Fibra Uno and Terrafina Lead the Development of ESG Strategies

Fibra Uno and Terrafina lead in ESG strategies among real estate investment trusts, while Nova, Storage, and Upsite lag behind in their sustainable initiatives, according to Miranda Partners.

Leadership in ESG strategies: Fibra Uno and Terrafina. Lagging behind: Nova, Storage, Upsite. Photo: Terrafina

01/26/2022

Fibra Uno and Terrafina lead the development of ESG (Environmental, Social, and Corporate Governance) strategies among their peers, according to Miranda Partners. The report identifies Nova, Storage, and Upsite as the most lagging real estate investment trusts in the development and communication of their sustainable initiatives.

Within the Real Estate Investment Trust (REIT) sector, Fibra Uno and Terrafina stand out in the development of ESG strategies, as stated in the report "The New Leaders and Laggards of ESG" by Miranda Partners. "Terrafina has caught up with Fibra Uno as the leader in the REIT sector.

The laggards are the only companies in the sector that have not yet started developing ESG strategies," the report states. On the other hand, the report identifies Nova, Storage, and Upsite as the most lagging real estate investment trusts in the development and communication of their ESG initiatives.

"Measuring and comparing ESG performance among companies from different sectors (even within the same sector but with different corporate structures) is not an easy task.

Read the full article in Spanish

Latam

Mexico

National

CRE

Fibra Analytics

Fibras

ABOUT SiiLA

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.