Unpacking the Corporate Social Responsibility (CSR) of Chinese enterprises in Nepal
The Corporate Social Responsibility (CSR) report by the Chinese Enterprise Association of Nepal (CEAN) of 2024 is the third CSR report prepared that highlights Chinese enterprise's efforts in sustainability and social responsibility in Nepal.
Globally, CSR has been widely important to Chinese companies in recent years. According to Prof Jiangyu Wang of City University of Hongkong, before 2005 Chinese companies issued only a total of 22 CSR reports. Now in 2022, it has risen to 2,330 displaying China’s developing CSR landscape and its impact on Chinese enterprises.
For Chinese companies, CSR has become an important tool of communication between the government, enterprise, and society. In 2024, the central government of the PRC announced the “high standards of fulfillment of social responsibilities by state enterprises” highlighting the need for ente…