CINXE.COM
ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+
<!doctype html><!--[if IE]><html lang="en" class="no-js ie"><![endif]--><!--[if !IE]><!--><html lang="en" class="no-js"><!--<![endif]--><head><meta charset="utf-8"><meta http-equiv="x-ua-compatible" content="ie=edge"><meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no, minimum-scale=1"><meta name="HandheldFriendly" content="True"><!-- Google Tag Manager --><script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-M4G8LWJ');</script><!-- End Google Tag Manager --><link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="/assets/webfonts/opensans-regular.woff2" /><title>ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+</title><meta name="description" content="This case study looks at how Sinopec is aiming to establish itself as a "clean, low-carbon and industry-leading" company through investor engagement."><meta name="url" content="https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/"><link href="https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/" rel="canonical"><meta property="og:title" content="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+"><meta property="og:description" content="This case study looks at how Sinopec is aiming to establish itself as a "clean, low-carbon and industry-leading" company through investor engagement."><meta property="og:image" content="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash.jpg"><meta property="og:url" content="https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/"><meta name="twitter:title" content="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+"><meta name="twitter:description" content="This case study looks at how Sinopec is aiming to establish itself as a "clean, low-carbon and industry-leading" company through investor engagement."><meta name="twitter:image" content="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash.jpg"><meta name="twitter:card" content="summary_large_image"><meta name="apple-mobile-web-app-capable" content="yes"><meta name="apple-mobile-web-app-status-bar-style" content="black-translucent"><meta name="apple-mobile-web-app-title" content="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+"><link rel="apple-touch-icon" sizes="180x180" href="/assets/images/apple-touch-icon.png"><meta name="mobile-web-app-capable" content="yes"><meta name="theme-color" content="#FAA61A"><link rel="manifest" href="/assets/images/manifest.json"><link rel="icon" type="image/png" href="/assets/images/favicon-32x32.png" sizes="32x32"><link rel="icon" type="image/png" href="/assets/images/favicon-16x16.png" sizes="16x16"><link rel="mask-icon" href="/assets/images/safari-pinned-tab.svg" color="#FAA61A"><link rel="shortcut icon" href="/assets/images/favicon.ico"><meta name="msapplication-config" content="/assets/images/browserconfig.xml"><link href="/assets/css/style.css" rel="stylesheet" media="screen"><link href="/assets/css/print.css" rel="stylesheet" media="print"><!-- The SEO Framework by Sybre Waaijer --><meta name="robots" content="max-snippet:-1,max-image-preview:standard,max-video-preview:-1" /><link rel="canonical" href="https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/" /><meta name="description" content="Background In September 2020, China announced its ’30·60′ decarbonisation goal, aiming to reach the peak of carbon emissions by 2030 and achieve carbon…" /><meta property="og:type" content="article" /><meta property="og:locale" content="en_GB" /><meta property="og:site_name" content="Climate Action 100+" /><meta property="og:title" content="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA’S STATE-OWNED ENTERPRISES (SOES)" /><meta property="og:description" content="Background In September 2020, China announced its ’30·60′ decarbonisation goal, aiming to reach the peak of carbon emissions by 2030 and achieve carbon neutrality by 2060. In March, Sinopec…" /><meta property="og:url" content="https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/" /><meta property="og:image" content="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash.jpg" /><meta property="og:image:width" content="2500" /><meta property="og:image:height" content="1667" /><meta property="article:published_time" content="2023-11-22T11:25:01+00:00" /><meta property="article:modified_time" content="2023-11-22T12:16:05+00:00" /><meta name="twitter:card" content="summary_large_image" /><meta name="twitter:title" content="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA’S STATE-OWNED ENTERPRISES (SOES)" /><meta name="twitter:description" content="Background In September 2020, China announced its ’30·60′ decarbonisation goal, aiming to reach the peak of carbon emissions by 2030 and achieve carbon neutrality by 2060. In March, Sinopec…" /><meta name="twitter:image" content="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash.jpg" /><script type="application/ld+json">{"@context":"https://schema.org","@graph":[{"@type":"WebSite","@id":"https://www.climateaction100.org/#/schema/WebSite","url":"https://www.climateaction100.org/","name":"Climate Action 100+","inLanguage":"en-GB","potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://www.climateaction100.org/search/{search_term_string}/"},"query-input":"required name=search_term_string"},"publisher":{"@type":"Organization","@id":"https://www.climateaction100.org/#/schema/Organization","name":"Climate Action 100+","url":"https://www.climateaction100.org/"}},{"@type":"WebPage","@id":"https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/","url":"https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/","name":"ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA’S STATE-OWNED ENTERPRISES (SOES) - Climate Action 100+","description":"Background In September 2020, China announced its ’30·60′ decarbonisation goal, aiming to reach the peak of carbon emissions by 2030 and achieve carbon…","inLanguage":"en-GB","isPartOf":{"@id":"https://www.climateaction100.org/#/schema/WebSite"},"breadcrumb":{"@type":"BreadcrumbList","@id":"https://www.climateaction100.org/#/schema/BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":"https://www.climateaction100.org/","name":"Climate Action 100+"},{"@type":"ListItem","position":2,"item":"https://www.climateaction100.org/news/","name":"Archives: News"},{"@type":"ListItem","position":3,"name":"ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA’S STATE-OWNED ENTERPRISES (SOES)"}]},"potentialAction":{"@type":"ReadAction","target":"https://www.climateaction100.org/news/enhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes/"},"datePublished":"2023-11-22T11:25:01+00:00","dateModified":"2023-11-22T12:16:05+00:00"}]}</script><!-- / The SEO Framework by Sybre Waaijer | 18.48ms meta | 7.25ms boot --><script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/www.climateaction100.org\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.6.2"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script><style id='wp-emoji-styles-inline-css' type='text/css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style><link rel='stylesheet' id='wp-block-library-css' href='https://www.climateaction100.org/wp-includes/css/dist/block-library/style.min.css?ver=6.6.2' type='text/css' media='all' /><style id='classic-theme-styles-inline-css' type='text/css'> /*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} </style><style id='global-styles-inline-css' type='text/css'> :root{--wp--preset--aspect-ratio--square: 1;--wp--preset--aspect-ratio--4-3: 4/3;--wp--preset--aspect-ratio--3-4: 3/4;--wp--preset--aspect-ratio--3-2: 3/2;--wp--preset--aspect-ratio--2-3: 2/3;--wp--preset--aspect-ratio--16-9: 16/9;--wp--preset--aspect-ratio--9-16: 9/16;--wp--preset--color--black: #000000;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #ffffff;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 13px;--wp--preset--font-size--medium: 20px;--wp--preset--font-size--large: 36px;--wp--preset--font-size--x-large: 42px;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);}:where(.is-layout-flex){gap: 0.5em;}:where(.is-layout-grid){gap: 0.5em;}body .is-layout-flex{display: flex;}.is-layout-flex{flex-wrap: wrap;align-items: center;}.is-layout-flex > :is(*, div){margin: 0;}body .is-layout-grid{display: grid;}.is-layout-grid > :is(*, div){margin: 0;}:where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;}:where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;} :where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;} :where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;} :root :where(.wp-block-pullquote){font-size: 1.5em;line-height: 1.6;} </style><link rel='stylesheet' id='page-list-style-css' href='https://www.climateaction100.org/wp-content/plugins/page-list/css/page-list.css?ver=5.6' type='text/css' media='all' /><link rel='stylesheet' id='ca100_theme-css' href='https://www.climateaction100.org/wp-content/themes/ca100/assets/css/style.css?ver=1.0' type='text/css' media='screen' /><link rel='stylesheet' id='ca100_theme_base-css' href='https://www.climateaction100.org/wp-content/themes/ca100/style.css?ver=1.0' type='text/css' media='screen' /><link rel='stylesheet' id='ca100_theme_print-css' href='https://www.climateaction100.org/wp-content/themes/ca100/assets/css/print.css?ver=1.0' type='text/css' media='print' /><link rel='stylesheet' id='tablepress-default-css' href='https://www.climateaction100.org/wp-content/plugins/tablepress-premium/css/build/default.css?ver=2.4' type='text/css' media='all' /><script type="text/javascript" src="https://ajax.googleapis.com/ajax/libs/jquery/3.3.1/jquery.min.js?ver=3.1.1" id="jquery-js"></script><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://www.climateaction100.org/xmlrpc.php?rsd" /><link rel="alternate" title="oEmbed (JSON)" type="application/json+oembed" href="https://www.climateaction100.org/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.climateaction100.org%2Fnews%2Fenhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes%2F" /><link rel="alternate" title="oEmbed (XML)" type="text/xml+oembed" href="https://www.climateaction100.org/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.climateaction100.org%2Fnews%2Fenhancing-collaborative-engagement-with-chinas-state-owned-enterprises-soes%2F&format=xml" /><style> /* If there is a fixed header */ .header { position: absolute; top: auto; } .main { padding: 0; } /* Alert banner styling */ .alert-banner { display: none; background-color: #000000; color: #FFFFFF; left: 0; margin-top: 0; padding: 2rem 1rem 0.8rem; position: relative; text-align: center; top: 0; width: 100%; z-index: 9999; } .alert-banner * { margin-top: 0; } .alert-banner.red { background-color: #F44336; } .alert-banner.orange { background-color: #FF5722; color: #000000; } .alert-banner.yellow { background-color: #FFEB3B; color: #000000; } .alert-banner h3 { font-size: 1.2em; padding-bottom: 0.5rem; } .alert-banner p { margin: 0 auto; padding: 0; width: 90%; } .alert-banner p a { font-weight: bold; text-decoration: underline; } .close-icon { border: solid 2px #FFFFFF; color: #FFF; border-radius: 100%; display: block; font-family: sans-serif; font-size: 1.5em; font-weight: bold; height: 30px; line-height:26px; margin: 1rem auto; text-align: center; width: 30px; } @media screen and (min-width: 960px) { .alert-banner { padding: 0.8rem 1rem; } .alert-banner p { padding: 0 2.5rem; width: 70%; } .close-icon { margin: 0; position: absolute; right: 2rem; top: 50%; transform: translate(0, -50%); } } </style><link rel="icon" href="https://www.climateaction100.org/wp-content/uploads/2024/04/favicon.ico" sizes="32x32" /><link rel="icon" href="https://www.climateaction100.org/wp-content/uploads/2024/04/favicon.ico" sizes="192x192" /><link rel="apple-touch-icon" href="https://www.climateaction100.org/wp-content/uploads/2024/04/favicon.ico" /><meta name="msapplication-TileImage" content="https://www.climateaction100.org/wp-content/uploads/2024/04/favicon.ico" /></head><body class="has_featured_image news-single" ><!-- Google Tag Manager (noscript) --><noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-M4G8LWJ" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript><!-- End Google Tag Manager (noscript) --><a class="skip-link button" href="#main" tabindex="0">Skip to content</a><header class="header clearfix"><div class="container"><div class="header-wrapper"><div class="header-logo"><a href="/" id="logo"><img src="/assets/images/logo.svg" width="40" height="40" alt="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+" class="header-logo-image" /><span class="visually-hidden">ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+</span></a></div><div class="header-menus"><nav class="header-subnav"><ul class="header-subnav-list clearfix"><li class="subnav-item"><a href="/news/" class=" subnav-item-link">News</a></li><li class="subnav-item"><a href="https://www.climateaction100.org/about/" class=" subnav-item-link">About Climate Action 100+</a></li><li class="subnav-item"><a href="https://www.climateaction100.org/join/" class=" subnav-item-link">Join</a></li><li class="subnav-item"><a href="/contact/" class=" subnav-item-link">Contact us</a></li><li class="subnav-item"><a href="https://www.climateaction100.org/frequently-asked-questions/" class=" subnav-item-link">FAQs</a></li><li class="subnav-item"><a href="/signatories/" class="subnav-item-link button">Signatories' Login</a></li><li class="subnav-item"><a href="/search" class="search-trigger"><span class="visually-hidden">Search</span><span class="icon"><img src="/assets/images/search.svg" alt="Search Icon"></span></a></li></ul></nav><nav class="header-nav"><ul class="header-nav-list clearfix"><li class="nav-item" ><a href="https://www.climateaction100.org/the-three-goals/" class="nav-item-link">The three goals</a></li><li class="nav-item" tabindex="0" ><span class="nav-item-link">Approach</span><ul class="dropdown"><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/engagement-process/" class="nav-item-link">Engagement Process</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/business-case/" class="nav-item-link">The Business Case</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/proxy-season/" class="nav-item-link">Proxy Season</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/" class="nav-item-link">Sectoral Engagements</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/how-we-got-here/" class="nav-item-link">How we got here</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/approach/focus-list-history/" class="nav-item-link">Focus List History</a></li></ul></li><li