How sustainable is a company? Today, consumers and investors can recognise and compare it more easily thanks to the Global Reporting Initiative (GRI) Sustainability Reports.
Monthisa, one of the country's leading real estate companies and the parent company of a family business group with more than half a century of experience, asked Gesvalt to prepare a sustainability report. This reflects its commitment to conscientious and ethical business practices and is aligned with responsible corporate impact management.
Development of work with Monthisa. Our Corporate Advisory Services department worked with the Monthisa teams to develop not only the sustainability report but also the policies and procedures that will guide the company's governance. Gesvalt's experience in generating corporate sustainability reports, and the ability to adapt to deadlines and rhythms, made the difference.
The team has demonstrated a high level of professionalism throughout the development of the Strategic Plan and the Sustainability Report, providing constant and personalised support throughout the project. From the beginning, they have been in close contact with the company, ensuring that every requirement was addressed quickly and effectively. Their responsiveness has been a key factor in ensuring that the objectives were met in an agile manner, while the team has maintained fluid and proactive communication with the different departments involved.
They have also rigorously managed the deadlines set, ensuring that each delivery was on time without compromising the quality of the work. They have demonstrated flexibility and adaptability to adjustments that arose during the process, allowing the project to progress without significant interruptions. Each request was dealt with swiftly and efficiently, ensuring that the planned timescales were maintained at each stage of development.
Monthisa's proactive approach allows it not only to comply with legal requirements but also to position itself in the market as one of the leading companies in its sector in terms of innovation and sustainability.
A proactive approach offers the company the advantage of a better anticipation and risk management. By identifying potential sustainability challenges early, a company can take pre-emptive action to minimise negative reputational or operational impacts. Rather than reacting to problems after they have already arisen, this approach allows for strategic planning that helps mitigate regulatory, environmental and reputational risks, ensuring more effective management of any situation that may compromise its operations or compliance.
In addition, this kind of pro-active approach drives a internal culture of sustainability and continuous improvement. By actively involving the different teams in the planning and implementation of the sustainability strategy, the company fosters greater awareness and commitment among its employees. Proof of this was the joint development of the company's Code of Ethics. This not only reinforces a sense of ownership and responsibility towards sustainable goals, but also promotes a culture of continuous improvement, where new opportunities to reduce environmental impact and improve social and governance performance are constantly sought.
Develop corporate sustainability reports.
Sustainability reporting has become a strategic imperative for companies, especially with the imminent implementation of the Corporate Sustainability Reporting Directive (CSRD). Although certain companies are not required to do so due to their size, it is expected that this type of reporting will become widespread practice. Sustainability reporting not only enables organisations to comply with emerging regulations, but also offers an opportunity to demonstrate genuine leadership in sustainability. In a world where environmental and social impact is a priority, companies that lead the way in making their sustainable performance transparent not only comply with regulations, but build a strong and resilient reputation for the future.
For investors, understanding a company's sustainable performance has become a critical decision factor. It is no longer just about financial returns; increasingly, investors are looking for companies with a clear ESG (environmental, social and governance) focus that minimises risks and contributes to a more sustainable future. A well-crafted sustainability report provides a clear and structured view of a company's impact, enabling investors to make informed decisions and select organisations that will not only survive, but thrive in a green and transitioning economy.
Finally, these reports facilitate access to green finance, a resource that is increasingly valued and sought after. Banks, investment funds and financial institutions grant better conditions to companies that demonstrate a strong commitment to sustainability. By submitting a report documenting the alignment of their activities with ESG criteria, companies can take advantage of this type of financing to accelerate their projects, reduce capital costs and strengthen their competitiveness in an environment where access to sustainable financial resources will make a difference.
The growing importance of sustainability reporting
A sustainability report is a report published by companies on the environmental, social and governance (ESG) impacts of their activities. It enables audiences and users to understand more clearly the impacts of a company's business activities on the environment and society and to assess the risks and opportunities faced by or offered to companies.
The growing importance of sustainability reporting is due to the fact that investors and other stakeholders are asking companies to disclose more information about their sustainability activities and their environmental, social and governance strategies.
Companies that make their sustainability transparent can also attract customers, investors and optimise resource consumption.
We spoke to Eduardo García-Villamil, Monthisa's CFO and a partner directly involved in the project, who stated the following:
Would you recommend carrying out such a project with Gesvalt?
Yes, of course. In this type of project it is always preferable to be advised and accompanied by reliable professionals.
Is there anything else you would like to point out about working with Gesvalt and the added value we bring?
We would highlight their professionalism and knowledge of sustainability processes, their accessibility when it comes to resolving doubts and their speed in carrying out the work entrusted to them.