Construction of Value-Creation Oriented Carbon Assets Management System of Oil Companies

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Abstract As climate change draws more attention globally, the development of low-carbon economy has become an inevitable choice for mankind to achieve sustainable development. The increasingly strict control of carbon emission is making carbon emission rights a scarce resource and endowing the rights with the attributes of assets and commodities. China has announced the goal of “carbon emission peaking before 2030 and carbon neutralization before 2060”. Responding to this goal, as major carbon emitters, oil companies play the role of a driving force for green and low-carbon development. Carbon assets management is a key path for oil companies to achieve emission reduction goals and low-carbon transformation. However, the carbon assets management of China’s oil companies is still in the initial stage, with the system and regulations not yet sound, and the management process not yet closed loop. First the modes and experiences of carbon assets management in major international oil companies is introduced. Then the objective logical relationship and linkage laws between carbon assets management and enterprise value creation are comprehensively analyzed by integrating the basic theories of economics and management. On this basis, a value-creation oriented carbon assets management system for oil companies is constructed, mainly covering aspects such as enterprise strategy, control mechanisms, carbon inventory, and management modes.

Published: 13 January 2025

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http://www.coag.com.cn/EN/ OR http://www.coag.com.cn/EN/Y2024/V31/I3/42

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