STSS corporate social responsibility capability maturity keeps leading the steel industry

Corporate Social Responsibility Capability Maturity Report of Chinese Listed Companies 2016 was released to the public recently. It was the second report co-edited by the Social Responsibility Committee of China Enterprise Management Research Association and Beijing Rongzhi Corporate Social Responsibility Institute to evaluate the corporate social responsibility capability of the listed companies in China. According to this evaluation, Shanxi Taigang Stainless Steel Co. Ltd. ranks 10^th among all the listed companies and has been the number one in the steel industry for two consecutive years.

 

Corporate Social Responsibility Capability Maturity is an index to measure the technology, skills and wills of the companies to achieve their social responsibility aims or expectations. In this report, the corporate social responsibility capability of all the A share listed Companies in Shanghai and Shenzhen stock markets were systematically evaluated in terms of social responsibility concept and strategy, promotion management of the social responsibility, creation ability of economic value, creation ability of social value, creation ability of environmental value and operation ability of regulation conformity transparency, the companies were classified into five grades from low to high rank such as incapable, weak, instinctive, strong and super ability. No company was listed in the strong or super ability ranks. STSS and BaoSteel were listed in the instinctive ability rank.

 

For the past years, STSS continued to deepen the understanding and the practice of the social responsibility, put the social responsibility management into the whole process of the corporate development strategy, business flow and operation management, released the social responsibility reports for 8 years successively, built up the perfect management system and working mechanism of the social responsibility, improved stably the capacity of social responsibility development. STSS adhered to the path of the value creation, promoted the transformation and upgrading of the products with innovated technology, developed vigorously high-end featured product, which should be exclusive, advanced and able to substitute for imported goods, kept chasing consumer desire, consistently led the upgrading of the product consumption, tried all the best to help the “Made in China” project; STSS always took the road of low carbon development, set up firmly the concept of “green mountains and clean rivers are the golden and the silver mountains ”, took the green development as the preconditions of company’s survival, the basis of development, new competitive force and profit growth points. STSS created the comparatively complete circulatory economy industrial chain of recycling solid, liquid and gas waste, made green development of the company do good to the whole society; STSS kept being on the harmonious and win-win path, held up the concept of building up the harmonious company together and sharing the development achievement together, tapped new communications with the stakeholders, promoted the development together with the investors, employees, customers and suppliers, won wide respect from all sectors of society.