FRISA Consciente: Building the Future, Mindful of the Present.
FRISA Consciente: Construyendo el Futuro, Conscientes del Presente.
At Grupo FRISA, with over 65 years of experience in developing housing, industrial parks, shopping centers, and tourism projects, we continue to evolve toward sustainability. This commitment reflects our dedication to the responsible management of resources. We aim to have a positive and lasting impact on the communities and environments in which we operate, through initiatives such as promoting energy savings, conserving natural resources, enhancing our governance practices, and strengthening relationships with our stakeholders, with the overarching goal of mitigating the impact of our operations.
What have we done?
In 2022, the Company’s Board of Directors resolved that our operations must adopt Environmental, Social, and Governance (ESG) criteria to expand the reach of the various social responsibility efforts we have pursued for years and to transition toward sustainable development and carbon neutrality. In pursuit of this goal, the ESG Committee was formally established.
Among the core responsibilities of this body are the analysis and reflection on case studies and national and international experiences, with a focus on resource savings, to help us adopt and sustain best practices in key areas of real estate development, such as sustainable finance, the creation of green infrastructure, the certification of our properties under recognized sustainability standards, and the integrated management of water resources (IWRM) and municipal solid waste (MSWM).
"FRISA Consciente" is the name of the corporate sustainability program created by the ESG Committee to embody this vision of progress and improvement, and to coordinate the Company’s efforts aimed at generating a positive social and environmental impact, both within our operations and for the planet.
These actions reflect our commitment to building not only for the present, but also for a greener, more sustainable, and inclusive future.
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For a better Planet
In alignment with the United Nations and the 2030 Development Agenda, we focus on 9 of the 17 Sustainable Development Goals (SDGs) defined by the organization.
Focus on sustainable practices to reduce environmental impact across all developments.
Integration of social criteria into projects to promote inclusion and community well-being.
Strict adherence to our Code of Ethics to ensure transparency and accountability.
Identification of ESG risks to ensure responsible and safe real estate development.
Implementation of sustainability strategies at every stage of new projects in the leasing business.
We aim for our buildings’ design and construction to be certified for energy efficiency and emissions reduction.
We prioritize green spaces and conservation areas in real estate and tourism developments.
Responsible use of water resources and adoption of water-saving and reuse technologies.
Implementation of waste management and recycling programs in commercial and industrial properties.
Commitment to biodiversity conservation and ecosystem protection in tourism developments.
Commitment to sustainable development and improving the quality of life in local communities.
Investment in educational and training programs to promote local growth and employment.
Support for social and health initiatives that benefit communities near our developments.
Sustained growth with limited reliance on bank financing.
Collaboration with nonprofit organizations to address social and environmental challenges.
Promotion of diversity and inclusion across all areas of the company and its projects.
Transparency in decision-making and communication with all stakeholders.
Implementation of policies and practices to prevent corruption and promote business integrity.
Respect for human and labor rights across all operations and business relationships.
Ongoing evaluation and improvement of corporate governance practices to maintain high ethical standards.
