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CSR guideline spurs sustainable development in China |
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Monday, 14 April 2008 |
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The guidelines for CSR (corporate social responsibility) were released earlier this month, which urge industrial corporations and related institutions to shoulder social responsibilities to obtain sustainable development
The guidelines are issued by 11 national industrial federations and
associations, including the CFIE (China Federation of Industrial
Economics), a group of federations and associations engaged in iron,
steel, oil, chemicals, light industry, textiles, building materials,
non-ferrous metals, electric power and mining industries.
According to the guidelines, all industrial companies and industrial
federations of China should establish a CSR system in four sectors:
management, execution, information and supervision in order to run
business in a methodical and regulatory way.
Read the full article in the China Daily .
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