class="nav-item" tabindex="0" ><span class="nav-item-link">Who’s involved</span><ul class="dropdown"><li class="dropdown-item"><a href="https://www.climateaction100.org/whos-involved/investors/" class="nav-item-link">Investors</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/whos-involved/companies/" class="nav-item-link">Companies</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/whos-involved/investor-networks/" class="nav-item-link">Investor Networks</a></li></ul></li><li class="nav-item" tabindex="0" ><span class="nav-item-link">Progress</span><ul class="dropdown"><li class="dropdown-item"><a href="https://www.climateaction100.org/progress/progress-update/" class="nav-item-link">Progress Update</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/progress/case-studies/" class="nav-item-link">Case Studies</a></li></ul></li><li class="nav-item" tabindex="0" ><span class="nav-item-link">NET ZERO COMPANY<br> BENCHMARK</span><ul class="dropdown"><li class="dropdown-item"><a href="/net-zero-company-benchmark/" class="nav-item-link">HOMEPAGE</a></li><li class="dropdown-item"><a href="/whos-involved/companies/" class="nav-item-link">COMPANY ASSESSMENTS</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/findings/" class="nav-item-link">Key Findings</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/methodology/" class="nav-item-link">Methodologies</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/background/" class="nav-item-link">Background</a></li><li class="dropdown-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/questions/" class="nav-item-link">Frequently Asked Questions</a></li></ul></li></ul></nav></div></div></div><label for="rnav-open" id="rnav-button" class="menu-button" aria-expanded="false">Menu <svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#menu" /></svg></label></header><input type="checkbox" id="rnav-open" class="visually-hidden"><nav class="rnav clearfix"><ul class="rnav-list"><li class="rnav-item"><a href="https://www.climateaction100.org/the-three-goals/" class="rnav-item-link">The three goals</a></li><li class="rnav-item with-dropdown"><span href="https://www.climateaction100.org/approach/" class="rnav-item-link">Approach</span><input type="checkbox" id="dropdown-2" class="visually-hidden rnav-checkbox"><label for="dropdown-2" class="rnav-arrow"><svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#arrow-down" />Expand dropdown</svg></label><ul class="rnav-dropdown"><li class="rnav-item"><a href="https://www.climateaction100.org/approach/engagement-process/" class="rnav-item-link">Engagement Process</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/business-case/" class="rnav-item-link">The Business Case</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/proxy-season/" class="rnav-item-link">Proxy Season</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/" class="rnav-item-link">Sectoral Engagements</a><input type="checkbox" id="dropdown-1-4" class="visually-hidden rnav-checkbox"><label for="dropdown-1-4" class="rnav-arrow"><svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#arrow-down" />Expand dropdown</svg></label><ul class="rnav-dropdown"><li class="rnav-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/electric-utilities/" class="rnav-item-link">Electric Utilities</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/steel/" class="rnav-item-link">Steel</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/food-and-beverage/" class="rnav-item-link">Food and Beverage</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/sectoral-engagements/aviation/" class="rnav-item-link">Aviation</a></li></ul></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/how-we-got-here/" class="rnav-item-link">How we got here</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/approach/focus-list-history/" class="rnav-item-link">Focus List History</a></li></ul></li><li class="rnav-item with-dropdown"><span href="https://www.climateaction100.org/whos-involved/" class="rnav-item-link">Who’s involved</span><input type="checkbox" id="dropdown-3" class="visually-hidden rnav-checkbox"><label for="dropdown-3" class="rnav-arrow"><svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#arrow-down" />Expand dropdown</svg></label><ul class="rnav-dropdown"><li class="rnav-item"><a href="https://www.climateaction100.org/whos-involved/investors/" class="rnav-item-link">Investors</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/whos-involved/companies/" class="rnav-item-link">Companies</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/whos-involved/investor-networks/" class="rnav-item-link">Investor Networks</a></li></ul></li><li class="rnav-item with-dropdown"><span href="https://www.climateaction100.org/progress/" class="rnav-item-link">Progress</span><input type="checkbox" id="dropdown-4" class="visually-hidden