Deepening CSR
integration

To ensure CSR philosophy to be part of management and operation, Sinopec, based on China's macro policies, CSR standards at home and abroad, the Company's development strategies and plans, CSR issues in the energy and oil & gas industries, and social-wide concerns, has summarized 20 key CSR issues, combined them with the functions of affiliated enterprises (units) and applied them to specific workflows. Sinopec focuses on CSR practice in five aspects, i.e. energy & chemicals, green and low-carbon operation, collaboration with partners, support for the society, and overseas CSR performance, and works with stakeholders to create economic, social and environmental values and achieve sustainable development.

To improve CSR management, Sinopec formulated and issued the CSR Management Measures (2022), which expressly define CSR management and related responsibility, planning, capacity building, communication management and results assessment, so as to make CSR work more institutionalized and standardized. Also, Sinopec carried out CSR improvement projects, implemented the requirements of SASAC on central enterprise CSR, geared up to the practice of world-class enterprises, and further improved CSR management.