Our ESG Strategy
In Mallplaza we are convinced that moving towards sustainability is the right path, which we confirm through our ESG Strategy, where we reflect our commitments in the different pillars, which are focused on improving our management and performance in the social, environmental and governance areas to generate positive impacts to all our stakeholders.
ESG Strategic Pillars
1. Promoting climate action
We want every day to move towards a more efficient, sustainable and circular management to contribute to the mitigation of the climate emergency, with three focuses:
• Energy efficiency and carbon footprint
• Water efficiency
• Circular economy and waste management
2. We enable capabilities for the empowerment of people.
We seek to generate opportunities for the autonomous development of each of our stakeholders, considering the following
focuses:
• Inclusive human development
• Opportunities for entrepreneurs
• Culture of all for all
3. We promote business activities of integrity.
We believe that to lead a regional and multicultural organization we must take care to act based on ethics and integrity without giving room for bad practices, focusing on three areas:
• Corporate Governance, Compliance and Integrity
• Risk management and Human Rights
• Supplier management
ESG Commitments
Through our commitments we advance in a more efficient, sustainable and circular management with a focus on climate action, the delivery of capabilities for the empowerment of people and the promotion of a business with integrity, contributing to the generation of opportunities and the construction of long-term relationships with all our stakeholders, including visitors, business partners, communities and employees.
1. Our electricity supply will be 100% renewable energy by 2026.
2. Decrease energy intensity of common spending by 22% by 2035, with 2019 baseline (kWh/GLA).
3. By 2030 we will eliminate the use of hydrochlorofluorocarbons (HCFCs) in our climate systems.
4. Reduce direct water consumption intensity by 30% by 2025, with 2019 baseline (m3/GLA).
5. By 2025, we will recover 60% of the waste generated by our malls.
6. By 2028, we will positively impact 1,000,000 people through our community programs and projects.
7. By 2028, 60% of our malls will be certified as inclusive spaces.
We invite you to read our latest version of the Mallplaza Integrated Report, where you can learn more in detail about our management and performance in the social, environmental and governance areas.