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FIBRA Terrafina published its first ESG Evaluation Report
FIBRA Terrafina became the first real estate trust in Mexico to publish an ESG Evaluation Report conducted by S&P.
The trust aims to reduce greenhouse gas emissions from its tenants by 20% by 2030.
The photograph depicts the word ASG encompassing the environmental factors it entails. Photo: BigStock.
06/01/2023
FIBRA Terrafina, a real estate investment trust specializing in industrial properties in Mexico, has published its first ESG Evaluation Report conducted by S&P. This makes it the first real estate trust to publicly release such a report.
The document highlights how environmental, social, and governance (ESG) factors can impact its stakeholders and potentially have direct or indirect financial implications for the company.
FIBRA Terrafina has set a goal to reduce greenhouse gas emissions from its tenants by 20% by 2030, primarily through its commitment to enhancing energy efficiency and obtaining green certifications for new developments and acquisitions.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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