CSR reporting by Chinese and Western MNEs: patterns combining formal homogenization and substantive differences

Ervits, Irina

doi:10.1186/s40991-021-00060-y

International Journal of Corporate Social Responsibility

Table 2 Differences and similarities in the CSR reports based on the four themes in Chinese and non-Chinese companies (quantitative analysis)

From: CSR reporting by Chinese and Western MNEs: patterns combining formal homogenization and substantive differences

Fortune Global 500 rank	CSR report year	Company name	CSR theme categories %
Financials/Banks			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
22	2015	Industrial and Commercial Bank of China	35	7	14	44
28	2016	China Construction Bank	8	29	4	59
38	2015	Agricultural Bank of China	28	7	31	34
42	2015	Bank of China	29	8	22	41
172	2015	China CITIC Bank	23	7	21	49
251	2016	China Minsheng Banking	23	7	24	46
329	2015	China Everbright Group	12	5	59	24
Average			23	10	25	42
Non-Chinese enterprises
48	2015	J.P. Morgan Chase	19	4	25	52
61	2015	Wells Fargo	35	10	29	26
62	2015	Bank of America	26	5	25	44
Average			27	6	26	41
Financials/Insurance			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
39	2016	Ping An Insurance	27	8	16	49
51	2016	China Life Insurance	37	9	16	38
Average			32	9	16	44
Non-Chinese enterprises
13	2015	United Health Group	50	4	6	40
128	2016	MetLife	10	16	21	53
Average			30	10	14	47
Financials/Real Estate			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
307	2016	China Vanke	34	5	25	36
Average			34	5	25	36
Non-Chinese enterprises
441	2015	Brookfield Asset Management	22	1	48	29
Average			22	1	48	29
Energy			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
2	2015	State Grid	24	11	23	42
3	2016	Sinopec group	22	14	33	31
4	2015	China National Petroleum	12	11	40	37
274	2015	China Huaneng Group	24	5	50	21
276	2015	Shenhua Group	20	10	40	30
Average			20	10	37	32
Non-Chinese enterprises
7	2015	Royal Dutch Shell	18	4	44	34
10	2015	Exxon Mobil	19	10	35	36
12	2015	BP	13	11	37	39
16	2015	Glencore	17	9	36	38
Average			17	9	38	37
Engineering and Construction			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
24	2015	China State Construction	27	8	28	37
103	2016	China Communications Construction	32	7	26	35
190	2015	PowerChina	22	10	35	33
Average			27	8	30	35
Non-Chinese enterprises
227	2016	Vinci	43	11	15	31
281	2015	ACS	24	15	24	37
Average			34	13	20	34
Automobile			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
68	2015	Dongfeng Motor	25	9	24	42
Average			25	9	24	42
Non-Chinese enterprises
7	2015	Toyota	22	5	41	32
10	2015	Daimler	11	16	43	30
12	2016	GM	11	14	25	50
16	2014/15	Ford	17	13	36	34
Average			15	12	36	37
Technology/Computers			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
226	2015/16	Lenovo	9	6	56	29
Average			9	6	56	29
Non-Chinese enterprises
9	2015	Apple	4	5	66	25
Average			4	5	66	25
Technology/Electronics and Communications			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
83	2015	Huawei	9	6	48	37
Average			9	6	48	37
Non-Chinese enterprises
15	2015	Samsung	9	10	28	53
Average			9	10	28	53
Telecommunications			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
47	2015	China Mobile	19	14	24	43
241	2015	China United Network	24	0	23	53
Average			22	7	24	48
Non-Chinese enterprises
19	2015	AT&T	19	0	31	50
32	2015	Verizon	11	9	26	54
Average			15	5	29	52
Aerospace and Defense			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
162	2016	Aviation Industry Corp. Of China	31	9	31	29
Average			31	9	31	29
Non-Chinese enterprises
60	2015	Boeing	30	5	19	46
Average			30	5	19	46
Wholesalers			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
136	2016	COFCO	12	13	41	34
143	2015	Sinochem	22	20	28	30
205	2017	Noble Group	13	16	33	38
Average			16	16	34	34
Non-Chinese enterprises
20	2016	AmerisourceBergen	31	13	16	40
35	2016	Cardinal Health	2	1	74	23
Average			17	7	45	32
Chemicals			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
211	2015	ChemChina	18	9	40	33
Average			18	9	40	33
Non-Chinese enterprises
196	2015	Dow Chemical Company	11	16	40	33
Average			11	16	40	33
Materials/Steel			Social	Ethics	Environmental	Stakeholders
Chinese enterprises
204	2016	China Baowu Steel Group	68	13	13	6
Average			68	13	13	6
Non-Chinese enterprises
156	2015	ArcelorMittal	11	6	39	44
Average			11	6	39	44
t values			1371	0,869	−0,846	−0,876

Source: own authorship based on the analysis of 53 CSR reports

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