Chairman’s Message


I feel very pleased to present CNPC Corporate Social Responsibility Report 2018. The year
2018 witnessed a slow recovery of the world economy,growing geopolitical uncertainties, and
sharply fluctuating international oil prices, as well as sluggish growth of domestic oil and gas
demand.

Figures in 2018

Assets
& Profits

Resources
Base

Oil & Gas
Production

Oil & Gas
Pipelines Network

Oil & Gas
Supply

CNPC registered total
assets of RMB
4.13246 trillion

In China, our newly added
proven oil in place totaled
633 million tons

Domestic and overseas oil
and gas production
amounted to 286.346
million tons of oil and gas
equivalent

CNPC operated oil and gas
pipelines with a total
mileage of 86,734
kilometers

Our domestic marketing
volume of natural gas
was 172.42 billion cubic
meters

International
Business

Technological
Progress

Progress
Development

Development
Welfare

Environmental
Protection

CNPC overseas
oil and gas operations
in 34 countries

Investment in technological
research and development
is 27,698 million RMB

We have a total of 1.448
million employees
and more than 84.4% of
our overseas employees
are local hires

We invested RMB 700
million in public welfare
undertakings globally

We saved energy
equal to 860,000 tons
of standard coal

                       

Special Report

Sustainable Energy Supply

● Energy and the Future
● Technology and Innovation
● Clean Energy
● Energy Cooperation

It is CNPC’s due responsibility and mission to meet energy challenges and satisfy the ever increasing demand for low carbon clean energy. To this end, we have enhanced technological innovation, laid a solid resource basis, continued to increase our efficiency in hydrocarbon development and utilization, and raised the proportion of clean energy such as natural gas in our energy supply, in order to make contributions to the construction of a stable, safe, clean and economical energy supply system and the prosperity of human society.

                       

Responsible Operation

We are always committed to the principle of “people-centered, quality foremost, safety first,
environment prioritized” to achieve “zero defects, zero injuries and zero pollution”.We regard
providing clean energy, minimizing environmental impact and reducing emissions as the
strategic foundation for the Company’s sustainable development.The Company continues to
improve the quality management of product and service,and promote safe,
environmentally-friendly and resource-saving operations, in order to promote the construction
of an ecological civilization and develop a resource-saving and environmentally-friendly
enterprise.

● Safe Operation
● Environmental Protection
● Climate Change
● Products and Services
● Supply Chain Management

                       

Employee Development

● Employees’ Rights and Interests
● Career Development Platform
● Local Hiring and Diversity
● Physical and Psychological Health
● Caring for Employees

Employees are our most valuable resource and asset, and the Company’s development and success are attributed to the joint efforts of all our employees. Upholding the people-oriented concept, we attach great importance to protecting employees’ legal rights and interests, build an effective platform for employees to develop, and promote employee localization and diversification. We care about the physical and psychological health and life of our staff, to make all employees benefit from our achievements and realize the common development of both our Company and employees.

                       

Public Welfare

We always adhere to combining our business growth with sustainable development of the host
countries in which we operate. We aim to become an outstanding business enterprise in the
host country by attaching importance to people’s livelihood and social progress, sharing
development opportunities and resources with the local community, actively participating in the
development of local community and promoting harmonious economic and social
development.

● Targeted Poverty Alleviation
● Supporting Education
● Promoting Local Development
● Cultrual Civilization
● Contributions to the Development of
   Overseas Communities

                       

Corporate Governance

Corporate Social Responsibility
Management

Communication with Stakeholders

CNPC is a solely state-owned enterprise.
According to laws and regulations such as
the Company Law of the PRC...

For a company, fulfilling corporate social
responsibility is not only a necessary path to
achieve economic, environmental and
social sustainability, but also an
inevitable choice for its own
sustainable development...

Stakeholders are the groups or individuals who are able to influence corporate decisions and
activities or are subject to influence from corporate decisions and activities...

                 
                                   
                        
                                
                 
           






China National Petroleum Corporation