Fibra Nova and our ESG commitment
At Fibra Nova, we understand sustainability as a lever for strengthening the business and a way to build value responsibly. Under this approach, we promote transparency and accountability, integrating ESG criteria into our decision-making and our long-term vision.
One of the central elements of this commitment is the adoption of the Double Materiality approach, which allows us to view sustainability from two complementary angles, in order to prioritize relevant topics and align our strategy with the most significant impacts and risks.
What Does Double Materiality Involve?
Double materiality considers two perspectives that are crucial for comprehensive decision-making:
Financial Materiality
It assesses how risks and opportunities may influence the company’s financial position, economic performance, cash flows, and access to financing. We examine both factors within our direct control and those linked to key business relationships, such as the dependence on natural and human resources.
Impact Materiality
It focuses on how our company’s operations affect people, the environment, and society. It considers both positive and negative effects, whether actual or potential, and evaluates factors such as the magnitude, scope, and irreversibility of these impacts.
For Fibra Nova, this dual perspective allows us to better understand and address challenges while unlocking opportunities to create long-term value for both our business and the communities we serve.
Commitment to Double Materiality at Fibra Nova
As a trust focused on industrial real estate and supported by a select network of strategic clients, Fibra Nova stands out for its ability to grow with a long-term vision. We implement double materiality as a key tool to ensure that every decision we make is aligned with our purpose of leading responsibly, maximizing value for our investors, and contributing to collective well-being
The double materiality process at Fibra Nova
The process is carried out in a structured manner, incorporating standards and stakeholder participation:
Stakeholders’ selection
Standards for double materiality
Recognized frameworks are used to guide the GRI and SASB assessments.
Data-based materiality analysis
Prioritization by our ESG Committee
The ESG Committee reviews the results and prioritizes the most relevant issues.
Integration into business strategy
The insights from the materiality study are incorporated into decision-making processes, creating a bridge between sustainability, operational planning, and governance.
Material Topics
The Double Materiality assessment allowed us to identify and prioritize the following material topics across the environmental, social, and governance dimensions:
Sustainable Strategy Fibra Nova 2030
At Fibra Nova, sustainability is part of how we operate. Toward 2030, we are driving a comprehensive strategy that seeks to generate a measurable and tangible positive impact, structured around three pillars:
Environmental Pillar – Let’s Care for the Planet, Let’s Build the Future
Our commitment to EDGE certification strengthens the efficiency and sustainability performance of our properties. During 2026, we will continue advancing toward certifying our buildings under EDGE and EDGE Advanced, in order to enhance the benefits associated with energy and water efficiency.
In addition, we maintain efficiency goals whose impact translates into clear equivalents, such as energy savings comparable to 58,244,192 smartphone charges and water conservation equivalent to meeting the basic needs of 528 people per year.
Likewise, we continue strengthening our capabilities to increase clean energy generation, including the development and assessment of alternatives such as solar energy at properties where feasible.
Our commitment to stakeholders
We are determined to redefine how we operate to benefit everyone connected to our business model. Through double materiality, we lead with consistency, combining a strong business vision with deep respect for the environment and people.
Every step we take reflects our conviction that sustainable businesses are the only ones capable of generating true and lasting prosperity
Social Pillar – We Put People at the Center
Safety and well-being are our top priorities, both for our employees and our tenants. We focus on strengthening prevention systems and adopting ethical measures that support our community.
In addition, we continuously measure customer satisfaction, ensuring that the service experience maintains high standards and contributes to stable, trust-based relationships.
Governance Pillar – Transparency that Inspires Trust
Our governance model is strengthened by an integritybased approach. We prioritize clear rules, robust codes of conduct, and proactive communication to keep transparency as an operating standard.
Additionally, we explore technologies and innovations that optimize processes, reduce costs, and improve our responsiveness to changing environments, thereby reinforcing the Trust’s resilience.
Goals
1. EDGE Certifications
Goal: Continue sustainable building certifications under the EDGE standard.
In 2025, 24 buildings were certified (covering 369,381 m2). Of these, 74% reached EDGE Advanced, with efficiencies of up to 60.21% in energy and 87.91% in water consumption.
2. Energy Efficiency*
Goal: Maintain and expand annual energy savings.
In 2025, savings of 8,426.7 MWh/year were recorded, equivalent to 702,225,000 smartphone charges.
3. Water Conservation*
Goal: Reduce water consumption across properties by 2026.
In 2025, water savings equivalent to meeting the basic annual needs of 528 people were recorded.
4. Carbon Footprint Reduction*
Goal: Reduce carbon emissions during 2026.
