Community development
Building a good relationship with communities is vital for our sustainability strategy. The economic legacy of infrastructure and real estate has a lasting impact on communities, which will reach generations ahead.
Some of our major impacts on communities are changes on employment opportunities, talent retention vs migration, better health and safety practices, increase in skilled labor and sometimes even reduction of crime.
One property can positively or negatively impact its surroundings; at FUNO we have taken several measures to ensure our assets are drivers for change and community development.
Whenever we acquire new properties; it is part of our due diligence process to search for compliance with all applicable environmental standards, in order to affect the least possible, the natural surroundings and the availability of key resources such as water and air.
FUNO has never requested nor needed community displacements or relocations. We have also never bought properties where the previous owner or occupant were indigenous groups or communities. We recognize Mexico is a country where indigenous groups and other minorities (such as women) may not always have the legal entitlement or right to particular assets, however their use of certain properties and traditions validate such rights. FUNO, will always be open to dialogue and communication amongst involved parties, whenever the case requires it.
Most of our properties were developed before we bought them, our internal policies establish for our assets to be centers for social well-being. Not only through recreational safe places, but through the establishment of public services and infrastructure needed to provide basic utilities to nearby communities, such as potable water and sewage, urban transportation and avoiding obstruction of main communications roads, particularly to religious, cultural and spiritual centers.
In 2016, we executed more than 140 community development initiatives across the country, in three key areas:
Community development
Institutional strengthening
Health and safety
In 2016 FUNO headquarters, together with Samara, executed their first drive for clothes and books, gathering more than 7,000 items donated to: