▌ Introduction to CSR Social Responsibility Report

Corporate social responsibility (CSR) means that while enterprises create profits and bear legal responsibilities to shareholders and employees, they also have to bear responsibilities to consumers, communities and the environment. Corporate social responsibility reports are systematic information disclosures of the company's philosophy, system, measures and performance in fulfilling its social responsibilities, and are an important vehicle for communication between companies and stakeholders.

▌ GRI Social Responsibility Reporting Standards

In the GRI-G3 third generation reporting framework, it defines the content, quality and boundaries of the report. For example, various precautions, indicators, projects, etc., also covers the company's values, policies, operating management systems, goals and other contents.

In addition, as a reporting standard, companies can disclose according to GRI guidelines:

1. Strategy and overview, management policy, performance indicators;

2. Economic performance (e.g., financial burden and other risks of institutional activities caused by climate change, compensation limits of welfare plans, direct economic value, market share, indirect economic impact, etc.);

3. Environmental performance (e.g. energy, water, biodiversity, emissions, wastewater, products and services, transportation, etc.);

4. Labor practices and reasonable work performance (e.g. employment, labor-management relations, occupational health and safety, training and education, diversity, etc.):

5. Human rights performance (e.g. investment and procurement measures, non-discrimination, child labor, forced labor, etc.);

6. Community (e.g. bribery, public policy, compliance with regulations, anti-competitive behavior, etc.);

7. Product liability (e.g. customer health and safety, customer privacy, product and service labels, etc.)

Benefits of CSR reporting

● It is conducive to enterprises strengthening communication with external stakeholders, promoting stakeholder participation, establishing a responsible corporate image, and improving the company's reputation and competitiveness.

● Systematically summarize the corporate social responsibility practices, promote the dissemination of corporate responsibility concepts within the company, increase the company's financial security, and reduce operational risks.

● Ability to meet the requirements of governments, industry associations, external advocacy organizations and customers.

● Continue to pay attention to the needs of stakeholders and achieve a win-win situation for the company and stakeholders

▌   CSR Report Preparation Process

Step 1 - Report preparation

Establish a report writing organization system with clear division of labor and responsibility, led by senior management and covering the entire company; hold a company CSR system training meeting to clarify the report writing tasks and

Division of labor;

Step 2 - Research phase

Conduct stakeholder research on report preparation to understand stakeholders' expectations and evaluations of the company. Help companies identify future risks and promote management improvement.

Step 3 - Data collection stage

Clearly define the topics disclosed in the report and the scope of entities covered

Establish a data collection and statistics system for social responsibility reports - a list of report materials

Conduct research and interviews with stakeholders;

Step 4 - Report writing

Write the report content according to the compilation basis, determine the report design style, and provide timely communication and feedback

Step 5 - Release Phase

The trend is to independently publish corporate social responsibility reports

The basic requirement for publishing is diversification of publishing channels

Timely publicity and promotion to ensure timely access by the public

Step 6- After-sales maintenance

Policy services, knowledge training, one-stop service