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Vesta Spirit

Who are we?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Vesta) is a holding company of Mexican corporations that make up the Vesta economic group. We develop, purchase, sell and lease real estate property, primarily industrial buildings and distribution centers in Mexico. 

Our Code expresses our ethical commitment. It forms the development blocks necessary for guiding everyone who works for or with us in any capacity. This includes members of the Board and third parties representing Vesta, such as consultants and contractors.

Our Code can’t cover every possible scenario. If you have questions or concerns about your behavior or business conduct, please seek assistance from your manager or another Vesta resource. Whenever you have an ethical dilemma, please speak up and use our communication channels. We will support those who share their concerns. Vesta does not tolerate any retaliation against those who report misconduct in good faith.

What does good faith mean?

Reporting misconduct in good faith means that it is done truthfully with the belief that the misconduct actually occurred. The report may turn out to be incorrect, but so long as it is made honestly, it’s in good faith. 

What are our values?

  • INTEGRITY

    We are upright, honest people, and we strive to always do the right thing.

  • SUSTAINABILITY

    We work for change with commitment and a long-term vision, thinking about our legacy for future generations. 

  • PASSION

    We are passionate about what we do and faithful to what we believe in.

  • RESPECT

    Our stakeholders inspire us to accept differences, build agreements, respect the environment and communicate in ways that safeguard information. 

How do we practice our values? 

 We believe that all human beings and the environment are worthy of respect and must be treated responsibly. It is in our DNA to do business ethically. We create value and earn profits for our stakeholders ethically and legally. By doing so, we further our vision of building a more cooperative, humane and positive future. 

We build long-term relations based on mutual benefit, concern and trust. We recognize that our profits benefit not only our shareholders but also: 

  • All of us who work for Vesta 
  • Our tenants  
  • Our investors 
  • Our suppliers 
  • The communities where we operate 

We strive to be an example of a socially and environmentally responsible company for all our stakeholders. We are part of an ecosystem in which everyone is connected. In this way, we work with our stakeholders towards the same ultimate goals.  

We consider the health and viability of our communities, our country and our planet to be integral to our business. Sustainable development, responsible business practices and respect for human rights are fundamental to our success. 

Vesta’s Ten Commitments

Please read our Ten Commitments that guide each one of us in our Vesta role.  

  1. I act in accordance with Vesta’s values in all of my activities within Vesta. 
  2. I respect individual differences and do not discriminate against anyone because of their gender, social condition, sexual orientation, religion, skin color, capacities or physical characteristics. 
  3. I always seek to improve my knowledge and abilities to continue growing and advancing myself, personally and professionally. 
  4. I share responsibility, information and support, and apply teamwork to achieve both my own goals and those of Vesta. 
  5. I maintain respectful, constant and fluid communication with my colleagues regardless of their rank. 
  6. I am responsible for how I use my time, considering the importance and urgency of each situation, as well as extraordinary circumstances.
  7. I respect the value of time, without exception.
  8. I cultivate long-term relations based on trust with all our stakeholders: investors, clients, suppliers, industry partners, government and authorities, organizations and others.
  9. I practice and promote Vesta’s values of social, environmental and corporate governance responsibility in all my daily activities.
  10. I try to raise standards every day, in all that I do. 

We create and maintain reliable, resilient, and sustainable industrial properties. Our real estate creates value for all our stakeholders.

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