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Social responsibility and resource extraction: Are Chinese oil companies different?

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  • Pegg, Scott

Abstract

In order to meet China’s rapidly increasing demand for oil, Chinese oil companies have been investing in oil production around the world. This article addresses one specific aspect of the more generalized fears expressed about China’s increasing demand for natural resources which is the impact that its oil companies will have on the corporate social responsibility (CSR) movement. In doing so, it limits its analysis to the three main Chinese oil companies: the China National Petroleum Corporation (CNPC), the China Petroleum and Chemical Corporation (Sinopec) and the China National Offshore Oil Corporation (CNOOC) and their investments in sub-Saharan Africa.

Suggested Citation

  • Pegg, Scott, 2012. "Social responsibility and resource extraction: Are Chinese oil companies different?," Resources Policy, Elsevier, vol. 37(2), pages 160-167.
    • Handle: RePEc:eee:jrpoli:v:37:y:2012:i:2:p:160-167
    DOI: 10.1016/j.resourpol.2011.01.002
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    References listed on IDEAS

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    1. Virginia Haufler, 2010. "Disclosure as Governance: The Extractive Industries Transparency Initiative and Resource Management in the Developing World," Global Environmental Politics, MIT Press, vol. 10(3), pages 53-73, August.
    2. Kolstad, Ivar & Wiig, Arne, 2009. "Is Transparency the Key to Reducing Corruption in Resource-Rich Countries?," World Development, Elsevier, vol. 37(3), pages 521-532, March.
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    Cited by:

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    2. Csomós György, 2017. "Cities as command and control centres of the world economy: An empirical analysis, 2006–2015," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 38(38), pages 7-26, December.
    3. J. Brad Gatlin, 2012. "An Examination of Strategic Philanthropy and CSR Communication Patterns among the World’s Twenty-One Largest Oil Companies," International Journal of Business and Social Research, LAR Center Press, vol. 2(5), pages 113-121, October.
    4. Symeou, Pavlos C. & Zyglidopoulos, Stelios & Williamson, Peter, 2018. "Internationalization as a driver of the corporate social performance of extractive industry firms," Journal of World Business, Elsevier, vol. 53(1), pages 27-38.
    5. Botelho, Tatiana & Magrini, Alessandra & Schaeffer, Roberto, 2014. "Plumbing the depths: Utilizing O&G reserve profiles to develop forward-looking risk assessments for exploration and production activities," Energy Policy, Elsevier, vol. 69(C), pages 489-500.
    6. Bezzola, Selina & Günther, Isabel & Brugger, Fritz & Lefoll, Erwin, 2022. "CSR and local conflicts in African mining communities," World Development, Elsevier, vol. 158(C).
    7. J. Brad Gatlin, 2012. "An Examination of Strategic Philanthropy and CSR Communication Patterns among the World’s Twenty-One Largest Oil Companies," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 2(5), pages 113-121, October.
    8. Pedersen, Rasmus Hundsbæk & Kweka, Opportuna, 2017. "The political economy of petroleum investments and land acquisition standards in Africa: The case of Tanzania," Resources Policy, Elsevier, vol. 52(C), pages 217-225.
    9. Van Alstine, James & Barkemeyer, Ralf, 2014. "Business and development: Changing discourses in the extractive industries," Resources Policy, Elsevier, vol. 40(C), pages 4-16.
    10. Tang-Lee, Diane, 2016. "Corporate social responsibility (CSR) and public engagement for a Chinese state-backed mining project in Myanmar – Challenges and prospects," Resources Policy, Elsevier, vol. 47(C), pages 28-37.
    11. Elisa Giuliani & Chiara Macchi, 2014. "Multinational corporations’ economic and human rights impacts on developing countries: a review and research agenda," Cambridge Journal of Economics, Oxford University Press, vol. 38(2), pages 479-517.
    12. Klepikov, Vladimir Pavlovich & Klepikov, Vladimir Vladimirovich, 2020. "Quantitative approach to estimating crude oil supply in Southern Europe," Resources Policy, Elsevier, vol. 69(C).
    13. Wang, Qiang & Li, Rongrong, 2016. "Sino-Venezuelan oil-for-loan deal – the Chinese strategic gamble?#," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 817-822.
    14. Heloïse Berkowitz & Marcelo Bucheli & Hervé Dumez, 2017. "Collectively Designing CSR Through Meta-Organizations: A Case Study of the Oil and Gas Industry," Journal of Business Ethics, Springer, vol. 143(4), pages 753-769, July.
    15. Veldhuizen, Caroline & Desouza, Kevin C. & Bandara, Wasana & Chang, Artemis, 2022. "How much is not enough: Corporate social responsibility and beyond in the resources sector," Resources Policy, Elsevier, vol. 79(C).
    16. Ibrahem Alshbili & Ahmed A. Elamer & Maha W. Moustafa, 2021. "Social and environmental reporting, sustainable development and institutional voids: Evidence from a developing country," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 881-895, March.
    17. Qi Wen & Jin Li & Kevin M. Mwenda & Daniel Ervin & Maya Chatterjee & David Lopez‐Carr, 2022. "Coal exploitation and income inequality: Testing the resource curse with econometric analyses of household survey data from northwestern China," Growth and Change, Wiley Blackwell, vol. 53(1), pages 452-469, March.
    18. Kimiagari, Salman & Mahbobi, Mohammad & Toolsee, Tushika, 2023. "Attracting and retaining FDI: Africa gas and oil sector," Resources Policy, Elsevier, vol. 80(C).
    19. Ramírez-Orellana, Alicia & Martínez-Victoria, MCarmen & García-Amate, Antonio & Rojo-Ramírez, Alfonso A., 2023. "Is the corporate financial strategy in the oil and gas sector affected by ESG dimensions?," Resources Policy, Elsevier, vol. 81(C).
    20. Giuseppe Scandurra & Antonio Thomas, 2023. "The SDGs and Non-Financial Disclosures of Energy Companies: The Italian Experience," Sustainability, MDPI, vol. 15(17), pages 1-17, August.
    21. E. Shvarts & A. Pakhalov & A. Knizhnikov & L. Ametistova, 2018. "Environmental rating of oil and gas companies in Russia: How assessment affects environmental transparency and performance," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1023-1038, November.
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    More about this item

    Keywords

    China; Africa; Oil; Chinese oil companies; Corporate social responsibility;
    All these keywords.

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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