"Ownership, governance and financial streams between CNPC and PetroChina overlap to such an extent that PGGM regards both organisations as a single entity."
To me that means that if your pension fund holds PetroChina you need to think about the activities of CNPC too. It is involved in both Sudan and Burma. So whilst PetroChina might seem 'clean' on first glance, the relationship with CNPC clearly complicates it.
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