rnav-checkbox"><label for="dropdown-4" class="rnav-arrow"><svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#arrow-down" />Expand dropdown</svg></label><ul class="rnav-dropdown"><li class="rnav-item"><a href="https://www.climateaction100.org/progress/progress-update/" class="rnav-item-link">Progress Update</a></li><li class="rnav-item"><a href="https://www.climateaction100.org/progress/case-studies/" class="rnav-item-link">Case Studies</a></li></ul></li><li class="rnav-item with-dropdown"><span href="https://www.climateaction100.org/net-zero-company-benchmark/" class="rnav-item-link">Net Zero Company Benchmark</span><input type="checkbox" id="dropdown-5" class="visually-hidden rnav-checkbox"><label for="dropdown-5" class="rnav-arrow"><svg aria-hidden="true" class="icon"><use xlink:href="/assets/svg/icons.svg#arrow-down" />Expand dropdown</svg></label><ul class="rnav-dropdown"><li class="rnav-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/findings/" class="rnav-item-link">Key Findings</a><li class="rnav-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/methodology/" class="rnav-item-link">Methodologies</a><li class="rnav-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/background/" class="rnav-item-link">Background</a><li class="rnav-item"><a href="https://www.climateaction100.org/net-zero-company-benchmark/questions/" class="rnav-item-link">Frequently Asked Questions</a><a href="/net-zero-company-benchmark/" class="rnav-item-link">HOMEPAGE</a><a href="/whos-involved/companies/" class="rnav-item-link">COMPANY ASSESSMENTS</a><li class="rnav-item"></li></ul></li><ul class="rnav-secnav"><li class="rnav-secnav-item"><a href="" class="rnav-item-link">News</a></li><li class="rnav-secnav-item"><a href="" class="rnav-item-link">About Climate Action 100+</a></li><li class="rnav-secnav-item"><a href="" class="rnav-item-link">Join</a></li><li class="rnav-secnav-item"><a href="" class="rnav-item-link">Contact us</a></li><li class="rnav-secnav-item"><a href="" class="rnav-item-link">FAQs</a></li><li class="rnav-secnav-item"><a href="/signatories/" class="rnav-item-link">Signatories' Login</a></li><li class="rnav-secnav-item search-link"><a class="rnav-item-link" href="/search"><img src="/assets/images/search-white.svg" alt="Search Icon"> Search </a></li></ul></ul></nav><main id="main" class="main clearfix"><section class=" full section hero-outer"><div class="hero"><header class="hero-info"><div class="hero-inner"><h1 class="hero-title">ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA’S STATE-OWNED ENTERPRISES (SOES)</h1><p class="hero-date">22nd November 2023</p><div class="hero-summary"><p>This case study looks at how Sinopec is aiming to establish itself as a "clean, low-carbon and industry-leading" company through investor engagement.</p></div><div class="hero-download"></div></div></header></div></section><div class="main-section" id="content"><div class="container"><article class="article"><div class="content clearfix"><div class="featured-image"><picture><img sizes="100vw" srcset="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash-400x267.jpg 400w, https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash-800x533.jpg 800w, https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash-1600x1067.jpg 1600w" alt="" class="object-fit" src="https://www.climateaction100.org/wp-content/uploads/2023/11/carl-nenzen-loven-vijegS-rHnM-unsplash-1600x1067.jpg"></picture></div><p><strong>Background</strong></p><p>In September 2020, China announced its ’30·60′ decarbonisation goal, aiming to reach the peak of carbon emissions by 2030 and achieve carbon neutrality by 2060. In March, Sinopec, the state-owned China Petroleum & Chemical Corporation, announced an ambitious commitment to achieve carbon neutrality by 2050; 10 years ahead of the national goal, and peak carbon dioxide emissions before the national target. The company also committed to accelerating the development of new energy business, specifically hydrogen energy. In doing so, Sinopec aimed to set the company on a new trajectory and to establish a new image of itself as “<a href="http://www.sinopecgroup.com/group/en/social/lsdt.shtml">clean, low-carbon, and industry-leading</a>.”</p><p>How well have they done to earn these accolades so far? Under the umbrella of Climate Action 100+ (the Initiative), the investor group has been engaging with the company for 5 years and recognises that Sinopec has indeed reduced its overall greenhouse gas emissions and intensity (See Table 1 below), whilst integrating climate change into its development plan, and has continuously improved its energy management.