A positive story of foreign companies helping Chinese firms and localities achieve higher energy efficiency and greener development. China needs to see a lot of these take hold in the country. From China Daily:
Due to its efforts in governmental programs and incentives for local partners, BASF was named one of the top global companies in CSR (corporate social responsibility) performance in China in 2007. The award was given late last month by the magazine Foreign Investment in China, which operates under the guidance of the Ministry of Commerce.
BASF and SEPA also co-sponsored a gasoline engine testing lab in 2005. In the new diesel lab, BASF supports the project financially and is providing technology and R&D expertise.
The two entities are working together at the lab to study and identify selected industries to undergo what is known as “eco-efficiency analysis” developed by BASF that looks at a product not in isolation but in the context of how it is used and in comparison with alternative products. [Full Text]