Feb 9 โ€ข 11:55 UTC ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico El Financiero (ES)

FUNO reduces emissions by 68 percent

Fibra Uno (FUNO) has achieved a significant reduction in emissions and resource consumption as it marks a decade of participation in the S&P Global Corporate Sustainability Assessment.

Fibra Uno (FUNO), a real estate trust managed by Gonzalo Robina, is celebrating its tenth consecutive participation in the Corporate Sustainability Assessment (CSA) conducted by S&P Global. This milestone comes just before the company's 15th anniversary in the Mexican market and reflects a broader trend in the real estate investment sector, where 77 percent of institutional investors are now incorporating environmental, social, and governance (ESG) criteria into their investment strategies, according to CBRE.

In the assessed period, FUNO has reported impressive reductions in its operational intensity, achieving a 68 percent decrease in emissions and a 77 percent reduction in energy consumption. Additionally, the company has lowered its water usage by 52 percent. These indicators exceed a 50 percent reduction in overall consumption trends. The organization's leadership is leveraging these evaluations to adjust their strategic planning, aiming to meet the ambitious target of net-zero emissions by 2050.

Remaining in the S&P Global's CSA index not only underscores FUNO's commitment to sustainability but also positions it favorably in a competitive market increasingly driven by ESG factors. As more investors prioritize sustainability in their portfolios, FUNO's initiatives may enhance its appeal and investment potential, reflecting the evolving demands of environmentally-conscious stakeholders in Mexicoโ€™s real estate landscape.

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