The Mexican Association of Real Estate Fibers (AMEFIBRA) reported that at the end of 2022, its affiliates have a Gross Leasable Area (GLA) of six million 154 thousand 791 certified square meters, associated with environmental or sustainability issues.

Companies strive to obtain certifications that validate the mechanisms implemented, building trust among interest groups and highlighting the actions undertaken to improve efficiency in the Mexican real estate sector, he said.

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For example, Fibra Uno was recognized by Sustainalytics as the top 6 companies with ESG practices in Latin America and was once again included in the Total ESG S&P sustainability index of the Mexican Stock Exchange. 84.2% of its properties called "commercial" operate a water treatment plant.

While Terrafina was recognized in the S&P Sustainability Yearbook as a member of Industry Mover and Fibra Educa celebrated the link to sustainability of the first syndicated loan for 5,785 million pesos.

Fibra Prologis started a clean energy pilot program (solar panels) in 10 of its properties and joined the commitment of net zero emissions by 2040. For its part, Fibra Danhos installed, in 2022, 600 kWp of renewable energy; Likewise, Fibra Storage installed solar panels in its branches.

Finally, Fibra Hotel was recognized by the Science Based Target Initiative as a company committed to creating science-based targets.

In recent years, Environmental, Social and Governance (ESG) issues have taken a central role in the strategy of organizations, given an increase in the expectations of the different interest groups.

The Fibras have established strategies for the management and disclosure of performance in this area, while 73% already have a strategy for incorporating ESG issues in their value chain, including both suppliers and contractors.

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In Governance issues, 60% reported that they have a crisis response and management plan, an increase of 13% compared to 2021.

Regarding Environmental issues, 87% monitor their waste generation and their Greenhouse Gas emissions, improving their control and monitoring by 14% compared to the same period last year.

Finally, in the Social sphere, 9,268,203 people were benefited through community outreach programs and close to 61 million pesos have been invested in social or community impact programs.

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Original note