</p><h4><strong>Table 1</strong></h4><p> </p><table><tbody><tr><td width="312"><strong>Year</strong></td><td width="312"><strong>Sinopec’s GhG emissions per million tonnes C02 equivalent</strong></td></tr><tr><td width="312">2020</td><td width="312">171</td></tr><tr><td width="312">2021</td><td width="312">173</td></tr><tr><td width="312">2022</td><td width="312">162</td></tr></tbody></table><p> </p><p>With Sinopec’s ambition set high, lead investors engaging the company continue to support the company’s journey to net zero via constructive dialogues discussing:</p><ol><li>How to monitor progress on their climate-related strategies and targets, including in the short and medium term.</li><li>Understanding the measures implemented by Sinopec to stay on track to meeting their goals.</li></ol><h4>Progress to date</h4><p>Overall, the Climate Action 100+ Sinopec Investor Group maintains a strong rapport with the company. Lead investors have described the engagement process as relatively smooth, facilitated by a consistent reciprocal dialogue, and have acknowledged discernible progress.</p><p>Since 2021, Sinopec has announced:</p><ol><li>A strengthening of climate governance, a core goal of the Initiative. The company restructured the CSR Management Committee into the Sustainability Committee (established under the Board), expanding its oversight and further promotion of the integration of sustainability issues within the Company’s operations.</li><li>The company incorporated ESG indicators, including climate-related indicators, into the performance appraisal, linking director and senior manager remuneration to ESG .</li><li>In addition, the company has become a lot more vocal on exploring the energy transition opportunity, through launching photovoltaic green hydrogen projects in 2022. Progress has been recognised via multiple channels throughout 2023.</li></ol><p>Further evidence of the companies’ progress and their strategy can be found in their sustainability reports (listed in <em>Resources and References</em> below).</p><h4><strong>How can collaborative engagement work for state-owned enterprises?</strong></h4><p>With SOEs like Sinopec, investors face a unique set of barriers compared with other engagements. As SOEs tend to align their objectives and policies with those set by their home governments, institutional investors and other minority shareholders tend to take a less prominent role in decision-making.</p><p><strong>Additionally</strong>, as one of the lead investors points out, it is important to recognise that SOEs are expected to shoulder broader social responsibilities. These responsibilities may include ensuring stable employment, contributing to national security, and investing in strategic technologies. As a result, particularly during times of economic pressure, there might be some interest misalignment between minority shareholders and the controllers of SOEs.</p><p>In these cases, investors will likely need to adjust their expectations and remain flexible enough to develop short-term engagement milestones, whilst still focusing on key priorities.</p><p>While acknowledging underlying constraints and actively embracing challenges in achieving engagement outcomes, collaborative engagement greatly amplifies the voice of investors. It enables diverse stakeholders to contribute their unique expertise, insights, and resources, facilitating more effective dialogues with companies and, ultimately, fostering positive changes. Examples of this that lead investors have chosen to employ at Sinopec are:</p><ol><li><strong>Developing positive relationships and fostering trust</strong>: Investors first and foremost want to sustain the open dialogue that has been fostered and continue to build trust.</li><li><strong>Leading by example: </strong>Investors aim to encourage the company to team up with peers, industry organizations, and other relevant stakeholders to drive green transition in China’s oil and gas (O&G) industry.</li><li><strong>Disclosure guidance</strong>: Investors want to help Sinopec work towards better disclosures with reference to well-established international disclosure frameworks and standards which all stakeholders can benefit from.</li><li><strong>Sharing of international best practice</strong>: Investors with different expertise help support and guide the company’s decarbonization journey by providing peer comparison and gap analysis from time to time.</li><li><strong>Other Stewardship approach: </strong>Investors may also consider using voting tactics as escalation measures in the future.</li></ol><p>In addition, investors engaging with Sinopec have found the Net Zero Company Benchmarks a useful resource for engagement, in particular, focusing upon:</p><ul><li>Indicator 1: Net-zero GHG Emissions by 2050 (or sooner) ambition</li><li>Indicator 5: Decarbonisation strategy</li><li>Indicator 8: Climate Governance</li><li>Indicator 10: TCFD Alignment</li></ul><p>In conclusion, while there may be a unique set of challenges to engagement with SOEs, investors are encouraged by progress to date and look to maintain an open dialogue and trusted partnership with Sinopec as it aspires to fulfil its vision as leading the O&G industry toward net zero.