【Top 10 CSR Events in China】No.1 CSR model becomes the requirement for central SOEs to build world-class model enterprises

NO.1 CSR model becomes the requirement for central SOEs to build world-class model enterprises

On January 25, the State-owned Assets Supervision and Administration Commission of the State Council of the State Council (SASAC) held a symposium on the establishment of world-class model enterprises by central state-owned enterprises(SOEs), and 10 enterprises made speeches, including China Aerospace Science and Technology Corporation (CASC), China National Petroleum Corporation (CNPC), State Grid, China Three Gorges Corporation, China Energy, China Mobile, China National Aviation Holding Company (CNAH), China State Construction Engineering Corporation (CSCEC), CRRC Corporation Limited (CRRC) and China General Nuclear Power Corporation (CGN). The SASAC clearly stated in the notice on relevant matters concerning the establishment of world-class model enterprises by central SOEs that world-class enterprises should be "three  frontrunners", "three pacesetters" and "three models". Among them, the "three models" refers to Chinese enterprises can rank top in terms of practicing new development philosophy, fulfilling social responsibility, and building global famous brand image.

Reason for listing:

To cultivate world-class enterprises with global competitiveness is the requirement of the 19th National Congress of the Communist Party of China for SOEs. A deep understanding and correct grasp of the characteristics of world-class enterprises are the key for central SOEs to plan their next specific actions and find their own path to become world-class enterprises. In the new era when social responsibility becomes a new element of global competition, and sustainable development becomes the golden key to solving global problems, it has been an inevitable choice for central SOEs to become world-class enterprises with higher position, broader vision, and more pragmatic actions, which will also drive more Chinese enterprises into the world stage and become a global benchmark.

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http://www.sasac.gov.cn/n4470048/n10286230/n13241199/n13241204/c13369357/content.html