The China Corporate Social Responsibility Development Index Report (2009), which is jointly issued by the Department of Economics of Chinese Academy of Social Sciences and the Economic Management Publishing House shows that the CSR index of foreign-funded enterprises in China lags far behind that of their Chinese counterparts.
Based on the evaluation of the CSR management and information disclosure levels of 300 companies, including the top 100 government-owned enterprises, the top 100 privately owned Chinese enterprises, and the top 100 foreign-funded enterprises; the report contains five conclusions. These are Chinese enterprises' CSR is still in the initial stage; the CSR index of foreign-funded enterprises lags far behind that of Chinese companies; most of the CSR leading companies are state-owned companies and foreign-funded companies account for the biggest part of the observers; the power industry takes the lead in CSR practice and most other industries are spectators; and, in general, responsibility management lags behind responsibility practice.
The 100 foreign-funded companies covered by the Report come from 17 countries and regions. Of these, 60% are companies with parent companies ranking among the world's Top 500 and they involve 13 different industries.
The researchers said the low CSR index of foreign-funded companies is mainly due to a lack of CSR disclosure in China.
