Corporate strategy

and ethics

Materiality

(3-1, 3-2)

For Fibra Danhos, building our business with a long-term vision while nurturing relations with our stakeholders has always been a priority.

Our ESG strategy was formulated on the basis of the risks and opportunities we identified in our November 2020 materiality analysis.

The methodology for this study, which was conducted by Deloitte, was as follows:

  • Analysis of the process by which the 2018 materiality study was conducted and the material issues identified, to adapt them in this current update.
  • Analysis and incorporation of studies on our industry and leading companies to determine the material issues for Fibra Danhos.
  • Review of ESG topics suggested by Fibra Danhos investors, to include them in the list of material issues.
  • Analysis of information, development of the matrix, and internal validation.

As the matrix at right shows, the ten priority issues that emerged from this study were:

  • Corporate governance
  • Diversity and inclusion
  • Risk and crisis management
  • Ethics and regulatory compliance
  • Climate change
  • Energy
  • Water
  • GHG Emissions
  • Waste
  • Biodiversity

ESG Strategy

Our ESG strategy is designed to respond to these ten priority issues, identifying the activities that contribute to each and developing specific goals and action lines to address them.

Through defined strategies and participation in sustainability initiatives, which have earned us a place in global sustainability indexes, we have put together a strategic model centered around three basic action lines: Environment, Social and Governance.

  • Environment
  • Social
  • Governance
Energy

(3-3, 302-4, IF-RE-130a.5)

Action 
lines

  • Optimizing air conditioning and elevator operating times.
  • Increase the installation of renewable energy sources in our portfolio.
  • Continue replacing traditional lighting for LED lighting in our buildings.
  • Develop energy quality studies to adjust equipment that consumes the most.
  • Deploy the BMS Automation, Monitoring and Control system in our buildings.

Parque Alameda

Targets

Increase renewable energy to 20% of our total consumption by 2030.

Progress in our green line

Further reduction in consumption of electricity (kWh) in common areas of the portfolio linked to our revolving green line of credit.

2022 
Achievements

  • We installed two solar panel arrays at Parque Delta and Parque Tepeyac, totaling 1,073 individual panels and 600 kW of installed power.
  • Approximately 65% of our lighting fixtures are already LED lights.
  • 84% of our properties have an intelligent building management control system (BMS).
  • We began working with an ESG data intelligence platform, which measures our energy consumption in real time, enhancing the transparency and reliability of our data.
  • We carried out an energy evaluation through an external consultant of the HVAC systems and retro-commissioning services in 7 of our properties in order to identify the current operating conditions and find areas of opportunity to reduce energy consumption.
  • $65 million pesos invested in environmental initiatives involving the efficient use of electrical energy, avoiding a consumption of approximately 41,633,261.52 kWh.
Climate change and emissions

(3-3)

Action 
lines

  • Improve quality and reliability of our ESG indicators.
  • Define strategies to create resilient properties according to a climate change vulnerability analysis.
  • Implement preventive maintenance of emergency generators and air conditioning equipment.
  • Operate mitigation plans in new buildings and expansion to adopt green areas and reforestation programs.
  • Monitor and report progress toward our emissions reduction targets.

Parque Lindavista

Targets

Commit to a Science-Based Target by 2025.

Obtain a sustainable building certificate for 80% of our office portfolio by 2025.

Urbitec

2022 
Achievements

  • Through our investment in environmental initiatives to improve energy efficiency, managed to avoid emitting the equivalent of 17,745 tCO2e.
  • We published our first TCFD disclosure estimating the impact of climate change on our operations. View it here
  • We calculated the first estimation of our scope 3 emissions inventory.
  • We have manatined the GRESB Green Star rating since 2019, the first year we participated in that benchmark.

Parque Duraznos

Water

(3-3, 303-1)

Action 
lines

  • Maintenance of wastewater treatment plants (WWTP) to reuse water in green areas and bathrooms.
  • Preventive maintenance and detection of leaks in our properties.
  • Replace traditional toilet fixtures with state-of-the-art water-saving fixtures.

Parque Puebla

Targets

Incorporate a wastewater treatment plant in every new development.

  • Target met since 2005

Reuse 50% of the water we treat in properties with a WWTP.

Carry out awareness-raising campaigns on water use for our tenants.

2022 
Achievements

  • We treated a total of 446,505 m3 of wastewater.
  • We have a new WWTP at Parque Tepeyac, with a capacity of 7.4 liters per second.
  • We reused a total of 154,543.9 m3 of water in toilets, cooling towers, and to water green areas.
Waste

(3-3, 306-2)

Action 
lines

  • Manage and correctly separate the waste generated in our properties.
  • Devise strategies for monetizing waste through alliances with recycling suppliers.
  • Properly handle hazardous waste.
  • Reduce the amount of waste sent to landfills.

