We are very pleased to present this integrated 2019 report for Fibra Danhos, in which we demonstrate our responsibility and commitment to being a company that fully complies with the highest environmental, social and corporate governance (ESG) standards.
For two years now we have prepared our report in accordance with GRI indicators, incorporating an increasing a number of aspects so that we can remain profitable as a company, while at the same time evolving to become a socially and environmentally responsible company as well. We are aware of the need to continually expand infrastructure to meet the needs of a growing population and economy. For this reason, and given our area of business, we work to create solutions that can help mitigate our impact, and systems that help us measure it in all the activities we carry out.
In environmental aspects, we are particularly attentive to our management of energy, water and waste, the most important components of our operations and those which directly affect the activities of the properties we manage.
Although our consumption of electricity grew slightly over the previous year —in line with the growth of our portfolio— if we look at our consumption in same-development terms, we actually consumed less. And starting next year we expect to reduce this further, as we begin using renewable energy.
Managing water consumption is another key concern for Fibra Danhos. We are constantly monitoring and tracking our water footprint and introducing initiatives to save substantial amounts of this vital resource.
Waste management is also a key element of our approach to environmental care, because it is one way we can positively influence our value chain. We have a method for responsible separation and disposal of 100% of the waste generated in all our operations.
One tangible sign of our environmental commitment is our implementation of AIM software, which will enable us to comprehensively manage all our properties. By 2020, this software will be fully installed, with the corrections incorporated form its first phase of operation.
In the area of social responsibility, we create positive impacts by being a profitable company and creating jobs, but we also offer our employees a comprehensive compensation and benefits package that exceeds the regulatory minimum, and with this we try to attract and retain the best talent and help improve their quality of life. In addition to competitive salaries, we offer benefits beyond what the law requires, like a savings fund and major medical insurance.
Because one of our priorities is to encourage fluid communication with our employees, every year we conduct an opinion survey to obtain the feedback we need from them to affirm our policies and strategies and thus create a good working environment characterized by well-being, safety and health, and where human rights are fully respected.
Our suppliers are key allies, and involving them in our sustainability strategy is a target we are constantly working towards. We know how important it is to have an excellent supply chain, so we try to manage it properly and bolster relations with our suppliers in order to reduce potential risks and expand our sphere of influence.
On the matter of corporate governance, we know that this is the framework within all the other elements are managed. Accordingly, at Fibra Danhos we have assigned various human resources the task of incorporating ESG factors into our decision-making. The committee in charge of this area is headed by the Chief Financial Officer, Chief Legal Officer, and head of Investor Relations, as well as an independent advisor.
We have financial, environmental and social targets, as well as various policies that address each of the material aspects of our management. First, the Code of Ethics, which establishes the foundations for the performance of all members of the Fibra Danhos family and everyone with whom we have relations. We also have specific policies like Diversity and Inclusion; Occupational Safety; Environmental Protection; Anti-Corruption; Sustainable Sourcing; Stakeholder Relations and Sustainability; Recruitment, Selection and Hiring of Personnel; and a Supplier policy.
We invite you to read this report and share with us our progress, our challenges and opportunities, so that we can become increasingly better as a company, for all our stakeholders and for our country.
For our High Level
of Sustainability
