Materiality

For our materiality assessment, as for other issues, FUNO adopted the “International Integrated Reporting Framework” principles”, which establish that an organization must report on those affecting substantially the ability of the company to create value in the short, medium and long term.

Our materiality assessment was led by an independent professional consultant, who used an approved methodology to identify relevant issues for our stakeholders; it allowed us to establish the priority to solve sustainability issues.

On 2022, this analysis was updated for FUNO's total operations, including office, industrial and retail segments. Likewise, we identified fair business practices in an international scale, risk for every issue and the focal points given by the following stakeholders:

cuidar capital humano

Investors

cuidar capital humano

Leaders

cuidar capital humano

Industry & competition

cuidar capital humano

Media

cuidar capital humano

Controllers

cuidar capital humano

Tenants

cuidar capital humano

Public figures

cuidar capital humano

Foundations

As a result, we got the top 10 materiality issues which are explained below:

Top 10 materiality issues analysis

Risk management Climate change Energy management Natural assets Ethics and anti corruption
  • Public health risks

  • Business continuity

  • Flaws and natural disasters

  • Socio Political risks

  • Climate change risks and management

  • Energy consumption and energetic efficiency

  • Sustainable management of buildings

  • Transition towards renewable energies

  • Alternative fuels usage

  • Biodiversity

  • Soil protection

  • Business ethics

  • Corporate culture

  • Corporate reputation

  • Anti Corruption practices

Transparency Linkage with community Human capital Business model resilience Human rights
  • Non-financial disclosure

  • Relationships with investors

  • Commitment with stakeholders

  • Executive compensation

  • Support and development of communities

  • Commitment with the community

  • Vulnerable groups

  • Volunteering

  • Local market support

  • Talent acquisition, management and retention

  • Talent development

  • Collaborator commitments and satisfaction rate

  • Work diversity and inclusion

  • Equal compensation

  • Long-term value creation

  • Children rights protection

  • Human rights protection