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Guidelines on Social Responsibility for Industrial Corporations and Federations

China Current 2008

According to the guidelines, all industrial companies and industrial federations of China are encouraged to establish a CSR system in four sectors: management, regulations, information and supervision.

Issuer name

China Federation of Industrial Economics

Issuer notes

Engaged industries include iron, steel, oil, chemicals, light industry, textiles, building materials, non-ferrous metals, electric power and mining.

More information

The guidelines were issued by 11 national industrial federations and associations engaged in iron, steel, oil, chemicals, light industry, textiles, building materials, non-ferrous metals, electric power and mining. According to the guidelines, all industrial companies and industrial federations of China are encouraged to establish a CSR system in four sectors: management, regulations, information and supervision, in order to run business in a methodical and regulated way. The guidelines state that the content of a CSR report should cover eight aspects: public statement, scientific development, environmental protection, energy conservation, production safety, interests of employees, interests of stakeholders and social commonwealth. The guidelines recommend more than 80 key indicators related to economic performance, employment of employees, labor contract, production safety, social insurance, energy consumption and emission, environmental protection, company credit, etc. These indicators are encouraged to be disclosed in the CSR report.

Reporting resources

True

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

Industry scope notes

Industrial companies

Disclosure venue

Sustainability report

Status

Current

Country

China

Region

Asia Pacific

Date of publication

2008

Issuer type

Industry bodies, business associations

Reporting requirements

Guidelines and standards for non-financial reporting

Mandatory or voluntary

Voluntary

The geographical scope

National/federal

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