CPN’s Biodiversity Management Policy aligns with its desire to operate with primary regard for communities and the surroundings so that related parties in the decision-making, location selection, planning, design, construction, removal, renovation, and project management processes under CPN’s responsibility may command management guidelines for the ecology and biodiversity that are legitimate and in line with CPN’s desire to be a good corporate citizen of society, communities, and the environment.
This policy forms part of the Corporate Governance Policy (under Section 3, Regard for Roles of Stakeholders, Subsection on Society, Communities, and Environment), which embraces 1) development and construction, and 2) property and organizational management operation. To this end, the ecology under its care and conservation means the area enclosed by each shopping complex and the periphery, including surrounding communities. Below are practical guidelines.
- Refrain from project development in restricted or conservation areas defined by law.
- Assess environmental impacts and report ecological and biodiversity risks with suitable processes before, during, and after project development, including renovation projects defined by law.
- With external experts, survey and investigate the ecology, while looking after and conserving plant and conserved-wildlife species around developed and constructed areas.
- Select construction materials or tools originating from legitimate sources that are safe, environmentally friendly, and lower greenhouse gas emission.
- Put in place measures to look after environmental, biodiversity, and ecological management, while valuing waste management and wastewater treatment to lower adverse impacts on the environment and biodiversity in all processes concerning development and operation.
- Value feedback from communities and stakeholders under human rights principles and consult directly affected stakeholders and agencies related to CPN’s project development so as to lower ecological impacts.
- Encourage employees and stakeholders to recognize business-related ecological and biodiversity impacts and cultivate awareness among employees of showing due responsibility.
- Disclose and convey this policy together with CPN’s measures to the public, tenants, business partners, related parties, and CPN’s directors, executives, staff, subsidiaries, associates, controlled companies, business agents, and their business partners, among others.
- Clearly inform communities and society about whistleblowing channels for practices potentially harming the ecology and biodiversity.