The UN Global Compact Network China Annual Conference was held in Beijing on January 10, 2015. The election of Global Compact China Best Practices was based on the successful experiences in 2012 and 2013. After self-recommendation by enterprises and strict expert panel review, 24 Global Compact China Best Practices 2014 in 4 categories were awarded. Sinopec’s “Clear Water, Blue Sky” project was announced as the Best Practice of Climate Caring and Environmental Protection.
Sinopec announced on July 30, 2013 to carry out the “Clear Water, Blue Sky” project from 2013 to 2015, earmarking RMB 22.87 billion of investment in the three-year program to implement 803 comprehensive environmental improvement items. It is the largest environmental management operation in the history of Sinopec, and so far the most intensive one-off investment specially for environmental management with the widest scope by a Chinese enterprise.