Sustainability & Environment

Land Resource Protection and Ecological Restoration

The Company places great importance on land resource protection and has strictly implemented China’s arable land protection system and land conservation policies. The Company formulates regulations such as Measures for Land Management, Rules for Temporary Land Use Management, Rules for Acquiring New Construction Land, and Rules for Land Use and Protection. These land reclamation policies cover all the Company’s domestic operation sites. In addition, the Company develops land restoration schemes together with the local government. All the Company’s overseas operation sites will strictly abide by the policies and regulations of the countries or regions where they are located. We clarified the requirements for the sustainable use of land resources. These include planning, controlling development, revitalising existing land resources, optimising land structure, land restoration, and land withdrawal. This ensures that our operations develop sustainably, with minimal land use and an optimal structure, while striving to achieve a harmonious balance among oil and gas resources, land resources, and environmental resources. According to the principle of “farming where suitable, planting forests and grassland where suitable, and carrying out construction where suitable”, we restore temporary or construction lands that are no longer in use in our production activities to their original or usable states. This is achieved through measures such as topsoil removal, land clearing, levelling, re-ploughing, soil fertilisation, and vegetation restoration. After reclamation and restoration, we promptly submit the work to the relevant local government departments for verification and acceptance. The lands are then transferred back to the original owners for their use in a timely manner. Our target for land use is to achieve 100% restoration of recoverable land. The Company has reduced soil erosion caused by oil and gas exploration and development by carrying out vegetation restoration, ecological reconstruction, and other remedial measures in a timely manner. This has curbed the degradation of the ecological system at oil sites and the desertification of land caused by wind erosion, improved land use structure, increased land productivity and vegetation coverage, and facilitated the synergistic development of local agriculture and forestry.

Sustain & Growth

We adhere to the supplier management philosophy of "global sourcing, open cooperation, resource sharing, and mutual benefit", and uphold the principle of "compliance and dynamic management". We focus on the development of the supply chain management system, formulate and continuously improve relevant systems such as the Regulations on Material Supply Management and the Measures for Material Supplier Management, together with supporting implementation plans and standards, thereby continuously strengthening the supplier compliance management.

Information Security Management

The Company has established information security and cybersecurity management measures, and continuously enhances its security system by applying technologies such as data storage encryption, transmission encryption, data flow monitoring, and backup and recovery to safeguard data integrity and security. As reliance on information systems grows, availability risks have become increasingly significant. To address such risks, we have formulated a business continuity plan and developed systems covering network security domains, desktop security management, identity and access management, cloud security protection, and mobile security defense. These system provide authentication, protection, and monitoring support for critical business information systems to ensure business continuity and stability.