ERM China and China Petroleum Engineering & Construction Company collaborate to advance low carbon energy transition

ERM China and China Petroleum Engineering & Construction Company collaborate to advance low carbon energy transition

ERM China (ERM) and China Petroleum Engineering & Construction Corp. Beijing Company (CPECCBJ) signed a worldwide strategic cooperation alliance to develop, market and provide Low Carbon Energy Transition (LCET) and renewable energy consulting and advisory services to China National Petroleum Corporation (CNPC) and Chinese Companies in both China and international markets.

The focus of this strategic partnership will be on advancing and driving carbon neutrality and LCET, across the hydrogen, Solar power, Offshore Wind, energy storage, power, Carbon Capture Utilization and Storage (CCUS) technology, as well as oil and gas sectors. The services will include CCUS, Health, Safety and Environmental (HSE), Environmental, Social and Governance (ESG), Technical risk, decommission and project liability risk management, and digitalisation.

The companies will jointly work together in China and worldwide to provide a comprehensive suite of advisory, consultancy, turnkey and EPC, fostering progress towards the LCET and net zero carbon.

“Against the evolving international and local reporting requirements, sustainability policies and the impact on social and biodiversity, it is vital for organisations to proactively accelerate and transit to a low-carbon future,” said Dr Cherry Hu, China Managing Partner of ERM. “The combined scale and knowledge of ERM and CPECC will enable us to unlock the potential to help more Chinese companies journey towards net zero, providing a one-stop service to help Chinese companies to become more ESG friendly and enable sustainability in both China and worldwide.”

Mr Zhou Lei, CPECC Business Development Director and Mr Zhang Jiming, Chairman of CPECC Beijing Company said, “At CPECC, we constantly innovate by delivering quality engineering, procurement and construction projects, and by establishing strategic collaborations to help CNPC and our clients achieve carbon neutral and LCET. The partnership with ERM provides us the opportunities to jointly deliver LCET, sustainability, ESG and EHS services and solutions, in China and worldwide markets especially in China Belt and Road initiatives region.

Mr. Matt Ashworth, Commercial Counsellor, Energy & Infrastructure, British Embassy Beijing. said, “The signing of this Worldwide Strategic Cooperation Alliance between CPECCBJ and ERM is excellent news. The scope of the Agreement for both companies to work together on projects covering Decarbonisation, CCUS and Hydrogen, Renewable Energy and beyond is yet another example of UK and Chinese companies forming lasting partnerships in the energy sector, helping businesses to achieve their net zero ambitions.”

ERM and CPECCBJ will also evaluate potential cooperation to explore new technical and engineering capabilities, to help companies in their LCET and net zero journey and growth.

Media contact

Sophia Ong Sophia.ong@erm.com

Zhang Hui zhanghui.cpe@cnpc.com.cn

About ERM

ERM is the business of sustainability.

As the largest global pure play sustainability consultancy, ERM partners with the world’s leading organizations, creating innovative solutions to sustainability challenges and unlocking commercial opportunities that meet the needs of today while preserving opportunity for future generations.

ERM’s diverse team of over 5,500 world-class experts in over 150 offices in more than 40 countries supports clients across the breadth of their organizations to operationalize sustainability. Through ERM’s deep technical expertise clients are well positioned to address their environmental, health, safety, risk and social issues. ERM calls this capability its “boots to boardroom” approach for its comprehensive service model that allows ERM to develop strategic and technical solutions that advance objectives on the ground or at the executive level.

About CPECC

China Petroleum Engineering & Construction Corporation (CPECC) is affiliated to China National Petroleum Corporation (CNPC) and is a CNPC professional company specializing in oil and gas sector. Since 1980, the company has been dedicated to optimizing solutions, providing comprehensive and value-added services to its clients. It is now the most representative company in China domestic and international oil & gas industry.

In the recent years, under the Chinese government and CNPC group’s renewable energy upgrading and Low carbon energy transition (LCET) transformation indication. CPECC joined the LCET industry racing and has made positive attempts and achievements in clean energy, digitalization, renewable energy, hydrogen energy, CCUS and other green energy fields.

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