Guidelines to the State-owned Enterprises Directly under the Central Government on Fulfilling Corporate Social Responsibilities, 2008.

China Current 2008

These guidelines were issued by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). They were proposed by the 17th CPC National Congress, and give the impetus to Central State-owned Enterprises (CSOEs) to fulfill corporate social responsibilities, so as to realize the comprehensive and sustainable development of social and environmental aspects of enterprises. According to the guidelines, the main contents of fulfilling CSR by CSOEs include: insisting on a legal and honest way of business operation, constantly improving their ability to make sustainable profits, improving product quality and service, strengthening resource conservation and environmental protection, promoting independent innovation and technological advancement, ensuring production safety, protecting legal rights of employees, and participating in social public welfare programs. The guidelines also set out the main measures for CSOEs to fulfill CSR, such as establishing CSR fulfillment mechanisms and CSR information reporting systems.

Scope

General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

State-owned enterprises directly under the central government

Type of instrument

Code of conduct or guideline

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners