- home
- Corporate / Investor Relations
- Corporate Info
- CSR
PARCO formulated its Corporate Mission, “Creating futuristic, innovative spaces that brim with hospitality, providing an enjoyable experience for customers visiting our stores, and helping our tenants prosper,” in 1999.
In 2003, this idea was organized into a mission structure and circulated throughout the company. PARCO’s CSR program, based on this philosophy, is the embodiment of its Corporate Mission. PARCO considers its CSR initiatives to be “measures taken in the course of business to gain the trust and satisfaction of stakeholders, and enhance corporate value.” We believe that such measures, taken by all employees in all departments in the course of their duties, will lead to the sustained growth of PARCO.
PARCO defines a stakeholder in an original way. Stakeholders are not only the “customers” and “tenants” described in our Corporate Mission, but anyone in any of the following nine categories: 1. customers; 2. tenants; 3. employees; 4. shareholders and investors; 5. members of the local community and society; 6. trading partners; 7. landowners and leaseholders; 8. contract business partners; and 9. affiliated companies.
PARCO defines CSR measures as activities conducted in the course of our business activities. We employ the unique process outlined below to enhance corporate value by gaining empathy and support from stakeholders.
Chaired by a managing executive officer, the CSR Committee creates policies and action plans for PARCO Group CSR activities, supports external corporate communications, promotes internal information sharing (via the CSR Window e-meeting portal) and implements measures for cooperating with external companies and organizations.
The Committee is active across the company, holding discussions with all executive officers and cooperating with the Risk Management Committee, and all PARCO business divisions and group companies.
In accordance with risk management policies, the committee works to eliminate risks incurred in the course of corporate activities, assesses risks and develops countermeasures, and conducts internal awareness programs. It is also working to put in place an internal, cross- sectional control structure able to quickly respond to actual risks as they occur, including establishing a response headquarters for times of emergency, and conducting information management.
