Research on the Relation between Corporate Social Responsibility Practice and Financial Performance under the Low Carbon Economy -From the case analysis of CNPC

摘要

This thesis is focused on the relationship between the low-carbon performance indicator and financial performance indicator of the oil enterprise with social responsibility from the case of the CNPC. In the short run, the role of environment protection assumed by the oil enterprise will cause the extra cost and subsequent lower financial performance. After the correlation analysis of CSR report of CNPC from 2006 to 2011, the result shows that taking social responsibility, developing low-carbon economy, improving the efficiency of energy utilization and cleaning the energy structure will bring positive influence on the enterprise financial performance. Therefore, in the long run, there is a significant correlation between the low-carbon performance indicator and financial performance.