Five years after joining the New York Stock Exchange Sustainability Index, Mallplaza has been recognized among the leading companies for its economic, social and environmental performance.
19 December 2023.- Mallplaza’s ESG management was once again acknowledged in the results of the Dow Jones Sustainability Index, considered the global index on the matter.
In the report, Mallplaza was invited to participate in the assessment of the Chile and MILA categories, managing to remain in both indexes for the fifth year running. The score obtained for 2023, after being evaluated in the areas of governance, environment and social performance, ranks Mallplaza among the 6% best Real Estate companies in the world.
“Having urban centers committed to caring for the planet has been Mallplaza’s conviction for over a decade and is a decision that is at the heart of the business strategy. Today our company – which owns one of the best portfolios of urban centers in the region, with 25 Plazas strategically located in 16 cities, of which 10 are Tier A – has decided to renew sustainability efforts and announce seven management commitments through 2035 in the areas of climate action, social empowerment and integral business activities,” said Mallplaza Corporate Affairs Manager María Irene Soto.
These commitments, which are part of Mallplaza’s ESG strategy, are: 100% renewable energy supplies by 2026; reducing energy intensity of common expenses by 22% in 2035 versus baseline 2019 (kWh/GLA); eliminating the use of hydrochlorofluorocarbons (HCFCs) in air conditioning systems by 2030; reducing the intensity of direct water consumption by 30% in 2025 versus baseline 2019 (m3/GLA); recycling 60% of waste produced in its urban centers by 2025; having a positive impact on 1 million people by 2028 through social programs and projects; and lastly, certifying 60% of the company’s urban centers as inclusive spaces by 2028.
“We continually listen to our stakeholders and adapt quickly to new trends and technologies as they develop in the world. For example, our buildings incorporate increasingly higher environmental standards, starting in the construction phase,” María Irene Soto explains.
In line with the above, the company also seeks for this triple-impact ESG management to be reflected in the experience that its different audiences of interest have with its urban centers. Thus, for example, in environmental matters its spaces are LEED or EDGE certified, endorsing their efficiency and significant savings in water and energy consumption. In addition, Mallplaza implements comprehensive waste management that covers what is produced by the mall’s operation, its tenants and its visitors, who also have different green and clean points available that they can use to recycle.
On social issues, the Plaza Emprende program allows the company to give opportunities to entrepreneurs so they can sell their products in physical spaces such as fairs, modules and stores. At the same time, Mallplaza is moving forward to ensure its urban centers are inclusive spaces.
