Investor Presentaiton
Contents
LETTER FROM OUR CHIEF EXECUTIVE
OFFICER AND TECHNICAL COMMITTEE
CHAIRMAN
Letter from our Chief
Financial Officer
About
FibraShop
Our 2021 Annual
Sustainability Report
03
FIBRA
SHOP
Letter from our Chief Executive Officer
AND TECHNICAL COMMITTEE CHAIRMAN
GRI 2-14, 2-22
To our investors:
I am very excited to present FibraShop's second Annual Sustain-
ability Report, for the year 2021. Behind this exercise is a whole
team of employees who dedicated themselves wholeheartedly to
reviewing, documenting, measuring and evaluating all of our ESG
actions in order to draft a new report: more robust, with new dis-
closures, with commitments and targets that are measurable in ev-
ery respect, but, as before, with absolute transparency and a break-
down of information property by property, considering the needs
and concerns of our stakeholders.
In financial and operating terms, 2021 was still a challenging year
but our buildings performed outstandingly. Footfall, revenues and
retail activity recovered, profit margins grew and our main debt ma-
turities were refinanced. Rating agencies and independent apprais-
ers recognized this promise of future improvement by a more pos-
itive outlook on our credit ratings and significantly higher appraisal
values for our properties.
FibraShop worked on a number of ESG initiatives during the year.
Among the most important of these were: publication of a frame
of reference for the issuance of green bonds; publication of a sec-
ond-party opinion (SPO); our first participation in Standard & Poor's
Corporate Sustainability Assessment (CSA); publication of a climate
change risk diagnosis, using the Task Force on Climate-Related Fi-
nancial Disclosures (TCFD) methodology, for all our portfolio build-
ings; approval by our Technical Committee of changes in the gover-
nance structure; creation of an ESG Committee; certification by the
Climate Bond Standard Board so that new debt issues can be eligible
as green bonds; and reporting on FibraShop's impact on the UN Sus-
tainable Development Goals (SDG). It's hard to sum up in just a few
lines all the efforts and actions we took, but we are clearly a stronger
FIBRA, completely renewed in various respects. This report was sub-
mitted to independent external assurance, which was another of the
commitments we made for this year.
With the lessons we have learned along the way, we began to re-
flect on FibraShop's vision, placing substantial weight on our pur-
pose and our goals as a business, the environment, the human
aspect, and society. We want to give something back to the com-
munities where we operate. We have developed a new perspective
by which our buildings become "Urban & Life Centers Experience,"
a new proposal that puts individual quality of life front and center,
creating spaces for togetherness, for socialization, sports, culture:
spaces open to new expressions, where communities can develop
themselves, find opportunities and learn. The first example of this
new proposal is our recently opened La Perla project, where we are
applying all these new trends which we will later try to replicate in
other properties.
In 2022 we have continued to delve deeper into environmental, so-
cial and government aspects throughout the organization, in all its
processes, and soon, in our supply chain. We continue to aspire to
become a benchmark, earning the highest accreditations and certi-
fications, adopting best international practices and surpassing our
own achievements year after year.
As always, we are grateful for your support and trust.
Salvador Cayon Ceballos
RA
Chief Executive Officer
Sustainability
approach
Environment
Social
Governance
Letter of
assurance
Disclosure of
standards and
indicators
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