China's Energy Investments and the Corporate Social Responsibility Imperative
![handle is hein.journals/jilwirl6 and id is 213 raw text is: China's Energy Investments and the Corporate Social
Responsibility Imperative
WOJTEK MACKIEWICZ WOLFE* AND
ANNETTE S. LEUNG EVANS**
I. INTRODUCTION .............................................................................. 83
II. CNPC's MOTIVATIONS FOR COMPLIANCE ................................... 87
1. THE MARKET-BASED REGIME .................................................. 88
2. DOMESTIC REGULATORY AND CIVIL LIABILITY REGIMES........... 93
3. INTERNATIONAL REGULATORY AND QUASI-REGULATORY
R EGIM ES ..................................................................................... 95
III. AVAILABLE CSR NORMS THAT CAN BE IMPLEMENTED BY CNPC .. 96
IV. How CNPC COULD COMPLY WITH INTERNATIONAL
C SR N ORM S....................................................................................... 102
V. CONCLUSION: THE NEXT STEPS FOR CNPC..... ........... 107
I. Introduction
The China National Petroleum Company (CNPC) is technically a private
corporation. However, CNPC is a state oil company of the People's Republic
of China, a central state-owned enterprise that is the direct successor to the
Ministry of Petroleum Industry.' Although there is an official split between
the Chinese Communist Party (CCP) and the Chinese national oil companies,
observers such as Erica Downs recognize that they do maintain a symbiotic
relationship: many of the key company executives also hold positions in the
Central Committee of the CCP.2
The views expressed in this article are those of the authors, and do not reflect the views of their
respective employers.
* Assistant Professor, Political Science, Rutgers University. Prof. Wolfe is also the author of
Winning the War of Words: Selling the War on Terror from Afghanistan to Iraq, published in 2008 by
Praeger Security International. His areas of research include US foreign policy, US-China
relations, and East Asian politics. Prof. Wolfe is currently writing a book on China's energy
diplomacy.
** J.D., L.L.M. (Temple). Ms. Leung Evans has also studied at Temple University Japan (Tokyo)
and at Hong Kong University. She specializes in cross-border transactions involving Asian
corporations. Having previously practiced in the area of commercial acquisitions and finance at
a Philadelphia law firm, Ms. Leung Evans is currently an attorney with ARAMARK
Corporation, where she focuses on commercial contracting. Ms. Leung Evans would like to
thank Professor Sophie Smyth for her valuable comments on early drafts of this paper.
'China National Petroleum Corporation, History, online: <www.cnpc.com.cn/en/aboutcnpc
/companyprofile/history/ default.htm> [CNPC, History].
2Erica S. Downs, China's 'New' Energy Administration (2008) The China Business Review
@ 2011 Journal of International Law and International Relations
Vol. 6, No. 2, pp. 83-108 ISSN: 1712-2988.](ViewImageLocal?handle=hein.journals/jilwirl6&div=12&collection=&method=preview&ext=.png&size=3)
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China's Energy Investments and the Corporate Social Responsibility Imperative
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