We Value Sustainability

Our Commitment to the Environment, Society and Governance (ESG)

Environmental sustainability, social investment and corporate governance are fundamental to our guiding principle to build a better Mexico and advance its progress in every one of our actions. These initiatives are central to our strategy and actions.

We contribute to the communities in which we operate and take our membership role in them seriously. We start collaborative projects by engaging in constructive dialogue. We recognize the unique needs of our communities. We appreciate the various cultural, environmental, economic and social contexts of these needs. In other words, we always take human rights, gender equity, inclusion, environmental and transparency criteria into account.

Our Commitment Program furthers accountability with our shareholders. One primary function is to foster constructive dialogue about ESG between Vesta and our main stakeholders. 

We build positive, trusting, long-term relationships with our stakeholders.  

We are committed to reducing the environmental footprint of both our complexes and our operations. Sustainable development benefits our tenants, the industrial real estate industry and our society as a whole.  

We help make our developments resilient by preparing them for global challenges, such as climate change, natural disasters and resource scarcity. Our efforts to care for biodiversity include monitoring our clients’ water and carbon footprint to further shared goals.  

Our Environmental, Social and Corporate Governance Committee strategizes, verifies compliance with and evaluates our performance regarding social investment, environmental sustainability and governance

WE RESPECT HUMAN RIGHTS, LABOR STANDARDS AND APPLICABLE ENVIRONMENTAL LAWS. WE ARE RESPONSIBLE MEMBERS OF OUR COMMUNITIES. WE STRIVE TO KEEP OUR RELATIONS WITH OUR STAKEHOLDERS TRANSPARENT AND FREE OF CORRUPTION. 

WE ARE COMMITTED TO OUR VALUES

We all have a role to play in helping each other remain ethical and in compliance with our values and the law. Doing so builds a better Mexico and improves world around us. We must follow our Code and policies, model integrity and be prepared to speak up about any questions or concerns. 

We must also comply with any applicable laws or regulations that apply to our roles and responsibilities. In countries where the applicable law is less restrictive than our Code or our policies, we follow our Code or our policies. If you ever have any questions about any applicable laws or regulations that might apply, please contact the compliance officer. 

Unethical conduct and violations of our Code, our policies or the law impact our reputation and our goals for building a better future. Violations can also lead to severe consequences for both the company and employees, including termination of employment and civil and criminal penalties. 

Managers have special responsibilities to enact an open-door policy that invites employees to discuss concerns, to explain and model our zero-tolerance for retaliation, and to guide employees toward the resources available to them.  

Only the Corporate Practices Committee may approve waivers from our Code for executive officers or directors and other employees, to take advantage of a business opportunity that may correspond to the Company or its subsidiaries, as well as for related parties transactions between the Company and/or its subsidiaries and any relevant people. Any such waiver will be promptly disclosed to Vesta’s shareholders and disclosed in Vesta’s annual report (on Form 20-F). Amendments to this Code must also be approved by the Board of Directors and disclosed in Vesta’s annual report (on Form 20-F).  

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