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