Corporate Social Responsibility
At Corio we are aware that our business activities have an effect on the economy, society and the environment and we have consequently made corporate social responsibility (CSR) an integral part of our long-term strategy and our organisation. This has implications, not only for decision making in the daily operations, but also for our investment activities. Corio has therefore incorporated CSR into its investment policy and we are confident that our approach will create added value for the company and its stakeholders. As a result of our CSR strategy and management, Corio has been included in the FTSE4Good series and been selected for inclusion in the Ethibel excellence Investment Register.
Corio’s strategy is to create and maintain sustainable favourite meeting places for consumers in our shopping centres. We want our employees to consider their workplace as a favourite meeting place too. The need to balance environmental, social and economic issues is becoming more critical in the decision making process of all stakeholders. To that end we have taken an active approach in embedding our views on CSR within our centres, within the Corio organisation as well as within corporate decision making. We take our responsibility in breaking the so called circle of blame: the phenomenon whereby parties in the real estate sector acknowledge the need for sustainability, but when it comes to taking responsibility, point towards each other.
In 2009 we formulated the following CSR building blocks and are in the process of applying these to the daily management of our shopping centres and in our workplaces.
Source: Annual Report 2009, Chapter Corporate Social Responsibility, page 72 (PDF, 1.962 kB)
Add to My report