to advance the community, the economy and the environment, with the time span ranging from January 1, 2020 to December 31, 2020. For continuity and comparability, this report provides explanations on past and future initiatives on certain issues. All information disclosed in this report was sourced from PetroChina's official documents and statistics as well as statistics gathered from the Company's affiliated enterprises. It takes into account the Company's development priorities and stakeholder concerns. The relevant data of the report covers the Company and its wholly-owned and holding subsidiaries. All information has been reviewed in accordance with the Company's Rules for Information Disclosure Control and Disclosure Procedures. This report has been reviewed and approved by the Board on March 24, 2021.
This report includes a set of Forward-Looking Statements. Excluding historical facts, all events that may or will occur (including, but not limited to, premise, objectives, estimation and business plans) and descriptions of such events are categorized as Forward-Looking Statements. Due to the presence of external uncertainties, actual outcomes or the future climate may differ from those expressed in the Forward-Looking Statements. As the Forward-Looking Statements were made prior to December 31, 2020, PetroChina holds no responsibility or liability for any modifications made subsequent to the said date.
This report is published in simplified Chinese, traditional Chinese and English. In the case of any discrepancy, the version in simplified Chinese shall act as the lead publication. As a member of the United Nations Global Compact (UNGC), we report our progress in compliance with the Ten Principles and Sustainable Development Goals and will submit the report to be posted on UNGCs website (http://www.unglobalcompact.org).
The Board and all the Company's directors hereby certify that there are no misrepresentations, misleading statements or material omissions in this report. Furthermore, we jointly and severally accept full responsibility for the truthfulness, accuracy and completeness of this report.
For more information, please see the Company's websitewww.petrochina.com.cnor download the electronic version of this report.
Note: In 2020, the Company restructured its pipeline business, and sold its major oil and gas pipelines, some gas storage facilities, LNG terminals and initial oil and gas and other related assets to PipeChina. is report does not cover the pipeline company and businesses that have been sold.
ABOUT THIS REPORT Inside front cover
ABOUT US 02
PETROCHINA AND THE 2030 SUSTAINABLE DEVELOPMENT
GOALS OF THE UN 04
MESSAGE FROM THE CHAIRMAN 06
PERFORMANCE DATA 73
OBJECTIVES AND PLANS 75
TCFD RECOMMENDATIONS INDEX 76
GLOBAL COMPACT AND US 77
GRI, IPIECA/API AND HKEX INDEX 78
APPROACH TO AND PRINCIPLES
OF REPORTING 80
CHAPTER 1 CORPORATE GOVERNANCE
10 SUSTAINABILITY MANAGEMENT
11 GOVERNANCE FRAMEWORK
13 MANAGEMENT SYSTEM
15 SUPPLY CHAIN MANAGEMENT
16 COMMUNICATING AND INTERACTING WITH STAKEHOLDERS
CHAPTER 2 ENERGY AND THE ENVIRONMENT
22 ENERGY TRANSITION
24 TOPIC: DIGITALIZATION AND INTELLIGENTIZATION EMPOWERMENT FOR TRANSITIONAL DEVELOPMENT
26 RESPONSE TO CLIMATE CHANGE
33 DEVELOPING CLEAN ENERGY
37 ECOLOGICAL PROTECTION
CHAPTER 3 EMPLOYEE DEVELOPMENT AND INTERESTS
CHAPTER 4 SOCIAL CONTRIBUTION
60 TARGETED POVERTY ALLEVIATION
61 TOPIC: POVERTY ALLEVIATION AND PROMOTION OF INCLUSIVE AND EQUITABLE DEVELOPMENT
64 WIN-WIN COOPERATION
65 TOPIC: CONCERTED EFFORTS TO FIGHT AGAINST THE OUTBREAK OF COVID-19 AND OVERCOME DIFFICULTIES
68 OVERSEAS COMMUNITY CONSTRUCTION
70 CUSTOMER SERVICE
PetroChina Company Limited (hereinafter referred to as "the Company", "we" or "us") is a joint stock limited company incorporated on November 5, 1999, upon the restructuring of China National Petroleum Corporation (CNPC). PetroChina was listed on the NYSE (ADS code: PTR) and the HKEX (stock code: 857) respectively in April 2000, and on the Shanghai Stock Exchange (stock code: 601857) in November 2007.
PetroChina is one of the major oil and gas producers and distributors in China, and also a significant player in the global oil and gas industry. It engages in a wide range of activities related to oil and natural gas and sustainably provides energy and oil products for economic and social development. We are also committed to building a harmonious relationship between energy, the environment and society.
China Securities Golden
Excellent Listed Company at 30th Anniversary of the
Annual Excellent CEO of the
Annual Excellent CFO of the
Corporate Governance Asia
Asia Excellence Award Best
CFO of Asia
Best Investors Relations
Best Investor Relations
Most Honored Companies
(Oil & Gas Industry)
Asian Oil & Gas Industry
"Best Investor Relations
"Best Investor Relations Team" "Best Investor Relations Event"
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