OREANDA-NEWS. April 09, 2012. Recently, Fortune releases 2012 "Top 100" of Chinese corporate social responsibility, including 50 domestic and 50 foreign investment in China. Baosteel Co.,Ltd. is ranked third among 50 domestic companies and first among 12 domestic raw material industry companies. This year is the second consecutive year that Baosteel is awarded this honor and the ranking rises from fifth to the third place, reported the press-centre of Baosteel.

China Corporate Social Responsibility "Top 100" is co-produced by Fortune and InnoCSR (Shanghai). The list aims to enhance Chinese corporate social responsibility awareness and encourage healthy competition of enterprises in the field of social responsibility and eventually establish company shared values. The list was first released in 2011.

Baosteel Co.,Ltd. has always attached great importance to corporate image and social responsibility. As a listed company, it pursues returns and contribution to society and investors. During the past 10 years since listed, the annual cash dividend ratio is not less than 40% of net profit. Baosteel Co.,Ltd. makes efforts to solve environmental problems. Apart from continuing to increase environmental investment and actively improving the environmental quality, it also the exclusively releases within industry the "Green Declaration" and "Product Environmental Statement". Meanwhile, Baosteel Co.,Ltd. actively involves in social welfare undertakings and establishes "China Baosteel Environment Prize Foundation".