Oriental Union Chemical Corporation Petrochemical (Yangzhou) won the Innovation Sample Award in the Pudong New Area ESG Competition for Chinese and Foreign Enterprises

        Far Eastern Union Chemical Corporation Petrochemical (Yangzhou) is committed to achieving green transformation and sustainable operation, and actively carries out various explorations. Based on the company's carbon reduction and energy conservation strategy data, it sets sustainable development performance goals (SPTs) and jointly signs the first "Sustainable Development Linked Letter of Credit (SL-L/C)" with Sumitomo Mitsui Banking Corporation in the country. Through the mechanism of linking the issuance fee and SPT results, it encourages applying companies to achieve SPTs to promote and support the company's sustainable development as a trade financing tool, establish a good green corporate image, and jointly win the Innovation Sample Award of the 2024 Shanghai Pudong New Area ESG Industrial Ecology Innovation Competition with Mitsui Banking Corporation.

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