PetroChina Highlights 2025 ESG Achievements: Record Low Emissions, RMB 41.46 Billion New-Energy Spend

Bulletin Express
Mar 29

PetroChina’s 2025 Environmental, Social and Governance (ESG) Report outlines a decisive shift toward green, low-carbon development, backed by the strongest investment cycle in its history and measurable gains in safety, emissions control and community impact.

Key financial and environmental metrics • ESG capex in new energy and new materials grew 72.40 % year-on-year to RMB 41.46 billion, pushing wind-solar installed capacity beyond 17 GW and lifting annual generation 68.00 % to 7.93 billion kWh. • Total Scope 1 and Scope 2 greenhouse-gas emissions fell 3.42 % to 164.62 million tCO₂e; methane-emission intensity improved to 0.25 % versus 0.28 % in 2024. • Domestic natural-gas output reached 165.46 billion m³, raising gas to 55.30 % of total hydrocarbon output; CCUS projects injected 2.66 million t of CO₂, on track to hit the 3 million-t 2026 target. • Environmental-protection spending rose 19.10 % to RMB 3.56 billion; NOx and VOC emissions from refining dropped 3.13 % and 3.95 % respectively.

Supply-chain and product quality • ISO 9001-certified tier-1 manufacturers: 96.93 %; ISO 14001: 93.73 %; ISO 45001: 94.23 %. • Zero major product-safety recalls and a 100 % response rate to 281 customer complaints.

Workforce and safety • Headcount stood at 367,200; training coverage 100 % with an average 70.0 training hours per employee. • Workplace-fatality rate improved to 0.09 per 100 million work-hours; no major safety or environmental incidents recorded.

Community investment and governance • Public-welfare spending reached RMB 5.77 billion, including RMB 2.70 billion for rural revitalisation projects and RMB 1.14 billion for environmental programmes, benefiting more than nine million people. • Independent directors comprise 38.50 % of the board; PetroChina maintained an 11-year SSE “A” information-disclosure rating.

Outlook and targets • By 2026: annual CO₂ injection via CCUS to reach 3 million t; energy savings to exceed 520,000 t of standard coal; water savings to top 5.50 million m³. • By 2035: methane-emission intensity capped at 0.20 %.

The report confirms PetroChina’s commitment to align with Paris-Agreement temperature targets and China’s dual-carbon goals while pursuing shareholder value through disciplined ESG execution.

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