UNWAVERING SOCIAL RESPONSIBILITY

Commitment to the environment

(306-2, 307-1)

At Fibra Danhos, we know that population growth and economic development require a continual expansion of infrastructure, and this can affect the environment. We work to develop solutions for mitigating our impact, and we have systems that allow us to measure it in all of our activities.

To offset our own part in this impact, we promote a socio-environmental balance that enables us to continue building infrastructure while improving quality of life for society. We have an Environmental Policy (https://api.fibradanhos.com.mx/static/policy/2_envionmental_policy_2022_en.pdf), aimed at ensuring a rational, efficient use of natural resources necessary for the activities of the buildings we manage, and mitigating the impact of our operations on the environment. We comply fully with all Mexican environmental laws and regulations.

The pursuit of social responsibility is prominent among the fundamental values that determine our business focus and drive our value generation decisions, because we know that our future success, and our ability to remain an intelligent and safe investment for our stakeholders, depends on it.

We constantly monitor our consumption of energy and water, along with our emissions and waste, through a report that covers all of our properties. The report measures our impact and establishes annual reduction goals, first on an individual basis for each property and then consolidated to determine the impact of our operations as a whole.

Energy

(302-1, 302-3, 302-4, 302-5, 305-1, 305-2, 130a.1, 130a.2)

Since 2017 we have been applying and standardizing a form that must be filled out for all of our properties to record their total energy consumption based on bills from the power company (Comisión Federal de Electricidad, or CFE). In 2021, the organization’s energy consumption totaled 41.5 million KWh, higher than the previous year’s reading of 39.0 million KWh, because activities returned to normal in our shopping centers starting in the second quarter of the year.

We pursue various specific lines of action focused on efficient consumption of electricity in our properties, including automated power-up and shutdown times for elevators and escalators, optimization of air conditioning equipment hours, replacement of traditional lighting fixtures with LED lights, optimization of natural lighting and real-time monitoring through our Building Management System.

At the moment, all of our electrical energy sources are non-renewable, but we are exploring various alternatives in this regard.

According to the factor published in the National Emissions Registry on February 28, 2022, our emissions from the consumption of electrical energy were equivalent to 17,981.21 tCO2e, down from 19,086.28 tCO2e in 2020. This means indirect emissions totaled 0.02 tCO2e per square meter of gross leasable area.

Regarding our fuel use, we consumed 24,934 liters of diesel in emergency backup generators, compared to 11,455 in 2020, because we resumed normal activity starting in the second quarter of the year. This generated direct emissions of 70.032340 tCO2e; that is, 0.000079 tCO2e per square meter of total leasable area. In turn, the direct emissions caused by the 41 kilograms of R-22 refrigerant gases we used generated 72.16 tCO2e of direct emissions. This means that our total direct emissions were 142.19 tCO2e, that is, 0.00016 tCO2e p 1 tCO2e for every 6,246.87 m2 of total leasable area.

We have incorporated ESG criteria into our business strategy as a guiding principle; our properties are distinguished by their rational and efficient use of natural resources in their development and management.

RESPONSIBILITY
ENVIRONMENT

Energy consumption


Total consumption Emissions generated (tCO2e) Emissions per m2 of leasable area (tCO2e)
2021 2020 2021 2020 2021 2020
Electricity 41,532,892 KWh 39,000,000 KWh 17,981.21 19,086.28 0.02 0.02
Diesel 24,934 l 11,455 l 70.03 32.63 0.000079 0.01
Refrigerant 41 kg 14 kg 72.16 24.64 0.000081 0.000028
Total 18,123.96 19143.55 0.0002 0.00006

(130a.4,102-12)

Furthermore, for the third year in a row, this report contains information on our operations according to Global Real Estate Sustainability Benchmark (GRESB) standards, regarding our performance in the Management & Policy and Implementation & Measurement dimensions. In 2021, we obtained a score of 57 points, five points higher than the year before, so we maintained our Green Star distinction, which indicates a high rating in absolute performance.

Water

(303-1, 303-3, 303-4, 303-5, 140a.1, 410a.2)

Managing our water consumption is another important issue for Fibra Danhos. Most of our developments are located in the Mexico City metropolitan area, which is a water-stressed region. Because of this we are constantly monitoring and tracking our impact and taking initiatives to save as much of this resource as possible, watering only at night rather than in the day, regular maintenance of our water pumps, reducing water pressure in our properties and ensuring all bathroom facilities are in perfect working order.

Our operations have not affected the watershed regions where our real-estate developments are located, although in 2021 we identified operations close to water-stressed regions using the Water Risk Atlas tool developed by the World Resources Institute. In fact, this tool tells us that many of our properties are located in water-stressed regions.

Having already been aware of this, our projects incorporate wastewater treatment plants, even where they are not mandatory, and alternative rainwater capture systems for use in bathrooms, watering and cleaning. We have separate drains for wastewater and rainwater.

Our plumbing and sanitary facilities use water-saving devices: limited-flow showers and sinks, contact faucets, and reduced-capacity toilet tanks.

In 2021 we consumed a total of 754,591 cubic meters of water, compared to 661,145 m3 in 2019, a consumption of 0.70 m3/m2 of leasable area. Water consumption during the year came from the following sources:

Water (m3)


20212020
Public water supply (SACMEX)214,974278,452
Well water146,620104,896
Tanker trucks259,365175,915
Total consumption620,959559,262

The Mexico City water indicator is taken from internal monitoring by the Fibra Danhos maintenance staff, because in many locations the bimonthly water bill is not delivered or comes with a lag in billing months. This internal tracking is important, because sometimes we detect over- or under- payments to the city due to very high rates, and in these cases, we can take the necessary remediation actions as part of our process of continuous improvement in internal control.

In the vast majority of our buildings, demand for water is very high compared to the supply we receive—this is the case for Parque Lindavista, Vía Vallejo, Parque Delta, Parque las Antenas and Parque Tezontle.

In cases where we cannot meet all of our needs with water from the municipal supply, we order water tankers, for use in handwashing stations.

In most of our buildings we have wastewater treatment plants that supply bathrooms, watering of green areas and air conditioning cooling towers.

In most of our buildings we also have wastewater treatment plants that supply bathrooms, watering of green areas and air conditioning cooling towers. Of the total amount of water consumed, the wastewater treatment plants in our buildings treated the following amounts:

General Water Risk


  • Low
  • Medium-Low
  • Medium
  • High
  • Extremely High

Wastewater treatment (m3)

20212020
Total treated298,959313,908
Total reused210,266183,146
Treated not reused88,693130,762
% reused70%58%

The year-to-year difference in treated water is due primarily to differences in visitor traffic, which meant a lower amount of waste to be treated.

Starting last year, we have been reporting the SASB indicator on the percentage of our tenants that are separately metered for water withdrawals. This is covered in our leasing contracts, clause twelve of which stipulates that “billing for public water service, including, when applicable, installation of the outlet for the locale, must be paid on time by the Lessee. If the Lessor has already paid these amounts, the Lessee must reimburse the amount corresponding to the locale within 10 (ten) days of the date the respective payment has been requested.”

Water use vs. recovery

2021Total
Real consumption$37,697,702.10
Consumed recovered$35,592,877.60
Charged to actual bill$2,104,824.49
Percentage recovered94.42%

With this, we encourage our tenants to more responsibly manage their water consumption for the benefit of the environment because, as mentioned above, Mexico City is considered a water-stressed region.