Parques industriales en México

Actions

Vesta is committed to reducing the environmental and climate impact in our developments and operations, for the benefit of our tenants, the real estate industry, and the communities where we operate.

Vesta understands that, considering the characteristics of our core business, our stakeholder participation is key to achieving the sustainable development goals established by our environmental strategy. We also promote a culture of care and preservation of the environment, biodiversity and natural habitats where do we operate.

Therefore, Vesta strives to:

Reduce the environmental impact of our developments by fostering continuous improvement practices in bioclimatic design and real estate construction.
Measure and reduce our water and energy consumptions by promoting the use of innovating technologies.
Promote waste reutilization and/or recycling of materials from our developments, as well as disposing of waste adequately depending on classification, thus mitigating our impact on local and national landfills.
Participe and implement mitigation initiatives and adapting to climate change.
Our business does not affect protected natural areas, areas of high biodiversity value, or endangered species habitats.

Sustainable Construction

Our developments are built by contractors based on the specifications of the Vesta Sustainable Construction Manual, which was drafted in 2012 in collaboration with a strategic partner and in accordance to international sustainable construction standards. Likewise, we measure the impact of our contractors before, during, and after they do their work by asking them to fill out a checklist that considers environmental, social, and governance topics. The Manual describes strategies to be used in designing industrial parks aimed at reducing environmental impact during construction, once the building is in use, and during its future demolition. These actions include:

Water

Energy and
Atmosphere

Material and
Resources

Indoor Environmental
Quality

Innovation
in Design

Sustainable
Sites

Climate Change and Resilience

Recent years have shown us that local and global conditions can change at any time, therefore at Vesta we seek to be more resilient by strengthening our processes and structure to be prepared for any adversity, including climate risks (TCFD, 2017).

To address the environmental issues in an orderly fashion, since 2018 we have conducted an environmental diagnosis of all our properties in order to determine what areas require short- medium- and long-term action plans. This creates the groundwork for our organization, tracking and reporting of main environmental indicators for common and leased areas. Since 2019, we have begun to identify climate change risks that are directly related to our operations in order to define a strategy and action plans to manage risks and take advantage of those that can become opportunities.

Vesta recognizes the reality of climate change, and to identify the status of our climate-related financial information we conducted a maturity analysis in order to report on our risks and opportunities in this area, in keeping with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Through this analysis, we design a matrix of transitional, physical and social risks that impact each department of the company, which will allow us to lay the foundations for our resilience and climate change strategy.

At Vesta we show our commitment to the Paris Agreement, through the following actions:

Reduce our carbon footprint and promote renewable energy in our portfolio
We establish long-term objectives and processes to reduce our carbon footprint
We manage our climatic risks, through the identification, description, prevention, mitigation and attention actions, with the support of the most important departments of the Company.

Leed Certification

At Vesta we promote the use of eco-efficient technologies that have the lowest water and energy impacts, by implementing LEED Certification (Leadership in Energy and Environmental Design). This international standard enabled us to reduce energy and water consumption and foster these sustainable practices with our main stakeholders.

In addition, all of our new inventory buildings were built in accordance with our internal “eco-efficient” guidelines, with which we underline our commitment to preserving the environment.