China Petroleum & Chemical Corp. (Sinopec) was awarded the Corporate Social Responsibility Best Practice Award at the 3rd Sino -European Conference on Corporate ESG Best Practices, held in Mainz, Germany, for its case study on carbon footprint management and low-carbon development.

The conference jury stated that Sinopec has developed a carbon management framework focused on managing the carbon footprint of its products, covering the entire product life cycle, while aligning with both Chinese and European standards. The jury cited the company's efforts with German chemicals manufacturer BASF to achieve mutual recognition of carbon footprint quantification methodologies as a step that could foster more sustainable collaboration in international industrial supply chains.

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Contacts
Sino-European Conference on Corporate ESG Best Practices
info@cneuesg.com

 

Source: businesswire.com

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