Exploring the Path and Methodology for Establishing a Sound Regulatory Framework for Corporate Social Responsibility Reporting

Abstract

In recent years, as international market exchanges have accelerated, the concepts of sustainable development and social responsibility for enterprises have gained traction. In China, these concepts have also become increasingly important, as the country seeks to align itself with the international community. However, despite several years of development, the disclosure of corporate social responsibility (CSR) reports in China still lags behind. This can be attributed to several factors, including the relative lack of laws, regulations, and systems, weak awareness among corporate entities, and low quantity and quality of report releases, resulting in a poor impact. To address these issues, the author conducts a vertical comparative analysis of system evolution, highlighting various problems in the practice of CSR reporting in China. Additionally, by drawing on the experiences of other parties, the author proposes measures to improve relevant legislation and systems. Ultimately, the author hopes to explore a feasible path for CSR reporting in China that responds to national conditions and aligns with economic and social development trends, through the regulation of non-financial information disclosure systems.