Grupo Acosta Verde
Annual Financial Report 2021
With a firm commitment to the sustainable management of the Company, for the second consecutive year we share with all stakeholders the performance of Acosta Verde, S.A.B. de C.V on material environmental, social, and corporate governance (ESG) topics.
In addition to this document, the 2021 Annual Sustainability Report will be published in accordance with different methodologies such as the Global Reporting Initiative (GRI) Standards, the GRI Construction and Real Estate Sector Supplement, the Sustainability Accounting Standards Board (SASB) indicators applicable to the real estate and real estate services industry and, for the first time, following the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to disclose maturity in the management of climate-related risks and opportunities.
ESG Strategy
In 2021, the ESG Strategy was developed to focus efforts and ambitions on the issues that are most relevant to Acosta Verde and its stakeholders.
The ESG Strategy is composed of four strategic pillars, which include 18 topics of which eight are material issues and 10 are strategic goals.
Material Topics
Environmental
Acosta Verde has a strong commitment to society through the care of the planet and the proper management of resources. Environmental preservation is one of the key areas of focus of the Company’s ESG agenda.
Energy
To supply energy and lighting to the common areas of the Sendero Plazas and corporate offices, we use electricity from fossil fuels. Total energy consumption in 2021 was 91,772 GJ.
Emissions
Acosta Verde measures the greenhouse gas and compound emissions generated from its activities, in accordance with Mexico’s environmental regulation and the reporting requirements of the National Emissions Registry. In 2021, the Company’s carbon footprint totaled 12,601 tCO2e.
Water
During the year, the Company’s water consumption was 434,558 m3, equivalent to 434 megaliters. To make the best use of this vital resource, 87,696 m3 were recovered and reused mainly for irrigating green areas.
Wase
The waste generated in the Sendero Plazas comes mostly from tenants’ operations and visitors’ activity. In 2021, Acosta Verde’s non-hazardous waste amounted to 6,570 tons, of which 352 tons of cardboard were recycled.
Social
Employees
Acosta Verde has 332 employees who bring their talent, professionalism, effort, and dedication every day. The Company is strongly committed to the development of all team members, fostering a respectful and inclusive work culture where everyone can grow develop under equal conditions.
Workforce breakdown by state
Training and development
All employees have access to tools, courses, and training to develop their professional skills and abilities. In 2021, the Company launched Learn It, a digital training platform designed for each employee to choose what adds value to their professional and personal development.
During the year, 315 employees underwent performance evaluations to identify areas of opportunity in training and development, and to follow up on the fulfillment of individual goals and objectives.
We also implemented Life Beyond Work (LBW), a program that certifies leaders and employees in soft and management skills, allowing them to develop the know-how to work in a remote and flexible culture.
Health and Safety
Employee well-being has always been a priority for the Company, which has become even more important due to the current pandemic.
In 2021, within the Sendero Plazas, we continued to implement the guidelines established by local, state, and federal authorities, such as the use of antibacterial gel, temperature screening and the use of signage, as well as following the robust internal protocols to prevent the spread of COVID-19.
We also comply with NOM-035 standard for identifying, analyzing, and preventing psychosocial risk factors and promoting a favorable workplace environment within the organization.
During the year, employees at the Sendero Plazas worked in person, while corporate employees worked remotely for most of the year (when it was possible to do so).
Community engagement
Acosta Verde is committed to the communities where it operates, regularly carrying out social activities for the benefit of thousands of visitors and neighbors of Plazas Sendero.
This year, Plazas Sendero hosted 122 community engagement events and initiatives focused on social inclusion, support for vulnerable groups, health promotion, development of opportunities, guidance to prevent gender violence, promotion of culture and care for the environment.
In 2021 Acosta Verde put at the disposal of the health authorities six Plazas Sendero to serve as COVID-19 vaccination centers.
