Sinopec Issues Green Bonds for First Time
Click:26    DateTime:May.07,2021

Sinopec Group recently issued green bonds – three-year equity-funded carbon neutral bonds with a size of RMB1.1 billion. It is the first time that a domestic oil and gas enterprise issues carbon neutral bonds, money raised through which will be used in the group’s more than 70 new energy projects related to photovoltaic power generation, wind power generation, geothermal heating, etc. Each year, these projects will save standard coal of 156 200 tons, and reduce emissions of carbon dioxide by 362 800 tons, sulfur dioxide by 93.35 tons, nitrogen oxides by 98.07 tons and soot by 18.68 tons.