In 2025, annual tCO2e emissions were reduced by 8.5%, equivalent to 11.51 km driven.
5. Clean Energy Generation
Goal: Increase solar energy generation capacity across properties.
6. Adoption of Technological Innovations
Goal: Continue evaluating innovative technologies for the efficient capture and use of energy.
1. Employee Training
Goal: Maintain and enhance staff development through training programs.
2. Social Impact – Children and Youth
Goal: Expand the impact of Fundación Grupo Bafar in vulnerable communities.
3. Community Volunteering
Goal: Increase commitment to volunteer work in communities.
1.ESG Training
Goal: Promote ongoing ESG training to keep the team up to date on environmental, social, and governance matters, integrating these criteria into decision-making and organizational culture, with a focus on long-term value generation.
2. Women on the Technical Committee
Goal: Promote meaningful female participation on the Technical Committee to strengthen diversity of perspectives and more balanced decisions. For 2026, we aim to keep this above the established threshold.
3. Independence of the Technical Committee
Goal: Maintain a high level of independence within the Technical Committee as a key factor in ensuring transparency, technical expertise, and the mitigation of conflicts of interest, with a focus on decisions that create value for investors.
4. Code of Ethics
Goal: Ensure recurring training aligned with the Code of Ethics, to reinforce principles of integrity and respect, consolidate a strong work environment, and strengthen investor trust.
5. Diversity Policies
Goal: Promote an inclusive environment where everyone— regardless of origin, gender, or experience—has equitable opportunities to grow and participate, embedding diversity, equity, and inclusion as an everyday practice.
Linking material topics with the SDGs
The following linkage shows how our material topics connect with the Sustainable Development Goals (SDGs) through the actions and programs we drive on an ongoing basis.
| SDGs | Actions taken | Material topics |
|---|---|---|
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We operate a collection center that gathers and distributes food aid nationwide, delivering more than 14 million food packages and benefiting over 3.2 million families in Mexico. | – |
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We ensure decent working conditions (wages and benefits) and strengthen capabilities through training throughout the year. We run Socio-Sports Schools, benefiting more than 30,000 children and young people. We hold Medical Days offering free care to over 16,000 people without access to medical services. | Occupational Health and Safety. Practices Against Child, Forced, or Compulsory Labor. Tenant Health and Safety. Customer Satisfaction. Tenant Privacy |
 |
Through Universidad Bafar, we offer courses for employees to strengthen and apply management skills inspired by leadership best practices. | Tenant Health and Safety. Customer Satisfaction. Tenant Privacy. |
 |
We maintain and strengthen our Equity and Inclusion policy, focusing it on the areas of greatest importance for our employees. | – |
 |
We continue to innovate our systems, achieving reductions in water consumption across our EDGECertified Parks. | Water and Effluent Management. |
 |
Through the installation of solar panels across various assets, we achieved reductions in annual energy consumption at our EDGE-Certified Parks. | Energy Consumption. |
 |
Universidad Bafar leads the “Managerial Talent Development” program, aimed at strengthening job skills, empowering people in their roles, and opening internal growth opportunities. | Economic Performance. Market Presence. Resilient Business Model. Occupational Health and Safety. Code of Ethics and Anti-Corruption Policies and Procedures. |
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We develop industrial buildings with high efficiency standards and integrated technology, favoring spaces suited to productive operations. | Market Presence. Corporate Reputation. Property Life. Cycle Management. Accessible and Inclusive Facilities. Property Certification. Innovation and Technology |
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Through Fundación Grupo Bafar, we implement programs that support the development of families and children, creating opportunities and strengthening the relationship with our stakeholders. | Accessible and Inclusive Facilities. |
 |
We have certified 24 buildings under the EDGE standard, strengthening their long-term permanence and performance and improving the portfolio’s life cycle. | Property Life Cycle Management. Property Certification. Tenant Health and Safety. |
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Our environmental actions aim to help limit global warming to 1.5°C or less, through improvements in operational efficiency and the environmental practices described in the corresponding sections. | Energy Consumption. Water and Effluent Management. Compliance with Environmental Regulations and Claim Mechanisms. Property Certification. |
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We have policies and guidelines that strengthen a culture of integrity and compliance; our stakeholders abide by these principles to maintain responsible collaboration. | Compliance with Environmental Regulations and Claim Mechanisms. Code of Ethics and AntiCorruption Policies and Procedures. Communication, Transparency, and Accountability. Governance and Compliance with Social Legislation and Social Impact Grievance Mechanisms. |
Resource Management
Energy and GHG Emissions
At Fibra Nova, we recognize the importance of reducing greenhouse gas (GHG) emissions. However, given the nature of our business (property leasing), much of the energy consumption and associated emissions depend on our tenants’ operations, which limits our direct control over the emitting sources.
