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GoldenBee CSR Network
March 2017

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2016 Top Ten International CSR Events

Since 2006, China WTO Tribune has set up an annual column of the top 10 CSR domestic and international events in the past year. The selection of the top 10 CSR events is based on news collection on daily basis and consultation with a group of CSR experts from government, enterprises, universities and research institutions, in order to make sure an open and transparent selection process as well as professionalism and authority of the list.

The Top Ten International CSR Events follows in the chronological order.
 
NO.1  CSR Europe releases the Blueprint for Embedding Human Rights in Key Company Functions
On March 16, CSR Europe officially released the Blueprint for Embedding Human Rights in Key Company Functions. The Blueprint integrates the human right issues into three key function departments (human resource, procurement and risk management) and defines six elements (cross-functional leadership, share responsibility, incentive, provide operational guidance and training, foster two-way communication, review, analyse and integrate) to provides practical support for embedding human rights. More
NO.2 SGX introduces “comply or explain” principle of sustainability reporting
On June 20, Singapore Exchange (SGX) introduced “comply or explain” principle of sustainability reporting to require enterprises add content related to practice of sustainable development in their reports. Local listed enterprises have to publish at least one sustainability report each year from 2018. More
NO.3 UN Global Compact launches the strategy “Making Global Goals Local Business”
On April 19, President Xi Jinping addressed on a symposium on cyber security and informatization that the meaningful wealth is the wealth that contributes to society. He stressed in the speech that only those shoulder social responsibilities are competitive and vigorous enterprises. More
NO.4 World Bank approves New Environmental and Social Framework
On August 4, The World Bank’s Board of Executive Directors approved a new Environmental and Social Framework (ESF). The approved ESF introduces comprehensive labor and working condition protection; an over-arching non-discrimination principle; community health and safety measures that address road safety, emergency response and disaster mitigation; and a responsibility to include stakeholder engagement throughout the project cycle. The framework is expected to go into effect in early 2018. More
NO.5 Rio Olympic Game held with sustainability management 
The 31st Summer Olympic Game was hosted in Rio de Janeiro, Brazil from August 5 to August 21. This Olympic Game turned on “economic affordable” mode with minimal budget to fulfill the mega events sustainability management, and has certified by ISO 20121:2012 Event Sustainability Management System – Requirements with Guidance for UseMore
NO.6 Samsung Galaxy Note 7 explosions triggers trust crisis 
In August, Samsung fell in to a trust crisis after battery explosion accidents were reported on Samsung Galaxy Note 7 after its debut. Samsung suspended sales of Galaxy Note 7 under public pressure on October 11, and suggested consumers to power it off and stop using the device. The crisis damaged Samsung’s brand image, and cost the company as much as $17 billion and hit the Korean stock market. More
NO.7 China, U.S. jointly ratify Paris Agreement 
On September 3, China and the United States----the two largest economies and carbon emitters--- jointly ratified the Paris Agreement. International community applauded it as a historic move towards global battle against climate change. In April 2016, more than 170 countries signed the Paris Agreement at the United Nations Headquarters in New York, aiming to control global Green House Gases emissions, curb the rise of temperature, and tackle climate change. On November 4, the agreement entered into force. 
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NO.8 Chinese enterprises in South Africa sign to boycott ivory and rhinoceros horn trade
On September 23, a day before the opening of COP 17 of the Convention on the International Trade in Endangered Species of Wild Fauna and Flora (CITES), 20 Chinese enterprises in South Africa signed to boycott ivory and rhinoceros horn trade in Johannesburg. The commitment was initiated jointly by China Construction Bank (Johannesburg branch), South Africa Rand Bank of Commerce, China House and Humane Society International (HIS). More
NO.9 ICAO passes the first aircraft carbon emission standard
On October 6, the 39th session of the International Civil Aviation Organization (ICAO) General Assembly has come to a consensus on a global market-based measure (GMBM) known as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The mechanism is the first adopted by an entire industry sector to curb carbon dioxide (CO2) emissions from international activity. More
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NO.10 GRI launches first global sustainability reporting standards
On October 19, Global Reporting Initiative (GRI) launched the GRI Sustainability Reporting Standards. The newly-released GRI Standards definitively replace the G4 Guidelines, which will be phased out by 1 July 2018. Compared with the G4 Guidelines, GRI Standards adopt modular structure, with items more concise and clarified. The disclosure standards become more flexible and compatible to diverse markets. More
About GoldenBee
GoldenBee is the pioneering network of CSR and sustainable development in China. It aims to: 
  • boost China's social responsibility development and sustainable development through consulting service, research and communication.
  • achieve the coexistence, win-win result and symbiosis between business and society
  • perform its mission with common vision, joint actions, cross-border cooperation and shared value.
  • be a collective brand for Chinese enterprises pursuing sustainable performance.
  • be the advocator, promoter, disseminator and service provider of CSR in China.

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