The Management Board is responsible for adopting the CSR strategy, which is prepared by the holding company’s strategy department.
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The code of conduct, whistleblower arrangements and policy for reporting and handling incidents are discussed in the corporate governance section in this annual report, where information can also be found on Corio’s approach to risk management.
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Corio’s views on strategy for and ways of doing business responsibly both at home and abroad are in line with the principles expressed in various international covenants.
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Corio seeks to establish regular exchanges of information with stakeholders and to measure their expectations so as to ensure that its CSR policy is effective.
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A shopping centre is a public area, and that brings with it certain responsibilities.
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For many years, Corio has operated its shopping centres on the basis of its in-house formula, which combines a hands-on approach with detailed knowledge of the catchment areas and visitors.
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Corio seeks to maintain high quality in its centres and so insists on its suppliers meeting certain standards.
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Corio and the (local) government are dependent on each other in respect of plans for the future.
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Corio is in constant touch with its financial stakeholders, primarily its shareholders, who provide equity, and its lenders, who provide loan capital.
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Attracting and retaining high-quality staff and developing their knowledge and expertise are vital for Corio’s continuity and its ambition to achieve outperformance.
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