Fibra Uno informs its investors about updates to its ESG targets and policies

funo

Mexico City, June 28th, 2022 – Fibra Uno (BMV: FUNO11) (“FUNO®” or “Fideicomiso Fibra Uno”), the first and largest Real Estate Investment Trust in Mexico and Latin America informs regarding improvements and updates to its Environmental, Social, and Governance (“ESG”) strategy towards 2030, in which they added new targets to its current commitments:

 
Environmental:
  • FUNO® has met and exceeded its energy, water and emissions intensity reduction targets for 2030. In addition to these goals, a climate Science-Based Target to reduce carbon emissions and limit the world’s temperature will be adopted in line with the Paris Agreement, which will be submitted for SBTi’s approval in October 2022.
  • They will seek to have new sustainable or sustainability-linked debt.
  • FUNO® will reinforce the resilience and adaptation plan of its properties in order to face climate change.
 
Social:
  • By 2030, invest Ps. 160 million in projects with social impact in order to create positive effects in at least 300 communities where we operate.
 
Corporate Governance: 
  • Increase gender diversity in the Technical Committee to 10%. 
  • Increase independent members in the Technical Committee to 50%. 
  • Update the succession plan for all of FUNO®’s government entities. 
  • Training for members of the Technical Committee on ESG matters. 
  • Hiring of Jones Day, an independent global advisor to assess Fibra Uno Trust’s corporate governance practices, and where appropriate, issue the recommendations it deems pertinent. 

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Jorge Pigeon
VP Investor Relations
Phone: +52 55-41-70-70-70
 
Marimar Torreblanca
Miranda IR
Phone: +52 55-5282-2992

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