Summary by Moomoo AI
CHINA PETROLEUM CO., LTD. (HEREINAFTER REFERRED TO AS “CHINA PETROLEUM”) ISSUED ITS ANNUAL ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT FOR 2023 COVERING SUSTAINABILITY FROM 1 JANUARY TO 31 DECEMBER 2023. The report shows that the company has made significant progress in environmental protection, social responsibility, governance structures and more, and has received board approval. China Petroleum is actively implementing a green low-carbon transformation strategy, driving the development of new energy businesses and implementing a unified HSE management system globally. The company is committed to protecting and growing employees' interests and providing a healthy and safe working environment for employees through a diverse, equitable and inclusive corporate culture. In addition, China Petroleum promotes social development of the local economy and social development through welfare projects such as rural revitalization, education support, community building, and actively participates in Belt and Road construction, demonstrating corporate social responsibility.