CSR now a 'done deal' in business [China]

Author: Xin Zhiming, China Daily, Published on: 8 November 2007

Business leaders and politicians vowed to put more emphasis on corporate social responsibility yesterday at the two-day 11th Business Week CEO Forum...Jenny Shipley, former prime minister of New Zealand...[said] "In order for corporations to continue to be reputable,...they've got to be seen...to be delivering [in]...eco-influence or socio-influence areas that are meaningful."..."The social aspect is about giving back to society and helping society," he [Edgar Hotard, chairman of Monitor Group (China)] said, citing China National Offshore Oil Corp's [CNOOC] programs to help underdeveloped areas through funding and its staff...Niu Gensheng, chairman of Mengniu Dairy Group, said that while many Chinese firms have yet to reach a stage where they can shoulder the cost of corporate social responsibility, it gave priority to the environment from the start...[also refers to DHL Express Asia-Pacific.]

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Related companies: CNOOC (China National Offshore Oil Corporation) Deutsche Post DHL (part of Deutsche Post) Mengniu Group Monitor Group