PetroChina

A major oil and gas company that operates in China and is involved in exploration, production, and refining.

CCI Score

-27.68

0.01% April 18

Latest Event

Disinvestment due to Human Rights Violations in Sudan

PGGM disinvests €37m from PetroChina over alleged human rights violations related to its parent company CNPC's financing of the Sudanese government known for widespread abuses. This move underscores significant concerns regarding labor relations and human rights practices within the company, prompting serious scrutiny over its ethical responsibility.

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ACCOMPLICE

PetroChina is currently rated as an Accomplice.

-20 to -29 CCI Score

These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

JAN

01

2021

Disinvestment due to Human Rights Violations in Sudan
-45.55

PGGM disinvests €37m from PetroChina over alleged human rights violations related to its parent company CNPC's financing of the Sudanese government known for widespread abuses. This move underscores significant concerns regarding labor relations and human rights practices within the company, prompting serious scrutiny over its ethical responsibility.
-70

Labor Relations and Human Rights Practices

March 24

The disinvestment by the €88bn healthcare pension fund PGGM reflects investor alarm over PetroChina's alleged human rights violations in Sudan, tied to its parent company CNPC. The alleged complicity in financing a government with widespread abuses highlights severe deficiencies in labor relations and human rights practices. This event is indicative of troubling business practices that indirectly support authoritarian actions.

PGGM disinvests on PetroChina because of human rights
SEP

03

2020

PetroChina Corruption and Ethical Negligence Under Scrutiny
-39.46

Following recommendations from Norway’s Ethics Council, PetroChina has drawn attention for allegedly engaging in gross corruption and ignoring council inquiries, raising concerns over its ethical business practices and economic influence.
-50

Public and Political Behavior

March 24

PetroChina has demonstrated a lack of transparent engagement with public ethics inquiries by ignoring red flags raised by the council. This behavior undermines public trust and reflects a neglect of responsibilities that are critical in countering authoritarian practices.

Norway Pension Giant Drops Three Companies over Alleged Human Rights Violations
-80

Business Practices and Ethical Responsibility

March 24

The Ethics Council recommended actions against PetroChina based on repeated allegations of gross corruption, including claims that senior executives accepted bribes for awarding contracts. This clearly reflects a significant failure in ethical business practices.

Norway Pension Giant Drops Three Companies over Alleged Human Rights Violations
-60

Economic and Structural Influence

March 24

The allegations of long-standing corruption and bribe-taking behavior at PetroChina indicate negative economic and structural influence. This undermines fair market practices and contributes to systemic risks within the industry.

Norway Pension Giant Drops Three Companies over Alleged Human Rights Violations
JUN

01

2011

PetroChina Linked to Human Rights Abuses in Burma Pipeline Projects
-18.70

The Norwegian Council on Ethics recommended divesting from PetroChina due to its involvement in controversial pipeline projects in Burma that have been linked to forced labor and severe human rights abuses. This connection raises serious ethical concerns about the company’s business practices and labor policies.
-70

Business Practices and Ethical Responsibility

March 24

PetroChina's involvement in developing and operating oil and gas pipelines in Burma, which are linked to systemic human rights abuses including forced labor, demonstrates a disregard for ethical business practices. This conduct aligns with patterns of complicity in fostering conditions that could indirectly support authoritarian practices.

Chinese Oil Company Linked to Human Rights Abuses in Burma (Myanmar)
-80

Labor Relations and Human Rights Practices

March 24

The documented forced labor and systematic human rights violations surrounding the Burma pipeline projects expose serious flaws in PetroChina’s labor relations and human rights practices. These conditions not only harm local communities but also contribute to an enabling environment for authoritarian abuses.

Chinese Oil Company Linked to Human Rights Abuses in Burma (Myanmar)
JAN

01

2011

PetroChina: Linked to Human Rights Abuses in Burma
-19.13

In a controversial recommendation, the Norwegian Council on Ethics advised the Norwegian government to divest US$90 million from PetroChina due to its role in human rights abuses tied to pipeline projects in Burma. Allegations include forced labor, land confiscations, and systemic abuses that facilitate the company’s operations in conflicted regions, thereby contributing to authoritarian practices.
-80

Labor Relations and Human Rights Practices

March 24

PetroChina has been directly implicated in projects that facilitate severe human rights violations in Burma. The construction of controversial oil and gas pipelines has been linked to forced labor, land confiscation, and systemic abuses against local communities. The Norwegian Council on Ethics recognized these violations by recommending divestment from the company, highlighting its complicity in practices that align with authoritarian exploitation and the suppression of workers' rights.

Chinese Oil Company Linked to Human Rights Abuses in Burma (Myanmar)
JAN

07

2009

PetroChina Accused of Complicity in Genocide
-15.56

Over 80 civil society organizations have formally accused PetroChina of complicity in genocide due to its financial links with the Sudanese regime and its failure to adhere to UN Global Compact human rights standards.
-70

Public and Political Behavior

March 24

PetroChina’s public and political behavior is called into question by its inaction and muted response despite clear warnings from global civil society and UNGC officials. Its failure to distance itself from regimes accused of human rights abuses undermines its integrity and suggests a tacit approval of authoritarian practices.

Petrochina Accused of Complicity in Genocide by Over 80 Civil Society Organizations
-90

Business Practices and Ethical Responsibility

March 24

The allegations reveal a profound violation of ethical business practices, as PetroChina is accused of disregarding human rights and due diligence norms. Its failure to uphold the UN Global Compact principles is seen as an endorsement of, or complicity in, repressive and genocidal policies.

Petrochina Accused of Complicity in Genocide by Over 80 Civil Society Organizations
-80

Economic and Structural Influence

March 24

PetroChina’s economic engagements, particularly its financial ties with the Sudanese government, directly support regimes known for severe human rights abuses. This pattern of economic collaboration with oppressive regimes demonstrates a troubling degree of structural complicity in sustaining authoritarian practices.

Petrochina Accused of Complicity in Genocide by Over 80 Civil Society Organizations