Potential offtaker

FIBRA SHOP

www.fibrashop.mx

Estimated electricity consumption

N/A

Countries of production presence

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FIBRA SHOP is a Mexican company that operates in the Regional Mall REIT sector. It is one of the largest real estate investment trusts in Mexico, with a portfolio of over 20 shopping malls located in various cities across the country. The company's mission is to create value for its investors by providing high-quality retail spaces that meet the needs of both retailers and consumers.

One of the key areas of focus for FIBRA SHOP is decarbonisation. The company recognises the importance of reducing carbon emissions and mitigating the impact of climate change. To this end, it has implemented a number of initiatives aimed at reducing its carbon footprint and promoting sustainable practices.

One of the ways in which FIBRA SHOP is working towards decarbonisation is through its corporate energy strategy. The company has implemented a number of measures to reduce its energy consumption and increase its use of renewable energy sources. For example, it has installed solar panels on the roofs of some of its shopping malls, which generate clean energy that can be used to power the buildings.

In addition to this, FIBRA SHOP has also entered into corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow the company to purchase energy from renewable sources at a fixed price, which helps to reduce its exposure to volatile energy prices and support the growth of the renewable energy sector.

FIBRA SHOP is also committed to promoting corporate sustainability more broadly. It has implemented a number of initiatives aimed at reducing waste, improving water efficiency and promoting sustainable transportation. For example, the company has introduced recycling programs in its shopping malls, which encourage shoppers to recycle their waste and reduce the amount of waste that ends up in landfills.

Overall, FIBRA SHOP is a company that is committed to promoting sustainability and reducing its impact on the environment. Through its focus on decarbonisation, corporate energy, corporate PPA and renewable energy, it is working towards creating a more sustainable future for Mexico and the world.

✓ Declared Net Zero commitment