Among the A-share listed companies that disclosed their donation expenditures in 2016, 12 companies spent more than 50 million yuan on social contribution and charitable donations, and more than half of them spent less than 500,000 yuan on donations.

The above data is synthesized by the Research on Corporate Social Responsibility Reports of A-share Listed Companies 2017.

From January to May 2017, 792 A-share listed companies in Shanghai and Shenzhen*** disclosed their 2016 annual corporate social responsibility (CSR) reports (including sustainability reports), and the CEIBS Wealth Management Center and Shanghai University of Finance and Economics Accounting and Finance Big Data Research Center*** worked together to study and organize these reports, and then compiled a number of statistics reflecting the influence of the enterprise and social responsibility The report is available for investors' reference.

At the CEIBS Global Impact Investing Summit Forum held on December 1, 2017, the Research on Corporate Social Responsibility Reports of A-share Listed Companies 2017 was officially released. Rui Meng, a professor of finance and accounting at CEIBS, explained the CSR index in the report.

The Report pointed out that social contribution and charity is an important part of CSR.In 2017,*** 760 A-share listed companies disclosed their 2016 annual social welfare donation expenditures. Among them, 12 companies' donation expenditures exceeded 50 million yuan, and more than half of the companies' donation expenditures were less than 500,000 yuan. The average value of donation was 5.68 million yuan, and the median value was only 415,000 yuan, the level of donation was uneven, and the gap between companies was large.

It is also worth noting that companies disclosing donation expenditures accounted for only about a quarter of the total number of A-share listed companies.

From the chart above, you can see the number of companies that donate in each interval. 760 companies that have released data, donation expenditure of more than 5 million yuan *** 115 companies, donation expenditure of 0 yuan *** there are 131 companies.

The report also concluded that from the perspective of social contribution and charitable donations, listed companies in the east, listed companies in the financial sector and state-owned enterprises have a higher degree of participation and amount of investment.

By industry, the industry with the highest average donation expenditure is the mining industry, amounting to 39,821,400 yuan, while the median is only 670,500 yuan, the gap between companies within the industry is large; the industry with the largest median donation expenditure is the financial industry, amounting to 7,951,100 yuan, and its average expenditure is 19,811,200 yuan, second only to the mining industry, and the industry as a whole has a higher donation expenditure, the gap is relatively small .

By organizational form, state-owned enterprises had the highest average donation expenditure of 6,876,100 yuan, while the median was the smallest at 319,800 yuan; by geography, the eastern region had the highest average donation expenditure of 6,969,200 yuan, while the western region had the largest median donation expenditure of 600,500 yuan.

The report pointed out that only about one-fourth of A-share listed companies have disclosed their CSR reports, and the overall disclosure ratio is at a relatively low level, with still much room for increase.

In 2017, 792 A-share listed companies in Shanghai and Shenzhen*** disclosed their 2016 CSR reports, an increase of 49 companies from the previous year, or about 6.59% year-on-year. Among them, 63 companies disclosed their CSR reports for the first time, up slightly from 55 companies in the previous year.

Social responsibility reports are a very important piece of non-financial information released by listed companies in the capital market, and play an important role in analyzing and tracking listed companies and understanding how they maintain their corporate image. Social responsibility reports help to improve the information environment of the company, which in turn helps external investors to make decisions.