CSR activities
Furthermore, at the United Nations Sustainable Development Summit of September 2015, the 2030 Agenda for Sustainable Development was adopted and the 17 Sustainable Development Goals and 169 targets were proclaimed. Through our CSR initiatives, the PARCO Group aims to contribute to the resolution of various social issues.
Society
"Customers," "store tenants," "employees," "shareholders and investors," "local communities and society," "land owners and leaseholders," and "suppliers" are all stakeholders in our business. Our goal is to gain the sympathy, understanding and support of these seven groups of stakeholders, so that we can enhance our corporate value.
Customers PARCO databases the range of feedback received from customers, and uses this input to improve services offered.
Store tenants Since PARCO shares common values with store tenants, we have a partnership in which we all can grow and develop.
Members of the local community and society at large PARCO has taken a wide range of measures to ensure both the peace of mind and safety of the people who visit our stores.
Shareholders and Investors PARCO is working to speedily supply information, based on transparency, fairness, and continuity, to its shareholders and investors.
Employees PARCO views employees not as “human resources” but as “human capital,” and considers each and every employee as an indispensable asset and a platform for future growth.
Environment
The PARCO Group recognizes global environmental issues as an important theme in its business activities in shopping centers and related fields. Through the promotion of environmental preservation activities, the Group seeks to leave a sustainable society for future generations. To this end, the Group aims to reduce the environmental impact of the commercial spaces it creates. These efforts include cooperating with tenants and other transaction partners, and making sure that customers and local communities are informed of the Groups activities and accept them.
Fundamental policy The PARCO Group recognizes that protection of the environment is an important theme in its business, and seeks to contribute to a sustainable society for future generations through the promotion of initiatives to reduce its environmental footprint.
Specific environmental initiatives As part of its commitment to the environment, the PARCO Group has introduced energy- and resource-saving initiatives and is taking steps to expand environmentally friendly commercial facilities. The group participates in national environmental campaigns and is certified by a number of local eco schemes.
Usage and emissions data The PARCO Group discloses data on energy and resource inputs including electricity usage, gas usage, and total water usage as well as outputs such as CO2 emission levels, recycling rate, and waste water volume.
Governance
We at PARCO are to constantly work to strengthen our system of corporate governance, recognizing that in order to enhance corporate value, we must: protect the rights and interests of our shareholders, build smooth relationships with stakeholders other than shareholders, preserve transparency in management, and establish an effective management oversight structure.
Corporate Governance We have established a corporate governance system that assures transparency and facilitating decision making and execution.
Compliance and Risk Management We establish a system to assure the suitability of our company, and promote of compliance and risk management initiatives.
Supporting local communities in the event of a disaster We carry out proactive, mutual assistance for local areas and neighboring businesses in the event of a disaster.
