corporate social responsibility in hk: a socio-political perspective
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香港中文大學
Corporate Social Responsibility in HK: A Socio-Political Perspective
Prof. Kin-man CHAN Director, Centre for Civil Society Studies
Hong Kong Institute of Asia-Pacific StudiesThe Chinese University of Hong Kong
Data on Corporate Social Responsibility in HK• CSR Survey of Hang Seng Index Constituent
Companies 2009 – Oxfam Hong Kong• Caring Company Scheme – Hong Kong
Council of Social Service
• Survey documents the CSR policies and initiatives of the 42 Hang Seng Index Constituent Companies in 2009
• Dimensions of CSR: CSR strategy and reporting, stakeholder engagement, workplace quality, environmental performance, supply chains, and community investment
• Strength:– High level of stakeholder engagement except trade union
• Weakness: – A significant gap in CSR performance between the best and worst
performing companies– Weak in environmental performance, e.g. no tangible reduction
targets– Very weak in supply chain management (ethical procurement)
• 2,217 companies and organizations are awarded. Among them, 986 are small and medium size enterprises (SME) in 2011
• For the Caring Company Award , corporate must at least fulfill two criteria in each of the three scopes (Caring for the Community, Caring for the Employee, Caring for the Environment)
• Strength:– Friendly way for SMEs to engage in CSR– Majority achieved Caring for the Employees
• Weakness: – Very low hurdle for joining – the case of LINK-REIT– Weak in Caring for the Community (47.3% achieved Mentoring Charity
Organizations and 36. 2% achieved Employing the Vulnerable in 2011)– Weak in Caring for the Environment (35.8% achieved Green
Partnership and 23% achieved Environmental Label or other recognition in 2011)
CSR as an indicator of state-market-society relations
• Laissez-faire economic system• Corporatism and state-business ruling nexus• SMEs and weak trade union
Political decay and the growth of anti-business sentiment after 1997
• Accusations of “land/property hegemony”• Anti-rich sentiments• Anti-business sentiments
香港中文大學
Failed attempts of the corporate sector to reach out?
• Caring Company Scheme• Community Care Fund• “Love Ideas, Love HK” of Li Ka Shing
Foundation
香港中文大學
Challenges from multiple fronts•LINK Watch•Oxfam research on listed companies•SACOM and its campaign on OEM factories (OEM stands for original equipment manufacturer) in China
Positive developments•Social enterprise and impact investment: Wofoo Social Enterprise•Investor activism: The promotion of socially responsible investing, like ASRiA•More local intermediaries working on CSR, like Community Business established by local founder Shalini Mahtani
Challenges from multiple fronts and some positive developments
香港中文大學
Restoring CSR and corporate citizenship to its rightful place
Conclusion:
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