Social Contribution

Our Social, Environmental and Governance Policy4 establishes that the Board of Directors has the authority to decide on Vesta’s annual budget for social and environmental responsibility actions. In 2022, we allocated a total of USD $435,432 toward these purposes, including USD $94,015 raised through the 2021 Vesta Challenge.

2022 Allocation

US$ 435,432

Including:

US$ 94,015

raised through the
021 Vesta Challenge.


12 social projects


Environmental

Since 2018, we have been working to compile and publish environmental data on our offices and common areas as well as those we have collected from our tenants, as part of our commitment to supplying more information about Vesta’s environmental management.

2022

118 tenants

62.4% of our
occupied buildings


14,867,716
square feet

44% of our GLA

Our Targets

We aim to certify 20% more of our GLA under some green standard by 2026.*

Reduce energy consumption in our offices and common areas by 20% by the year 2025.**

Reduce water consumption in our common areas and offices by 20% by the year 2025.**

4,968,007 square feet, or 14.7% of our GLA, are LEED certified.


*Taking 2020 as the base year.
**Taking 2022 as the base year.

Reduce scopes 1 and 2 emissions by 20% by the year 2025.**

50% increase in the amount of waste recycled and/or reused by 2025.**

Our consumptions

In offices and common areas

Electricity

10,943 GJ


Fuel

924 GJ


Water

100 ML


Scope 1 emissions

68 tCO2eq


Scope 2 emissions

1,289 tCO2eq


Scope 3 emissions

36 tCO2eq

Hazardous waste

1 t


Non-hazardous waste

185 t

Tenants’ consumptions

Electricity

967,466 GJ


Fuel

5,165,989 GJ


Water

4,082 ML


Scope 3 emissions

497,943 tCO2eq

Hazardous waste

8,415,176 t


Non-hazardous waste

3,652,146 t