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Sinopec Receives CSR Award at Sino-European ESG Conference in Germany

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Sinopec Receives CSR Award at Sino-European ESG Conference in Germany
Business

Business

Sinopec Receives CSR Award at Sino-European ESG Conference in Germany

2026-07-01 21:38 Last Updated At:21:51

MAINZ, Germany--(BUSINESS WIRE)--Jul 1, 2026--

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

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260701696760/en/

The conference jury said Sinopec has developed a carbon management framework centered on product carbon footprint management, covering the full product life cycle while aligning with both Chinese and European standards. It cited the company’s work with German chemical producer BASF to achieve mutual recognition of carbon footprint accounting methodologies as a milestone that could support greener cooperation across international industrial supply chains.

According to the jury, Sinopec’s efforts span green energy supply, low-carbon technology development and supply chain carbon assessment, providing what it described as a practical example of ESG implementation in the global energy and chemicals sector.

A Sinopec representative delivered a keynote speech titled “Cleaner Energy, Better Life: Deepening China-Europe Green Cooperation for a Low-Carbon Future”, saying that green and low-carbon development has become a shared objective for countries worldwide.

“’Cleaner Energy, Better Life’ is both Sinopec’s roadmap for green development and our commitment to sustainable growth,” the representative said, adding that China and Europe have broad opportunities to expand cooperation in the low-carbon transition.

The representative also described the conference as an open platform that helps Chinese and European companies strengthen dialogue and cooperation on ESG and sustainable development.

According to Sinopec, carbon footprint management has become a key part of both its ESG strategy and its international business development.

The company has established a management system covering the entire product life cycle while integrating domestic and international standards. For example, the company’s collaboration with BASF aimed to improve the interoperability of carbon data between Chinese and European companies and facilitate cross-border industrial cooperation.

In addition, Sinopec said it has incorporated carbon footprint management into its procurement and supply chain operations by embedding low-carbon requirements throughout the sourcing process, with the goal of promoting greener supply chains and supporting the broader transition toward lower-carbon industrial development.

Huang Yiyang (L), Chinese Consul General in Frankfurt, presents the award to a representative of Sinopec.

Huang Yiyang (L), Chinese Consul General in Frankfurt, presents the award to a representative of Sinopec.

MEDORA, N.D. (AP) — President Donald Trump is visiting North Dakota on Wednesday to see the newly built Theodore Roosevelt Presidential Library, a massive facility exploring the life of America's 26th president. The 96,000-square-foot library is in the rugged, lonely landscape where the young Easterner built his conservation values while ranching and hunting in the 1880s.

Saturday's official opening coincides with July Fourth celebrations honoring the 250th anniversary of the signing of the Declaration of Independence.

Trump is coming early to see the $450 million project, a boost for Interior Secretary Doug Burgum, a former governor of North Dakota, while also bringing the nation's birthday festivities to a region synonymous with its westward expansion.

The Republican president made the trip aboard his new Air Force One, a Boeing 747 given to the United States by Qatar. Trump said he asked Boeing, which is set to deliver new planes for the president's service in 2028, if there were any counties that had potential substitutes in the interim.

“I said, ‘Who has the best one?’ They said, ‘Qatar," Trump said, adding that he was assured, "'There’s never been a plane like it.'”

All living presidents were invited to the grand opening of the library, which joins more than a dozen throughout the country examining the lives and legacies of U.S. presidents from Ronald Reagan in California to Franklin D. Roosevelt in New York and Herbert Hoover in Iowa. The Obama Presidential Center recently opened in Chicago, bringing together four former presidents for the occasion.

Trump will be the library’s first official visitor, according to the library's executive director, Robbie Lauf. Trump will speak at a nearby Western-themed amphitheater at an event run by Freedom 250, the Trump-created group billed as nonpartisan that he has tapped to organize the festivities he will participate in this week.

On Friday, the president plans to visit South Dakota’s Mount Rushmore for Independence Day fireworks, as he did in 2020.

Trump has often praised Roosevelt and has compared himself favorably to the late president. Trump began his second term last year by trumpeting construction of the Panama Canal during the Roosevelt administration.

Trump even said the U.S. might seek to take back the waterway from Panama to curb influence from China. That is a goal overshadowed by his suggestions that Washington might seize control of Greenland or that Canada could become America's 51st state.

In the run-up to staging a UFC fight on the White House lawn for his 80th birthday, Trump said he was aware of Roosevelt holding far lower-key boxing matches in the White House. Trump made no mention of Roosevelt having detached the retina of his left eye during one such sparring session.

