The Implementation and Reporting of Corporate Social Responsibility in Malaysian Chemical Industries
Abstract
Objective: The first objective of this article is to map the CSR reporting in Malaysian chemical industries while second objective is to assess the CSR reporting in Malaysian chemical industries based on types of company, types of product and service, as well as indicators reported
Method: This study focused on the 626 chemical companies in Malaysia that are registered with the Federation of Malay- sian Manufacturers (FMM), the Chemical Industries Council of Malaysia (CICM) and the Companies Commission of Ma- laysia (SSM). The annual reports of the recent year (i.e. 2014) were the primary sources. The data gathered and analyzed were the types of company, types of product and service and indicators reported their reports
Result: Out of 626 chemical companies, only 208 companies have disclosed their CSR initiatives and all PLCs disclosed their CSR initiatives compared to MNC, SME and Non-PLC. The chemical companies that produce multiple products and services are more likely to disclose their company reporting. There are 62 indicators were reported by 208 chemical com- panies in their company reporting.
Conclusion: The results reported in this article provide an overview of CSR reporting in Malaysian chemical industries.
Keywords: corporate social responsibility, chemical industries, environment, social, economy
Full Text:
PDFRefbacks
- There are currently no refbacks.