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Sonae Sierra Sustainability Report 2011

Sonae Sierra Sustainability Report 2011

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Published by CSRmedia.ro Network
sustainability report Sonae Sierra
sustainability report Sonae Sierra

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Published by: CSRmedia.ro Network on Jun 24, 2012
Copyright:Attribution Non-commercial


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Eni, Enirnena an Sia Rer 
Seiaiss inreain…
SONAE SIERRAEconomic, Environmental and Social Report 2011
Global Reporting Initiative (GRI)Self-Declaration Statement
Further reference:
This report provides a comprehensive review of Sonae Sierra’s economic, environmental and social strategy and the Company’s performance in2011. We believe that this report complies with level A of the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines (G3.1:2011),both in terms of the report contents and performance indicators. Our compliance with the GRI Guidelines has been independently verified byDeloitte, whose assurance statement enables us to self-declare to GRI level A
.Two important developments took place concerning the GRI framework in 2011. In March, the GRI launched the G3.1 Sustainability ReportingGuidelines, which include expanded guidance for reporting on human rights, local community impacts and gender. In September, the GRIlaunched the Construction and Real Estate Sector Supplement (GRI CRESS). The GRI CRESS is a version of the GRI G3.1 Guidelines tailored forthe construction and real estate sector. It encompasses some specific performance indicators and disclosure requirements, as well as generalguidance, so as to ensure that companies in this sector report most effectively on the industry’s key economic, social and environmentalsustainability issues. Sonae Sierra has developed this report inline with the GRI 3.1 guidelines and has also followed the GRI CRESS whereverpossible. We have included a column in our GRI Content Index on pages 109 to 154toshow which of our GRI performance indicators have beenreported in line with the GRI CRESS. However, since these guidelines were only released in September 2011, we have not been able to applythem fully in the 2011 reporting cycle. We aim to do this in time for our next Annual Report, which is scheduled for publication in April 2013.
SONAE SIERRAEconomic, Environmental and Social Report 2011Back to main contents
Sonae Sierra is a specialist at the cutting edge of shopping centre development, ownership, management and thedelivery of services to third parties in markets as diverseas Europe, South America and North Africa.
Passionate about bringing innovation and excitement to the shopping industry since 1989, SonaeSierra has been interpreting trends and spearheading a movement that has defined the shoppingcentres of the future focused on the creation of unique shopping experiences. Through ourintegrated strategy of investment, development and property management, we have developeda unique understanding of the business and markets we operate in, and we have earned moreinternational awards than any other company in our sector.We have long recognised that environmental and social performance affects our financial results,and we believe that our long-term business success is dependent on all three dimensions: economic,environmental and social. We have pioneered the integration of sustainability principles into theshopping centre business and we are already reaping the benefits of this forward-thinking approach.This year we have chosen not to publish a stand-alone Corporate Responsibility (CR) Report, but todevelop a fully integrated Economic, Social and Environmental Performance Report. We considerthat this approach provides our stakeholders with a more robust and engaging account of ourcurrent strategy and our performance in 2011, and demonstrates how we encompass all threedimensions of performance into our day-to-day business activities.
Who We Are…
Centro Colombo,
Manauara Shopping,

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