More and more Chinese companies are issuing CSR reports, according to a new report entitled Journey in Search of Value 2008 by Oxfam Hong Kong.
"There are increasing numbers of companies issuing CSR reports, but the quality of those reports leaves much to be desired," said Guo Weiyuan, general manager of Syntao, a consultancy firm that conducted the research. "Nevertheless, more and more people are paying attention to the reports."
Of the 150 reports researched from May 2007 to November 2008, half were issued by state-owned enterprises and mainly revolved around the areas of raw materials, finance, industry and energy.