Parque Vía Vallejo

Targets

Draft a manual and roadmap for correct management of waste, involving tenants in the effort.

Create awareness-raising campaigns for visitors to our properties.

Raise awareness of tenants and visitors to reduce their waste, especially non-recyclable and hazardous waste.

2022 
Achievements

  • We accompanied staff from the Ministry of the Environment on visits to our restaurant and fast-food tenants to make sure they were not using plastics or disposables in any of our properties.
  • We promote a circular economy through our recycling system, monitoring recyclable waste generated in our operations.
  • We created a plan with tenants at Torre Virreyes to continue optimizing waste management.

Parque Tezontle

Biodiversity

(3-3, 304-1, 304-2, 304-3, 304-4)

Parque Delta

We avoid destroying live organisms and their habits through rigorous planning of our activities and through conservation activities. All of our properties are located in previously impacted urban areas, so we do not affect any native flora or fauna. Once construction is complete, we plant native vegetation to support the biodiversity of each place.

Action 
lines

  • Maintenance and adoption of green areas and median strips around our buildings.
  • Have mitigation plans in place in building expansions and new projects.
  • Collaborate with organizations that work to protect biodiversity.

Torre Virreyes

2022 
Achievements

  • We assumed responsibility for maintenance and conservation of the two-hectare Parque de la Luz for another year.
  • We carried out pruning and protection of more than 400 trees.
  • We introduced more than 130 mitigation measures to remediate the impact of our new property, Parque Tepeyac.

Parque de la Luz

Diversity and inclusion

(3-3)

Action 
lines

Targets

Increase the percentage of women in management positions to 40% by 2030.

Train all personnel on sexual harassment and unconscious bias.

Create a roadmap for eliminating any type of discrimination in our operations and promote social inclusion.

2022 
Achievements

  • We signed the Women’s Empowerment Principles (WEPs) of the Global Compact and UN Women.
  • We were included in the ranking of Super Companies for Women 2022, a distinction presented each year by TOP Companies and Expansión magazine.
  • We conducted our first internal survey on diversity, inclusion and gender equity.
  • We made our annual donation to the Mujeres en Finanzas (MEF) foundation to encourage, support and promote women’s participation in the financial world.
  • We made our annual donation to the John Langdon Down foundation, supporting educational, medical and psychological care for children, teenagers and adults with Down Syndrome and their families.
Corporate governance

(3-3, 205-3)

Action 
lines

  • Develop sustainability training sessions for the entire governance structure.
  • Show exemplary conduct in compliance and antimonopoly issues.
  • Apply the highest standards of ethics in our business and operations.
  • Incorporate ESG criteria into the annual performance goals of senior management and decision-makers.

2022 
Achievements

  • We were members of the second generation of BIVA’s Chief Sustainability Officer (CSO) Acceleration Program. The program consisted of 60 hours of intensive learning to understand ESG strategy from conceptualization to verification, raising capital and compliance.
  • We showed exemplary behavior in regulatory and competition issues throughout the year, following the highest ethical standards in our business and operations, which was reflected in a record of zero corporate governance incidents for the year.
  • We are members of the ESG Committees of AMEFIBRA and the Mexican Stock Exchange.

Parque Toreo

Ethics and compliance

(3-3)

Action 
lines

Targets

Provide annual employee training on ethics, anticorruption and workplace violence.

Provide human rights training to all employees using the Global Compact platform.

2022 
Achievements

  • We have been recognized as one of the Super Companies 2022, places where everyone wants to work, a distinction presented each year by TOP Companies and Expansión magazine to companies who work constantly on their human capital, have the best and most innovative corporate practices and who promote a positive work environment.
  • We published our Protocol for Preventing, Addressing and Eradicating Workplace Violence to reinforce a safe work environment for all our employees.
  • We once again voluntarily participated in the Environmental Audit Program in nine of our properties, seeking to reduce our environmental impact and increase investment in environmental initiatives.
  • Zero incidents reported through our Ethics Hotline.
Risk and
crisis management

(3-3)

Action 
lines

  • Assess the non-financial risks to which our company may be exposed in order to identify, prevent and monitor them.
  • Have the Audit Committee continuously monitor mitigation and risk assessment measures.
  • Ensure process traceability focused on risk prevention.

Parque Alameda

Targets

Quantify the financial impact of climate change on our portfolio by 2025.

Train senior management and decision-makers on risk and crisis management.

2022 
Achievements

  • We published our first report based on TCFD, recommendations, in order to prevent and mitigate the physical and transition risks of climate change.
  • We offer annual training in cybersecurity, to reduce the possibility of cyberattacks and threats to sensitive information.