CMOC has set forth the following Climate Change Vision, "We have woven climate change issues into our ESG governance framework, with comprehensive oversight provided by the Board of Directors' Strategy and Sustainability Committee, and have established a top-down climate change response management system. We will work together with international and domestic stakeholders to contribute to the monumentally significant goal of global carbon neutrality."

Guided by our Climate Change Vision and as a testament to supporting the progressive goals furnished under the Paris Agreement, such as limiting global warming to 1.5°C, we released the CMOC Carbon Neutral Roadmap and Action Plan. Therein, we established the strategic goal of achieving carbon peaking by 2030 and carbon neutrality by 2050, and committed to investing no less than USD 1.5 billion in the implementation of our carbon neutral action plan.

To further promote climate action and improve the transparency of climate-related disclosure, CMOC carried out due diligence in 2023 based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). We have identified, assessed, and prioritized climate-related risks and opportunities, and compiled and planned strategies to strengthen the climate resilience of our business. For detailed information, please refer to the 2023 CMOC Environmental, Social, and Governance (ESG) Report.

Click to view our Carbon Neutral Action Plan