</p><p><strong> </strong></p><p><strong>Resources and References </strong></p><ul><li><a href="http://www.sinopec.com/listco/en/Resource/Pdf/20210328011.pdf">2020 Sinopec Corp. Sustainability Report</a></li><li><a href="http://www.sinopec.com/listco/en/Resource/Pdf/2022032789.pdf">2021 Sinopec Corp. Sustainability Report</a></li><li><a href="http://www.sinopec.com/listco/en/Resource/Pdf/2023032506.pdf">2022 Sinopec Corp. Sustainability Report</a></li></ul><p> </p></div></article><aside class="sidebar"><div class="sidebar-newsdetails"><p><span>News type</span> Blog </p><p><span>Media contact</span><a href="/cdn-cgi/l/email-protection#aec0cbd9ddeecdc2c7c3cfdacbcfcddac7c1c09f9e9e80c1dcc9"><span class="__cf_email__" data-cfemail="6f010a181c2f0c0306020e1b0a0e0c1b0600015e5f5f41001d08">[email protected]</span></a></p></div></aside></div></div></main><footer class="section footer"><div class="footer-top"><div class="container"><div class="footer-top-col"><ul class="footer-nav"><li class="footer-nav-item"><a href="/news/" class="nav-item-link" target="">News</a></li><li class="footer-nav-item"><a href="/whos-involved/companies/" class="nav-item-link" target="">Companies</a></li><li class="footer-nav-item"><a href="/whos-involved/investor-networks/" class="nav-item-link" target="">Investor Networks</a></li><li class="footer-nav-item"><a href="/disclaimer/" class="nav-item-link" target="">Disclaimer</a></li><li class="footer-nav-item"><a href="/privacy/" class="nav-item-link" target="">Privacy Policy</a></li><li class="footer-nav-item"><a href="/accessibility/" class="nav-item-link" target="">Accessibility</a></li><li class="footer-nav-item"><a href="/terms-of-use/" class="nav-item-link" target="">Terms of Use</a></li><li class="footer-nav-item"><a href="/sitemap/" class="nav-item-link" target="">Sitemap</a></li></ul></div><div class="footer-top-col"><div class="footer-bio"><p>Climate Action 100+ is an investor initiative to ensure the world’s largest corporate greenhouse gas emitters take appropriate action on climate change.</p></div><div class="footer-copyright"><p>Copyright © 2024 Climate Action 100+</p><p>Site design and build by <a href="http://www.fatbeehive.com/">Fat Beehive</a></p></div></div></div></div><div class="footer-bottom"><div class="container"><a href="/" class="footer-logo"><picture><source type="image/svg+xml" srcset="/assets/images/logo.svg" /><img src="/assets/images/logo.svg" width="40" height="40" alt="ENHANCING COLLABORATIVE ENGAGEMENT WITH CHINA'S STATE-OWNED ENTERPRISES (SOES) | Climate Action 100+" class="footer-logo-image" /></picture></a><div class="footer-networks"><p>Investor Networks</p><ul><li><a href="https://www.aigcc.net/" target="_blank"><img src="/assets/images/partners/AIG.png" alt="Asia investor group on climate change"></a></li><li><a href="https://www.ceres.org/" target="_blank"><img src="/assets/images/partners/CERES.png" alt="Ceres"></a></li><li><a href="https://www.igcc.org.au/" target="_blank"><img src="/assets/images/partners/IGCC.png" alt="Investor Group on Climate Change"></a></li><li><a href="https://www.iigcc.org/" target="_blank"><img src="/assets/images/partners/IIGCC-footer.png" alt="The Institutional investors group on climate change"></a></li><li><a href="https://www.unpri.org/" target="_blank"><img src="/assets/images/partners/PRI.png" alt="Principles for responsible investment"></a></li></ul></div></div></div></footer><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script> (function() { if(!(document.cookie.match(/^(.*;)?\s*closefbalertbanner\s*=\s*[^;]+(.*)?$/))) { if( document.getElementById("fb-alert-banner") !== null ) { document.getElementById("fb-alert-banner").style.display = "block"; } else if ( window.matchMedia('(min-width: 1280px)').matches ) { document.querySelector(".header").style.position = "fixed"; } } else { document.querySelector(".header").style.position = "fixed"; } })(); </script><script type="text/javascript" id="ca100_core-js-before"> /* <![CDATA[ */ var $ = jQuery.noConflict(); /* ]]> */ </script><script type="text/javascript" src="https://www.climateaction100.org/wp-content/themes/ca100/assets/js/min/core.min.js?ver=1.0" id="ca100_core-js"></script><!--[if lt IE 9]><script type="text/javascript" src="https://www.climateaction100.org/wp-content/themes/ca100/assets/js/min/respond.min.js?ver=1.0" id="ca100_respond-js"></script><![endif]--><!