CSR in 2010 and beyond
Corio accords a high priority to corporate social responsibility and we plan to outperform in this area in the medium term. We are convinced that by setting targets and conducting regular reviews of our progress, as well as by engaging proactive engagement with our stakeholders, we will achieve continuous improvement that will boost our overall performance with regard to our people, our planet and our profit. We intend to be as transparent as possible on relevant CSR issues to stakeholders, covering our investors, tenants, suppliers and all other interested parties. We will do this by means of an annual report, summaries in our quarterly results press releases and on our website. Our CSR policy and targets are determined and adjusted by the Strategy department at holding level on the basis of market and stakeholder analyses and feedback from our local operations in the business units, where every country has an active CSR committee.
We recognise the need to be transparent in monitoring our CSR performance and for our performance to be measurable. We have therefore set ambitious targets for the coming years. These targets will allow us to meet environmental and social challenges we face in the shopping centre business while also taking care of our economic objectives. We aim to create sustainable value, by setting short-, medium- and long-term targets. The targets can be found in the separate 2009 Social Responsibility report that will be published for the first time in April 2010. It is set up according to the GRI 3.0 standard, which will add to the efficiency of our reporting and help our stakeholders to understand in greater depth our CSR approach and performance.
In April 2010 Corio will publish a separate CSR Report
Source: Annual Report 2009, Chapter Corporate Social Responsibility, page 75 (PDF, 1.962 kB)
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