Frequently Asked Questions

Primer on Sustainability Reporting
As corporate reporting on environmental, social responsibility and economic performance has evolved, the types of reports discussed above are increasingly being described as sustainability reports.

By using the GRI Applications Level system. Upon completion of your report check it against the GRI Applications Level criteria. There are three levels in the GRI Applications Level system, C, B, and A. Plus (+) level status is available at each level (C+, B+, A+) and indicates that external assurance was utilized for the report. Criteria for each level reflects wider coverage of the GRI Reporting Framework (Guidelines and Supplements).

The Sustainability Reporting Guidelines are the core elements of the Reporting Framework. They outline content that is broadly relevant to all organizations regardless of size, sector, or location. All organizations seeking to report using the GRI framework should start with the Guidelines.

The Reporting Framework is made up of the Sustainability Reporting Guidelines. The components contain reporting principles, guidance, and standard disclosures that are generally applicable to all businesses, non-profits, public agencies, and other organizations large and small, across all geographies and regions.

GRI is an Amsterdam-based organization that utilizes an international multi-stakeholders process for creating and reviewing a set of sustainability reporting performance indictors. Today the GRI sustainability reporting guideline is recognized to be the most widely-accepted and referenced standard for preparing and publishing sustainability reports.

Sustainability reporting is a process for publicly disclosing an organization's economic, environmental, and social performance. Such reporting satisfies the needs of shareholders, customers, communities, and other stakeholders for information about overall organizational performance.

The term "sustainability reporting" is synonymous with triple bottom line (TBL) reporting, citizenship reporting, social reporting, and other terms that encompass the economic, environmental, and social aspects of an organization's performance.

As corporate reporting on environmental, social responsibility and economic performance has evolved and gained wider acceptance, the types of reports discussed above are increasingly being described as sustainability reports. These reports cover matters typically required by a sustainability framework, such as the Global Reporting Initiative's (GRI) Sustainability Reporting Guidelines on environmental, social and economic performance.

About the Integrated Annual & Sustainability Report
CHI embarked on a process to identify, measure, and report its sustainability performance utilizing international guidelines for creating more concise, more useful, and more performance-oriented indicators of its sustainability practices.

CHI expanded the scope and level of detail on this year's reporting. This year's report accounts for the company's history, its business, the organization and the management systems adopted. 
The report not only covers the financial and operational performance as highlighted in the regular annual reporting but also addressed sustainability indicators covering the following aspects:

  1. corporate social responsibility; 
  2. health and safety of its workforce;
  3. initiatives to achieve customer satisfaction
  4. managing environmental impact of its projects (energy and water usage, waste and biodiversity management)

The information included in CHI's report is self-declared.  The company attained application level C for reporting the minimum required profile and performance indicators of GRI. 
Its integrated and annual sustainability report was subjected to reviews on:

  1. quality assurance using the Deloitte and Touche Sustainability Reporting Scorecard; and
  2. compliance using the Global Reporting Initiative (GRI) G3 framework, guidelines and indicators

CHI follows a generally-accepted reporting framework for financial reporting. With a similarly accepted framework for the sustainability report (GRI G3 guidelines), CHI's report, is considered to have the attributes of credibility, consistency and comparability.

By referring to the reporting framework, CHI has taken the initial step to report on matters relevant to the company's stakeholders. It also simplifies report preparation and assessment, as it helps both the company and its stakeholders gain greater value from sustainability reporting. 

CHI’s report was based on 52 GRI indicators, as follows:


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The company's objectives, targets and programs on key result areas are defined in the company's Corporate BSC which consolidates all the initiatives of the business and corporate services groups relevant to the requirements of the company's QEHS MS. Communicating and reporting the results of CHI's performance uses the TBL approach which is also aligned with the standards of the existing management systems.

The alignment is summarized in the table below:

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The integration of the systems has served as an effective mechanism across all levels of the organization in putting sustainability at the center of the company's operations

CHI seeks to attain and maintain responsible competitiveness in its areas of excellence by implementing international standards both in performance management and reporting.  As part of the company's continual improvement, CHI aims to:

  1. Ensure organizational competence on sustainability – focusing on development programs especially on employees assigned to the areas where sustainability practices make the most difference;
  2. Design, plan, and implement strategic stakeholders' engagement; and
  3. Utilize a specific reporting strategy to set targets for improvements in performance. 
QEHS Management Systems
A system that conforms to international standards against which the companies system will be measured and evaluated.

CHI's QEHS MS certification is valid for three years from the date of issuance or until April 19, 2009.  This means that surveillance audits are to be done by the certifying body at least once a year, aside from the internal QEHS audits done by our internal auditors.  In our case, we had opted for twice a year surveillance audits.

To ensure that the  integrated management system or QEHS MS is documented, implemented, maintained and continually improved, certified companies, including CHI must undergo internal audits as well as surveillance audits by the certifying body, at regular intervals. 

CHI’s Three certification number are as follows:

  • Quality – 7017 IQ
  • Environment – 7017 IE
  • Occupational Health and Safety – 7017 IHS

You may refer to the certificates for validation. 

Certification International, Phils.

Design and development for construction management in real estate development, commercial center operations and management, and property management.

About CHI's Environmental Initiatives
Ensuring the sustainability of the livable communities by enhancing the quality of the environment, and to influence the surrounding communities.

For us, a business should not only be measured by its financial performance but how its operations are tailored to lessen its impact on the environment and the communities that surround it and are interacting with it.

We are in the business of building livable communities and ensuring the sustainability of these livable communities by enhancing the quality of the environment, and to some extent, to influence the surrounding communities. 

That is why we make sure that facilities and amenities are in place:

  1. Open landscaped areas that are more than what is prescribed that will serve as the community's lungs;
  2. Separate drainage and sewer systems;
  3. Wastewater treatment plants to treat the wastewater to acceptable levels prior to discharge and eventual reuse; and
  4. Efficient lighting

On top of these, our property management is in place to ensure that all are working as intended, thereby enhancing the value of the property. 

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The 2011 Regular Annual Stockholders' Meeting.