Sinopec and Tsinghua University Join Forces to Unveil the Future of Carbon Neutrality, 2024 Forum Reveals New Blueprint for "Dual Carbon" Action

China Petroleum and Chemical Corporation Limited (HKG: 0386, "Sinopec") and the prestigious Tsinghua University have jointly kicked off the 2024 Tsinghua University Carbon Neutral Economy Forum in the ancient yet modern city of Beijing. The forum brought together many well-known experts and scholars from home and abroad, who had in-depth and heated discussions on core issues such as green energy, technological innovation and mutually beneficial cooperation, jointly explored feasible paths for low-carbon transition, and looked forward to broad prospects for green development.

Mr. Ma, Chairman of Sinopec, delivered an important speech at the forum. He stressed: "Sinopec is vigorously implementing the green and low-carbon development strategy with unprecedented determination and strength. We have developed a detailed action plan to achieve our carbon peak target, and in the process continue to promote the clean use of fossil fuels and clean energy operations at scale. At the same time, we are actively exploring the decarbonization of the entire production process to reduce carbon emissions at the source." Mr. Ma further pointed out, "We know that the green and low-carbon industry is one of the most promising areas in the next three decades. Relying on technological innovation and the ecosystem built with partners, Sinopec will actively lead the development trend of the industry and become a pioneer in promoting green and low-carbon transition."

In his speech, Professor Li Luming, President of Tsinghua University, spoke highly of the important role of universities in the implementation of the "dual carbon" strategy. "As a key hub connecting primary productive forces, human resources and innovative activities, universities shoulder an important mission in promoting green and low-carbon development," he said. Tsinghua University will actively respond to the call of the state, give full play to its advantages in personnel training, scientific research and social services, and contribute wisdom and strength to the realization of the "double carbon" goal." "Looking to the future, Tsinghua University will further deepen the reform of education and teaching and the construction of scientific research and innovation mechanisms, strengthen exchanges and cooperation with all sectors of society, and jointly promote the research and development and application of green and low-carbon technologies," Li said.

It is worth mentioning that the "Carbon Neutral Ecological Partnership Program" jointly initiated by Sinopec and Tsinghua University was officially launched at the forum site. The program aims to promote school-enterprise cooperation and deep integration of industry-university-research by building a multi-disciplinary and cross-field cooperation platform. According to reports, the "Carbon Neutral Ecological Partnership Program" will rely on Tsinghua University's strong scientific research strength and talent advantages as well as Sinopec's rich industrial resources and market experience, and jointly cultivate carbon neutral leading talents with international vision, innovative spirit and practical ability. At the same time, the plan will also provide scientific basis and technical support for policy formulation, promote the coordinated development of upstream and downstream industrial chains, and provide a strong guarantee for achieving carbon neutrality.

In addition, the Forum invited a number of guests from government, business and academia to deliver speeches and conduct roundtable dialogues. They conducted in-depth discussions and exchanges on hot topics such as green energy technology, carbon trading market construction, and green finance policies. The participants said that the forum not only provided a valuable platform for all parties to exchange ideas and share experience, but also injected new impetus and vitality into promoting green and low-carbon development.

The successful holding of the Tsinghua University Carbon Neutral Economy Forum in 2024 marks a solid step on the road of green and low-carbon development in China. In the future, we look forward to more enterprises and universities like Sinopec and Tsinghua University going hand in hand to seek common development and contribute China's wisdom and strength to promoting the global green and low-carbon transition.