--[if lt IE 9]><script type="text/javascript" src="https://www.climateaction100.org/wp-content/themes/ca100/assets/js/min/selectivizr.min.js?ver=1.0" id="ca100_selectivizr-js"></script><![endif]--><script type="text/javascript" src="https://www.climateaction100.org/wp-content/plugins/fb-wp-tinymce/classes/../assets/js/fb-responsive-tables.js?ver%5B0%5D=1.0.0" id="fb-responsive-tables-js"></script><link href="/assets/css/magnific-popup-min.css" rel="stylesheet" media="screen"><script src="/assets/js/magnific-popup.js"></script><script type="text/javascript"> $(document).ready(function () { // SVG4Everybody // svg4everybody(); // Object-fit polyfill objectFitImages(); }); // Magnicfic Popup $(document).ready(function () { //$('.popup-video').magnificPopup({ type: 'iframe' }); }); // Make search keyboard accessible - toggle with enter key $('.search-open').click(function () { $(".header-search-input").toggleClass('active'); }); $('.search-open').keypress(function (e) { var key = e.which; if (key == 13) // the enter key code { $(".header-search-input").toggleClass('active'); } }); $('.search-open').keypress(function (e) { var key = e.which; if (key == 13) // the enter key code { $(".header-search-input").toggleClass('active'); if ($(".header-search-input").is(":focus")) { $(this).focus(); return false; } else { $(".header-search-input").focus(); return false; } } }); // Add aria labels to pagination var pagItems = document.querySelectorAll('.pagination_element'); for (var i = 0; i < pagItems.length;) { var counter = i++; var string = "Page " + counter; if (pagItems[i].getAttribute('aria-current')) { string = "Page " + counter + ", Current Page"; } pagItems[i].setAttribute('aria-label', string); } // select 2 stuff $('.filter-block select').select2(); $('.filter-block select').on('select2:select', function (e) { e.currentTarget.classList.add('has-selection'); }); $('.filter-block select').on('select2:unselect', function (e) { if(!e.currentTarget.value){ e.currentTarget.classList.remove('has-selection'); } }); $('.select-wide select').select2({ dropdownParent: jQuery('.select-wide') }); $('.select-wide select').on('select2:select', function (e) { e.currentTarget.classList.add('has-selection'); }); $('.select-wide select').on('select2:unselect', function (e) { if(!e.currentTarget.value){ e.currentTarget.classList.remove('has-selection'); } }); </script><script src="https://cc.cdn.civiccomputing.com/9/cookieControl-9.x.min.js"></script><script> var config = { apiKey: '0e4686405191405205c666966044721de1284840', product: 'COMMUNITY', text: { title: 'Cookies preferences', intro: 'Cookies provide security and give you the best possible experience of our website. You can accept our recommended settings or personalise your settings below. ', necessaryTitle: 'Essential', necessaryDescription: 'Essential cookies make our site work as it should e.g. enabling security and making it easy to use by different kinds of devices. You can disable these by changing your browser settings but this is likely to affect how the website functions.', acceptSettings: 'ACCEPT RECOMMENDED SETTINGS', acceptRecommended: 'ACCEPT RECOMMENDED SETTINGS', closeLabel: 'Save your preferred settings', }, closeStyle: 'button', optionalCookies: [ { name: 'analytics', label: 'Analytics', recommendedState: 'on', description: 'Google Analytics cookies to help us to improve our website. They collect and report information on how you use the site but do not directly identify you.', cookies: ['_ga', '_gid', '_gat*', '_ga*', '__utma', '__utmt', '__utmb', '__utmc', '__utmz', '__utmv','_hjSession*', '_hjIncludedInPageviewSample', '_hjIncludedInSessionSample', '_hjAbsoluteSessionInProgress', '_hjFirstSeen' ], onAccept: function () { dataLayer.push({ 'civic_cookies_analytics': 'a001', 'event': 'civicCookies_analyticsAccept' }) }, onRevoke: function () { dataLayer.push({ 'civic_cookies_analytics': 'a000', 'event': 'civicCookies_analyticsDecline' }) window.location.reload(); } }, { name: 'marketing', label: 'Marketing', recommendedState: 'off', description: 'Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.', cookies: ['IDE', 'test_cookie', 'VISITOR_INFO1_LIVE', 'YSC', 'yt-remote-cast-installed', 'yt-remote-connected-devices', 'yt-remote-device-id', 'yt-remote-fast-check-period', 'yt-remote-session-app', 'yt-remote-session-name' ], onAccept : function(){}, onRevoke: function(){} } ], closeButton: true, position: 'RIGHT', theme: 'LIGHT', onLoad: function() { $('#ccc').css('visibility', 'visible'); } }; CookieControl.load( config ); $(document).on('click', '#ccc-icon', function(){ $('#ccc-button-holder').append('<p id="ccc-intro" style="font-size: 14px;">Accepting recommended settings turns all cookie options in the "personalise cookies" section below to "ON".</p>'); $('#ccc-dismiss-button').css({"display": "inline-block", "margin-right": "10px", "margin-bottom": "5px"}); $('<p>You can adjust your settings at any time by returning to this screen. Just click the \'c\' icon at the bottom of our web pages. See our cookies page for more information.</p>').insertBefore('#ccc-dismiss-button').css({'margin-bottom': '32px'}); }); </script></body></html>