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NINGBO, China, Oct. 31, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") and BASF jointly declared the alignment on the core requirements of carbon footprint accounting methods and reached framework-based mutual recognition of methodologies at the 2025 China International Petroleum and Chemical Conference (CPCIC 2025) hosted from October 22 to 24 in Ningbo.
The consensus, as a corporate example for China's push to achieve international convergence and mutual recognition of product carbon footprints, marks a key step in low-carbon transformation cooperation between Chinese and German chemical enterprises, taking the lead in establishing mutual trust in product carbon footprint data between Chinese and foreign companies.
Sinopec and BASF jointly commissioned globally leading third-party certification body TÜV Rheinland to conduct a consistency review of both parties' methodologies. After multiple rounds of evaluations, TÜV Rheinland confirmed that both methodologies comply with international standard ISO14067:2018 and China national standard GB/T 24067–2024, and remain consistent in core elements. A formal consistency statement was issued, leading both parties to a mutual recognition consensus for their product carbon footprint accounting methods.
This move will significantly enhance the comparability and transparency of carbon footprint data across regions and value chains, improve data utilization efficiency, promote coordinated carbon reduction in the industry chain, and contribute to the green, high-quality development of both enterprises and the wider industry.
Sinopec has been at the forefront product carbon footprint management. In 2015, it was China's first to launch research on product carbon footprint accounting, initially developing a methodological framework for petrochemical products. In 2023, Sinopec achieved China's first automated carbon footprint accounting for petroleum and chemical products.
In 2024, together with CNPC, CNOOC, PipeChina, and four other enterprises, it initiated and formed China's first Carbon Footprint Alliance for the energy and chemical industry chain, working collaboratively to reduce emissions across the supply chain.
Since 2021, China has been gradually building a carbon footprint management system and exploring the establishment of standards for products' full life-cycle carbon footprint, with the goal of preliminarily establishing such a system by 2027 and publishing national product carbon footprint accounting general standards in line with international practice.
NINGBO, China, Oct. 31, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") and BASF jointly declared the alignment on the core requirements of carbon footprint accounting methods and reached framework-based mutual recognition of methodologies at the 2025 China International Petroleum and Chemical Conference (CPCIC 2025) hosted from October 22 to 24 in Ningbo.
The consensus, as a corporate example for China's push to achieve international convergence and mutual recognition of product carbon footprints, marks a key step in low-carbon transformation cooperation between Chinese and German chemical enterprises, taking the lead in establishing mutual trust in product carbon footprint data between Chinese and foreign companies.
Sinopec and BASF jointly commissioned globally leading third-party certification body TÜV Rheinland to conduct a consistency review of both parties' methodologies. After multiple rounds of evaluations, TÜV Rheinland confirmed that both methodologies comply with international standard ISO14067:2018 and China national standard GB/T 24067–2024, and remain consistent in core elements. A formal consistency statement was issued, leading both parties to a mutual recognition consensus for their product carbon footprint accounting methods.
This move will significantly enhance the comparability and transparency of carbon footprint data across regions and value chains, improve data utilization efficiency, promote coordinated carbon reduction in the industry chain, and contribute to the green, high-quality development of both enterprises and the wider industry.
Sinopec has been at the forefront product carbon footprint management. In 2015, it was China's first to launch research on product carbon footprint accounting, initially developing a methodological framework for petrochemical products. In 2023, Sinopec achieved China's first automated carbon footprint accounting for petroleum and chemical products.
In 2024, together with CNPC, CNOOC, PipeChina, and four other enterprises, it initiated and formed China's first Carbon Footprint Alliance for the energy and chemical industry chain, working collaboratively to reduce emissions across the supply chain.
Since 2021, China has been gradually building a carbon footprint management system and exploring the establishment of standards for products' full life-cycle carbon footprint, with the goal of preliminarily establishing such a system by 2027 and publishing national product carbon footprint accounting general standards in line with international practice.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sinopec and BASF Mutually Recognize Product Carbon Footprint Accounting Methods, Sets New Benchmark for Industry Standardization
The Initiative Aims to Address the Pain Points of Family Filmmaking
BEIJING, Dec. 13, 2025 /PRNewswire/ -- On December 6th, the 3rd FamilyLens International Film Festival opened in Beijing. SmallRig, a global specialized provider of imaging solutions, collaborating with FamilyLens, is empowering family filmmaking through various initiatives, including the Family Filmmaking Co-Creation Initiative, a dedicated family filmmaking kit, and a social impact screening program.