The trip also underscores the president's esteem for Burgum, who has become a key face of and cheerleader for the president’s expansive renovation projects around Washington.

Roosevelt visited Dakota Territory in 1883 to hunt bison. On Valentine's Day the next year, his mother and wife died hours apart in the same house in New York.

Devastated, Roosevelt came to Dakota where he ranched cattle and hunted big game in the West during visits mostly from 1884 to 1887.

He underwent deep personal growth from his experiences, including chasing boat thieves down a river, standing up to a bully in a bar and working alongside cowboys who ridiculed him for wearing eyeglasses.

Roosevelt, who served as president from 1901 to 1909, later said he never would have been president were it not for his experiences in North Dakota.

Near the library is Theodore Roosevelt National Park. Visitors can hike trails and drive a scenic route through the colorful, rugged Badlands where bison and wild horses roam.

In 2019, Burgum championed the library to North Dakota's Republican-led legislature when he was governor, touting its tourism potential. The legislature approved a $50 million operations endowment, requiring library planners to raise $100 million in private donations, a goal met in 2020. Donations total about $354 million as of early 2026.

Donors include oil executive Harold Hamm, the Waltons of Walmart fame, Kenneth Griffin, founder and CEO of Citadel, a hedge fund, and Burgum himself.

Burgum also has lobbied for Roosevelt’s induction into the Pro Football Hall of Fame. Roosevelt became alarmed at the number of injuries and deaths of college football players and convened a 1905 White House meeting featuring the presidents of Harvard, Yale and Princeton to urge safety improvements. That helped sparked the founding of the NCAA, college’s sports governing body.

Visitors will learn about Roosevelt's conservation ideas and his Rough Riders regiment of the Spanish-American War, but also his “horrific comments” about Native Americans and other issues "that have obviously aged poorly," Lauf said.

Artifacts, many of them out of public view for decades, will tell Roosevelt's story. Visitors will see his Rough Riders uniform; the 1884 diary grieving his terrible loss; and the eyeglasses case, speech and shirt from the 1912 assassination attempt against him.

Organizers hope the library draws families and thousands of school children from the region, as well as some of the millions of motorists who travel to Yellowstone National Park and the Black Hills.

“It's a feature, not a bug, that we are in a county of 1,000 people and a town of 120,” Lauf said. “TR came here for that purpose.”

The Dakota Resource Council on Tuesday hosted several conservation leaders who criticized Burgum and Trump for policies they say contradict Roosevelt's conservation principles, such as cutting staff and budgets and prioritizing energy development on public lands.

Last year Burgum signed an order prioritizing the openness and accessibility of parks to the public amid the workforce cuts. He has compared America's public lands and natural resources to “assets” that should be responsibly developed to exert “energy dominance.”

Associated Press writers Will Weissert and Josh Boak in Washington contributed to this report.

President Donald Trump walks up the stairs of the newly designated Air Force One, a formerly Qatari-owned jumbo jet that has been converted into the official U.S. presidential aircraft, at Joint Base Andrews, Md., Wednesday, July 1, 2026, to attend the opening of the Theodore Roosevelt Presidential Library in Medora, N.D. (AP Photo/Luis M. Alvarez)(AP Photo/Luis M. Alvarez

President Donald Trump walks up the stairs of the newly designated Air Force One, a formerly Qatari-owned jumbo jet that has been converted into the official U.S. presidential aircraft, at Joint Base Andrews, Md., Wednesday, July 1, 2026, to attend the opening of the Theodore Roosevelt Presidential Library in Medora, N.D. (AP Photo/Luis M. Alvarez)(AP Photo/Luis M. Alvarez

President Donald Trump speaks to reporters before boarding Air Force One, Wednesday, July 1, 2026, at Joint Base Andrews, Md. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump speaks to reporters before boarding Air Force One, Wednesday, July 1, 2026, at Joint Base Andrews, Md. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump, from right, and Interior Secretary Doug Burgum tour the East Potomac Park golf course, Sunday, June 28, 2026, in Washington. (AP Photo/Mark Schiefelbein)

President Donald Trump, from right, and Interior Secretary Doug Burgum tour the East Potomac Park golf course, Sunday, June 28, 2026, in Washington. (AP Photo/Mark Schiefelbein)

President Donald Trump speaks before signing a presidential memo to the EPA on pollution control in vehicles, in the Oval Office of the White House, Monday, June 29, 2026, in Washington. (AP Photo/Jacquelyn Martin)

President Donald Trump speaks before signing a presidential memo to the EPA on pollution control in vehicles, in the Oval Office of the White House, Monday, June 29, 2026, in Washington. (AP Photo/Jacquelyn Martin)

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