Even so, we continue to drive actions within our reach, such as efficiency improvements (for example, thermal insulation through insulated roofs to reduce climate-control needs), the installation of solar panels at certain properties, and the incorporation of sustainability criteria in the selection and management of suppliers, construction companies, and tenants, in addition to the use of lower-environmental-impact materials.
In this report, emissions are classified as Scope 3, as they are associated mainly with our tenants’ operations and not with direct emissions by Fibra Nova.
Water Management
As part of our water efficiency strategy, we continue the initiatives to optimize consumption, for example, water-saving systems in restrooms and common areas, aimed at reducing environmental impacts.
Given the leasing model, water consumption originates mainly from our tenants, who are also responsible for paying for these services.
Waste Management
We have strengthened responsible waste management practices, reinforcing our sustainability and operational-efficiency approach. Within our facilities and direct operations, we maintain a zero-waste-generation scheme, reflecting reduction, reuse, and recovery measures.
In parallel, although tenants generate waste from their operations, we continue promoting improvement practices, including composting programs and resource optimization that support better environmental management.
Certifications
Last year, we embarked on a new path with the certification plan for our properties. We focused on ensuring that new facilities met the basic requirements for EDGE certification, consistently seeking 20% savings in energy consumption, 20% in water consumption, and 20% in embodied energy in construction materials, compared to a conventional reference building
Thanks to our efforts during 2025, we certified 24 of our buildings, 74% with EDGE Advanced certification, exceeding the minimum EDGE requirements and achieving savings of over 60% in energy, 88% in water consumption, and a 9% reduction in tCO2/year emissions.
The EDGE methodology establishes a baseline for consumption and emissions; when a project operates below those projected values, it is considered to have achieved savings.
These figures should be understood as potential impact equivalents, not as results measured directly on-site.
Social commitment
Fibra Nova reaffirms its social commitment through its Code of Ethics, which outlines the core principles that govern the organization and contribute to building a more equitable and trustworthy community. This code ensures that collaborators act autonomously within an ethical and responsible framework, recognizing their role in the project’s growth and in consolidating Fibra Nova’s reputation. The values of honesty, integrity, respect, and fairness guide our decisions and actions, so that our team is a positive reference in the communities where we operate and from which our talent originates.
We foster a safe, inclusive, and enriching work environment focused on comprehensive well-being and continuous development. We strive to preserve the dignity, respect, and worth of every individual, safeguarding their physical and emotional health and safety. We aspire to be a platform for personal growth and fulfillment, offering ongoing training and benefits that unlock our staff’s potential.
At Fibra Nova, we are committed to informing our collaborators in advance of any operational adjustments, providing a notice period of 30 to 91 days for proper preparation and adaptation.
Employees
We recognize that our work contributes to the development of many companies; however, we are firmly convinced that the true driving force behind our growth is the people who make up our team. Therefore, we actively promote the professional and personal development of our employees.
As of year-end 2025, our team was composed of 6 employees, all permanent and full-time.
At Fibra Nova, we foster a respectful and equitable environment where diversity is valued in all its forms. We make no distinctions based on origin, ethnicity, or beliefs; on the contrary, we recognize the value each person brings. We work to ensure equal opportunities and an inclusive environment in which each employee can develop their potential.
Women hold 25% of leadership positions.
Diversity, Inclusion, and Equity
At Fibra Nova, we recognize and value diversity as a pillar of our organizational culture. We are committed to equal rights and opportunities for all, regardless of origin, race, marital status, gender, beliefs, or other personal characteristics.
In particular, regarding gender equity, we continuously monitor the wage gap and have policies that promote fair compensation based on the responsibilities and functions of each position.
We reject any form of discrimination. We reaffirm our commitment to keeping diversity and inclusion as central pillars, striving to ensure that every employee feels valued and empowered in their workplace.
Attraction, retention, and talent development
Attracting, retaining, and developing talent are key pillars of our organizational culture. Therefore, we have implemented programs focused on strengthening and enhancing the skills and competencies of our collaborators. These initiatives cover a wide range of areas, from technical skills to essential competencies required for job performance. We aim to provide continuous training and growth opportunities that allow our team members to reach their full potential and contribute meaningfully to the ongoing development of Fibra Nova.
In response to constant market changes and the evolution of the real estate sector, we strive to ensure our team is prepared to face challenges and seize new opportunities. At Fibra Nova, we foster a culture based on continuous learning and professional development, where every team member feels supported and motivated to grow. This allows us to consolidate a highly qualified team committed to the organization’s success and its contribution to the sustainable development of the real estate sector.
Talent retention
At Fibra Nova, we understand the importance of recognizing, retaining, and rewarding the talent that drives our organization’s growth. To achieve this, we conduct regular evaluations focused on the performance and professional development of our team members. As part of this commitment, we have implemented a Retirement Plan that directly contributes to their workplace well-being.
Additionally, to strengthen the economic and emotional well-being of our team, we offer a Long-Term Compensation Plan. This plan includes financial incentives and the allocation of CBFIs to employees in executive positions, aiming to promote the sustained growth of the company and retain key executive talent. We have also developed a Retirement Policy that ensures an adequate and dignified transition for those concluding their professional journey with us. These actions reflect our commitment to creating a work environment in which every employee feels valued, supported, and accompanied throughout each stage of their professional development at Fibra Nova.
Managerial talent development
The Individual Development Plan (IDP) is our main initiative for strengthening Managerial Talent and is based on the “70, 20, 10” methodology. This plan includes five key programs:
At Fibra Nova, our development programs are designed for middle management, supervisory, and managerial positions, and are implemented using assessment tools provided by Universidad Bafar. Among them, the 360 Evaluation stands out; it is conducted every two years and allows employees to receive feedback from their supervisors, peers, and themselves.
Additionally, we use the Evaluatest platform, which identifies key improvement areas through psychometric evaluations. We also employ the 25-box matrix—an objective tool used to assess both performance and growth potential for each employee. Based on the results, we design personalized development plans that foster professional growth and contribute to Fibra Nova’s overall success. These actions reflect our strong commitment to developing highly skilled internal talent capable of facing future challenges.
Employee health and safety
Life is the most important value, which is why at Fibra Nova we have developed a comprehensive strategy to prevent and reduce risks related to daily work activities. This strategy includes the implementation of an internal regulatory safety management system, as well as three essential guidelines aimed at protecting the health and well-being of our collaborators.
All of this has been made possible thanks to the support of our parent company, Grupo Bafar, and compliance with the standards and policies established by the Official Mexican Standards of the Ministry of Labor and Social Welfare (STPS). We are grateful for the efforts of those who have made it possible to unify this strategy across all subsidiaries.
Identification and assessment of occupational hazards and risks
We understand the importance of identifying hazards and assessing risks as an essential part of ensuring safety within our properties. That is why we have implemented the “Work Activity Risk Analysis,” a comprehensive procedure that allows us to detect critical areas with a high incidence of incidents.
This thorough analysis evaluates the health and safety risks associated with all activities in the identified areas, enabling us to design prevention and mitigation plans tailored to each context. Our approach is reflected in multiple strategies, such as training for emergency brigades, awareness sessions on the proper use of personal protective equipment, and technical improvements in the workplace.
Additionally, we have taken concrete actions such as installing non-slip surfaces and improving lighting, reaffirming our commitment to creating a safe and healthy work environment.
Occupational health
We have integrated occupational health and safety management into our organizational system. As part of this commitment, we carry out annual health campaigns led by the medical department, which include bimonthly, seasonal, and recurring programs. We invite all stakeholders to actively participate in these initiatives.
Every two months, we organize various medical and awareness activities focused on the well-being of our employees. These include full medical check-ups, blood pressure monitoring, and capillary glucose testing for early detection of health issues. Rapid HIV tests are also conducted as part of our strategy to promote sexual health and prevention.
Additionally, awareness sessions are held on key dates such as International Cancer Day, World Diabetes Day, and International Women’s Day, among others.
During specific seasons, we implement flu vaccination campaigns for all personnel. We recognize the importance of preventing contagious diseases, so we facilitate access to these vaccines to protect our workforce during periods of higher risk.
As part of our ongoing commitment to employee health, we implement a weekly vitamin C supplement program that strengthens the immune system and helps prevent colds and other diseases related to the body’s defenses.
Additionally, through the Grupo Bafar Foundation, we promote health campaigns aimed at the comprehensive well-being of our staff, offering access to preventive medical care that includes dental, visual, and auditory health. Thanks to partnerships with specialized providers, we offer discounts on eyeglasses, hearing aids, and hospital services.
Since 2021, Grupo Bafar has implemented the Official Mexican Standard NOM-035- STPS-2018, which allows for the identification, analysis, and prevention of psychosocial risk factors in the workplace. Based on this regulation, we developed the Psychosocial Risk Prevention Policy, which applies to all our business units, including Fibra Nova. This policy reinforces our focus on mental and emotional health and contributes to the creation of a safe and healthy work environment.
At Fibra Nova, the health and well-being of our employees is always a priority.
We recognize the importance of supporting our employees who face chronic illnesses. Therefore, we have implemented an individualized monitoring program that enables them to effectively manage their health status, ensuring timely, personalized care tailored to their specific needs.
Healthy eating is essential to overall wellbeing. At Fibra Nova, during 2025 our employees can schedule appointments with highly qualified nutritionists, who provide personalized guidance and recommendations for maintaining a balanced and appropriate diet.
Recognizing the importance of care during pregnancy, we have a prenatal care program for our female employees. This program ensures access to specialized medical care and continuous monitoring, aiming to ensure a healthy and safe pregnancy, thereby promoting the wellbeing of both mother and baby.
Community engagement | Grupo Bafar Foundation
We are committed to social responsibility and community solidarity, integrating these values into our business model in alignment with ESG standards. Since the beginning of our operations in 2017, we have worked closely with the Grupo Bafar Foundation to promote projects and initiatives that generate a positive impact on society and contribute to the development of better citizens.
We collaborate on various actions across five strategic areas: nutrition, sports, education, health, and the environment, in addition to the promotion of core values. Through these efforts, we aim to strengthen the social fabric and well-being in the communities where we operate.
The Baby-B daycare, a result of the collaboration between Grupo Bafar and Fibra Nova, is a space focused on the well-being and safety of children. With the capacity to care for up to 150 children, it operates under strict health and emergency protocols in an environment supervised by trained staff.
Since its opening, Baby-B has cared for more than 500 boys and girls, fostering their comprehensive development while their parents carry out their activities with greater peace of mind. This initiative supports work– life balance and reinforces the well-being of our community.
The “Together We Do More” volunteer program reflects Fibra Nova and Grupo Bafar’s strong commitment to the well-being of the communities we serve. Thanks to the dedication and solidarity of our employees, who become agents of change, we are able to successfully drive the projects led by Fundación Grupo Bafar.
By promoting a culture of active volunteerism and providing the necessary support, we trust in our ability to generate a meaningful and lasting social impact, contributing to a more prosperous future for all.
Our commitment to social responsibility is reflected in the active participation of our volunteers in various community initiatives. From humanitarian aid to improvements in public spaces, their work is essential to fostering positive and sustainable change.
As part of our commitment to the social causes championed by Fundación Grupo Bafar, we also make significant contributions through financial support, even when we are not directly involved in volunteer activities.
With over 500 volunteers providing support and more than 3,200 hours of community work, the "Volunteering" program is a clear demonstration of our commitment to service and the well-being of others.
The Socio-Sports Schools are a clear example of Fibra Nova’s commitment to the comprehensive development of children and adolescents in vulnerable areas. In collaboration with the renowned Real Madrid Foundation, this program aims to foster personal growth through sports, combining the practice of football and basketball with the teaching of values such as respect, discipline, and physical activity.
Recognizing the importance of education, the program also includes academic and cultural activities, enhancing the wellbeing and health of young participants and reaffirming Fibra Nova’s social commitment.
We are proud to collaborate with the Real Madrid Foundation to bring hope and real opportunities to communities with greater needs. We firmly believe that sports and education are key tools for building a better future.
Thanks to this partnership, thousands of young people have had the opportunity to discover and develop their potential, reaching a higher level not only in sports but also in their personal lives.
With the goal of improving people’s quality of life, the Collection Center plays a key role by providing support to beneficiary communities, allowing them to allocate their resources to other priority needs. This act of solidarity and empathy toward those facing vulnerable situations is made possible by the commitment and generosity of companies, employees, and community members.
We have impacted more than 3.2 million families, delivering over 14 million complete meals in 61 cities across Mexico. Our work has been made possible through collaboration with more than 1,600 organizations.
Fibra Nova actively participates in the annual golf tournament “Une-t por mejores mexicanos,” organized by Fundación Bafar. Considered the association’s most important event, it aims to raise funds for its social programs, complementing the contributions made by Grupo Bafar, Fibra Nova, and other strategic allies.
Each year, we invite well-known figures to join this cause. In this edition, we were joined by Camila and Reyli Barba, whose presence helped enrich the attendees’ experience and strengthen the spirit of solidarity that distinguishes this event. Their performances offered moments of fellowship and entertainment that complemented the day, creating an atmosphere of closeness and celebration around the cause. We firmly believe in the power of sports as a tool to drive social change and improve people’s quality of life; for this reason, we support this tournament and back Fundación Grupo Bafar’s mission of “shaping better Mexicans.”