Overview of FUNO’s Eight-Year Sustainability Journey
For over eight years, Fibra Uno (FUNO) has integrated sustainability as the core of its business model in Mexico, investing more than 953 million pesos to date. Karina Santillán, FUNO’s social responsibility manager, highlighted the foundation’s achievements and its strategic approach to creating tangible impacts in Mexico.
Five Key Focus Areas
FUNO has concentrated on five key areas: health, education, environmental impact, sustainable development, and job creation. These strategic focuses have enabled the design of programs that go beyond immediate assistance to foster lasting transformations.
“FUNO Te Ayuda a Ayudar” Initiative
One of FUNO’s flagship programs is “FUNO Te Ayuda a Ayudar,” an annual call for support launched each September to back civil society organizations nationwide. This initiative has intervened in 180 communities, addressing diverse issues such as health, education, and community strengthening from the Sierra Tarahumara to Mérida’s coast.
- In 2024, FUNO supported 166 organizations, generating over 300 local jobs.
- Notable achievements include bone marrow transplants, care for severely burned children, and structural improvements in marginalized schools.
Beyond Financial Support
FUNO not only provides financial assistance but also uses its commercial spaces to promote the causes of these organizations. Through digital screens, art exhibitions, and corporate volunteering, FUNO strengthens its connection with communities throughout the year.
Long-Term Sustainability and Financial Resilience
Jorge Pigeon, VP of Capital Markets and Investor Relations at Fibra Uno, emphasized that FUNO aims to build a resilient business in the long term rather than just pursuing financial returns.
- FUNO has linked 100% of its financing to ESG criteria using instruments like green bonds and sustainable bonds.
- FUNO is committed to achieving carbon neutrality by 2050, taking concrete actions such as environmental certification of its properties and incorporating green clauses in contracts.
In 2024 and 2025, FUNO issued over 1,400 million USD and 2,700 million MXN in ESG bonds with high demand from global institutional investors like Nordea, confirming market confidence in FUNO’s sustainable vision.
Environmental Commitment and Progress
Karen Mora, FUNO’s Sustainability and Foundation Director, presented the latest sustainability report highlighting key achievements.
- FUNO’s climate target was validated by the Science Based Targets (SBT) initiative, making FUNO the first real estate company in Latin America with a climate objective aligned with the Paris Agreement.
- FUNO aims to reuse 30% of its wastewater, certify 40% of its properties by 2030, and maintain 100% of new debt linked to sustainability goals.
- Since 2018, FUNO has reduced energy consumption by 14.5%, water use by 19.3%, and greenhouse gas emissions by 26%.
- FUNO has promoted diversity in its board and trained executives on human rights and climate change.
Four Pillars of FUNO’s Sustainability Vision
FUNO’s sustainability vision is supported by four key actions:
- Over 3,500 million USD in sustainable financing
- Inclusion of green clauses
- Variable compensation linked to ESG targets
- Adherence to the Task Force on Climate-related Financial Disclosures (TCFD) for ecosystem conservation
“Sustainability is everyone’s responsibility within FUNO,” concluded Karen Mora, emphasizing that the company aims to lead by example both within and outside the real estate sector.
