The Sinopec-Addax Petroleum Foundation is an independent non-profit foundation established by Addax Petroleum Corporation and registered in Geneva, Switzerland. Active since 2008, the foundation was renamed in 2011 following the acquisition of Addax Petroleum by the Sinopec Group.

The social investment conducted through the Sinopec-Addax Petroleum Foundation is guided by the Millennium Development Goals (www.un.org/millenniumgoals) as well as national development policies.

Our mission

The Foundation supports long-term socio-economic development projects, as opposed to emergency humanitarian assistance, in the following three main areas of concern: education, health, and the environment. It focuses on Africa and the Middle East and is active in more countries than the company's traditional areas of operation. Its work thereby comes in addition to the community programmes undertaken by Addax Petroleum's operating companies.

Our philosophy

The Sinopec-Addax Petroleum Foundation is committed to sustainable community development. It primarily seeks to empower poverty-stricken communities by reinforcing their capacities and help them reach self sufficiency. To this end, the Sinopec-Addax Petroleum Foundation funds projects which can effectively and sustainably contribute to the alleviation of poverty.