Deepening the "Co-Creation Initiatives"
The Co-Creation Initiatives are a series of global creative initiatives open to filmmakers and image creators worldwide. Through deep collaboration across multiple dimensions — including product co-creation, discovery and promotion, and content co-creation — SmallRig aims to expand the boundaries of mobile filmmaking and bring the spirit of Free Your Dream to life with creators everywhere.
Following the launch of the Mobile Filmmaking Co-Creation Initiative at the 14th International Smartphone Film Festival, SmallRig announced the launch of the Family Filmmaking Co-Creation Initiative on December 6th at the 3rd FamilyLens International Film Festival. The initiative invites global creators and every family to participate, focusing on three core directions: product co-creation, work promotion, and content co-creation, to explore the possibilities of family filmmaking for everyone.
Mr. Zhou Yang, Founder and CEO of SmallRig, shared the inspiration for the initiative: "The initiative is rooted in the immense universality and profound emotional depth inherent in family narratives, which serve as a common emotional bond connecting global audiences. We firmly believe that in this era, where everyone can be a content creator, every family can and should film their own story. The instinct to create is deeply embedded in the human spirit, and every home is the origin of countless narratives."
Gu Xue, Founder and Director of the FamilyLens International Film Festival, stated: "We hope that people and practitioners around the world who care about family movies can find suitable solutions and gain insights from the Co-Creation Initiatives. We look forward to more and more people exploring the field of 'Home' together through this initiative."
To address the pain points of family filmmaking, SmallRig officially released the SmallRig Family Filmmaking Kit at the opening ceremony. The kit includes a high-quality microphone, fill light, and a portable tripod, specifically designed to achieve "professional function democratization" and "complex feature simplification." During the FamilyLens Workshop, attendees experienced the convenience of the equipment firsthand. Many expressed that the kit truly solves many problems, enabling ordinary families to complete necessary filming without specialized photography knowledge.
Social Impact Screening Program
The 3rd FamilyLens International Film Festival is open to the public from December 6th to 14th. The festival opened with the screening of well-received documentary: K-Family Affairs. In addition to the competition section, the festival features several distinctive sections, including the Reframing Home Movies— An Italian Retrospective, Youth Film Program, Filmmaker in Focus, and the Social Impact Program. Four major awards, such as the Real-Life Portrait Award and the Artistic Exploration Award, will also be presented.
As a key component of the Co-Creation Initiatives, the SmallRig Image Development Fund partnered with the FamilyLens International Film Festival to curate the "Social Impact Screening Program." This unit focuses on elevating awareness of critical issues within the family unit, advocating for a new reflection: "Starting with Seeing, Concluding with Understanding."
Arum Nam, Director of K-Family Affairs, stated:
"Starting with the stories of your family, your friends, and yourself, I believe this personal narrative can connect directly to the bigger society."
SmallRig believes that truly meaningful social impact storytelling stems from awareness in proximity—achieved by using the lens to penetrate the daily surface and enabling a deep, empathetic "Seeing with Empathy."
The four featured works in this unit are:
- People of the Ascent
- Granny's Lost and Found
- Ruixi at Fourteen
- No Country For My Maternal Grandma
These films highlight four family issues that require "seeing": the yearning of left-behind children, the mental isolation of Alzheimer's patients, the elderly searching for subjectivity in their drifting lives, and the emotional volatility and struggle of Bipolar Disorder.
Strategic Outlook and Future Expansion
SmallRig will continue to support the Family Filmmaking Co-Creation Initiative's deep development through promotional campaigns and practical workshops focused on family movie scenarios.
The overall goal of SmallRig's Global Co-creation Initiative is to continuously explore and meet the growing, diverse needs of global creators across different vertical domains. SmallRig is committed to persistently expanding the co-creation model into more imaging sectors, collaborating with industry partners to push the boundaries of imaging and grant global creators broader creative freedom.
About SmallRig
Founded in 2013, SmallRig is an innovation-driven global company that designs and manufactures comprehensive support solutions and accessories for all content creation needs. Trusted by over four million creators globally, SmallRig pioneered the User Co-creation Design (UCD) philosophy and the DreamRig Program.
For more information, visit: www.smallrig.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival
SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival
SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival
