This report is the 12th CSR report issued by the State Development Investment Corp. Ltd. or SDIC Company Group and We which systematically discloses the efforts of SDIC have made in economic social and environmental aspects. The reporting time range is from January 1 2019 to December 31 2019 and some content is beyond the range.
Bearing the brunt is the most fundamental social responsibility of central SOEs.
Over the past year we have insisted on the philosophy of addressing inadequacies for a better life and guiding the emerging industries changing the way and adjusting the structure and successfully realizing the transformation of old and new driving force. As of the end of 2018 the proportion of forward-looking strategic industry and financial service other services has amounted to over 50% and the company has successfully achieved transformation and development.
SDIC has set up Social Responsibility Working Committee with the Chairman of SDIC as the director and other leaders of Company as committee members, taking in charge of the decision-making and deployment of social responsibility work. The functional departments of SDIC are responsible for the promotion of relevant social responsibility in accordance with their own duties. The subsidiaries and the invested enterprises, under the unified deployment of the headquarters, actively promote social responsibility practices, ensuring the implementation of relevant efforts.
Corporate Social Responsibility Practice
SDIC Xiaosanxia Pow...
In July 2018 SDIC Xiaosanxia Power organized the release of
SDIC has always focused on the national development. In the major strategic issues such as leading edge development, coordinated regional development strategy, and "Going Global", SDIC has always played its advantages as state-owned capital investment company and led various social capitals to participate in economic and social development. SDIC consciously combines its development with ecological civilization development, targeted poverty alleviation and other strategic campaign related to people's livelihood, and promotes comprehensive, coordinated and sustainable economic, social and environmental development. In recent years, SDIC has paid great attention in the field of clean energy, increased investment in hydropower, wind power and photovoltaic, and vigorously developed biofuel ethanol.
Corporate Social Responsibility Communication
This report is the 12th CSR report issued by the State Development Investment C
SDIC has attached great importance to communications with stakeholders. It has conducted in-depth research on requirements and expectations of stakeholders, spared no effort to turn their pursuits into CSR action objectives and approaches. It has also established multi-level communication channels with stakeholders in an all-around way to broadcast corporate responsibility ideas and dynamic information relating to social responsibility fulfillment to stakeholders and strive to respond to their concerns. SDIC Released the Chinese version of Corporate Social Responsibility Report for 11 consecutive years, published the English version of Corporate Social Responsibility Report for 7 consecutive years, and released the first “SDIC Overseas Social Responsibility Report (1995-2017)”.The 2018 SDIC Corporate Social Responsibility Report elaborates on the new highlights, new breakthroughs and new achievements of SDIC's "Whole Heartedness Initiative" social responsibility brand building and social responsibility, and comprehensively summarizes the practices and achievements of SDIC in fulfilling political, economic, environmental, social and overseas responsibilities, showing a pioneering and enterprising SDIC.