PURPOSE STRATEGY
We are part of Corporacion Multi Inversiones (CMI) , a Latin-American family corporation, that was born in Guatemala 100 years ago.
GUATEMALA
EL SALVADOR
HONDURAS COSTA RICA
where we contribute with an installed capacity of renewable energy of 818 MW. We also promote business and residential development of construction projects that give thousands of entrepreneurs access to points of sale and housing, as well as access to financing. We also support the transition to decarbonization of other companies that, like ourselves, are committed to sustainable development.
In 2020, we made the largest placement of green bonds in Central America, which amounted to USD 700 million, which had an overdemand and strengthened our commitment to make impact investments. In other words, investments
NICARAGUA
whose purpose is to improve the environmental, social and economic conditions of the countries where we operate, while we consolidate our businesses.
In 2021, we were able to calculate our impact using PwC's Total Impact Measurement and Management (TIMM) methodology. According to the 2019 data, our positive impact on society is estimated at USD 265 million annually. Calculating our environmental, social, economic, and tax contribution. After estimating our impact we defined our sustainability strategy, which we present with great enthusiasm.
POSITIVE IMPACT OF USD 265 MILLION ANNUALLY
The Total Impact Measurement and Management (TIMM) framework evaluates a company's operations on four dimensions: economic, tax, social and the environment, to quantify their impacts in monetary values. The methodology takes into consideration the perspective of the company's stakeholders, as well as the inputs and outputs that a company may have on environmental, social, economic and tax matters.
Unlike a purely financial report, the TIMM framework evaluates the changes that arise as a result of the company's interventions, as well as their impact on society. The model takes into consideration:
INPUTS
Resources invested by the company
IMPACT
OUTPUTS
Key activities in the operational process that have an impact
Significant changes generated by the company's interventions
RESULTS
E ects of the activities
TOTAL IMPACT VALUE A monetary value equivalent to the business impact
We currently have operations in
DOMINICAN REPUBLIC
IMPACT SCOPE AND DIMENSIONS
The impact was calculated using the 2019 data and includes the management of CMI Capital's three business units: Energy, Real Estate Development and Finance, as well as all the territories in which our company operates. The methodology covers environmental, social, economic and tax matters.
Impact was measured by considering direct, indirect and induced impacts with a positive value of USD 265 million.
Comunidades onreiboG serodeevorP lpmEae d o s AccionistasSocial Ambiental oiratubirT imónocEoc M311 85M0. M47.2 M8.31 M80.1 .21 M71 . 1 M698 .8 K -936K -482K 22.1M 2.37M 2.01M 1. 61M 2 4 . 1 M 31 M2. Health Education Empowerment Improvement of the communities Employment Economic spill Taxes on goods and services Emissions Use of water Waste Use of the soil Water contamination Local contributions Other specific taxes Income, capital gains and profits Savings in generation cost USD 265 MILLION IN POSITIVE IMPACTS
OUR IMPACT
ENVIRONMENTAL IMPACT
Through renewable energy generation, CMI Capital adds value to society and the environment. In the the probable negative environmental externalities that the company may have in the air, soil and water are accounted for. However, the overall impact is positive.
Renewable energy generation
Displacing fossil fuels
Negative externalities
SOCIAL IMPACT
The methodology assessed CMI Capital’s impacts on society, highlighting the positive impact that the company has on communities where it makes social investments on issues such as health and education. Similarly, the TIMM framework accounted for any negative externalities, and the overall impact is positive on the balance sheet.
Social investments
ECONOMIC IMPACT
CMI Capital has operations in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and the Dominican Republic. The company is a promoter of local development and as a result of its investments generates an economic spill, also creating internal and external employment.
Economic spill Creating jobs and value chain
113 MUSD 58.8 MUSD
TAX IMPACT
The tax contributions made by the company in each of the countries where it operates contribute indirectly to the well-being of people and the environment in general.
Tax contributions 30.32 MUSD
22.2MUSD 13.2 MUSD 5.72 MUSD 32.8 MUSD
EXCELENCE RESPONSABILITY
RESPECT INTEGRITY
THE REASON FOR OUR PURPOSE STRATEGY
As a company we are committed to being agents of change in the countries where we operate to generate economic, social and environmental well-being, through our three business units: Energy, Real Estate Development and Finance.
We are consistent with our values REIR (Responsibility, Excellence, Integrity and Respect) [to laugh], which we promote internally and externally. Values that are based on six principles, including the opportunity to grow together, sustainable development with impact on individuals, families and communities, and being a responsible, inclusive and transparent citizen.
Our values and conscious leadership, as well as the genuine interest of our three business units to act as catalysts for positive transformation processes, led us to define our purpose to:
TO CREATE IMPACT INVESTMENTS THAT DRIVE Sustainable DEVELOPMENT
With our purpose as a guide, we decided to generate a strategy that would find synergies between the business and our commitment to driving sustainable development. In this way, we identified that as a company we will focus on PROVIDING
INTEGRATED SOLUTIONS TO LEAD SUSTAINABLE TRANSFORMATIONS.
With our three business units we want to support others to contribute to sustainable development as well.
THE FORCE THAT DRIVES US TOGETHER TO GO ABOVE AND BEYOND
Opportunity to grow together
Sustainable development with an impact on individuals, families and communities
Responsible, honest, and transparent citizen
Warmth of a family company
Strength and tradition of trust with local flavor
Passion for the customer and the quality of the products and solutions
Delivering value through what we define as: We want to support others in their transformation process through: Renewable energy Sustainable urban and industrial development Financing with an environmental and social impact Access to clean technologies 01 02 03 04 Impact Investments Value-sharing initiatives Corporate Citizenship Axes DRIVING SUSTAINABLE SOLUTIONS AND OPERATIONS.
We are
generating SUSTAINABLE SOLUTIONS that
life and the
That's why we'll
by
WE WILL INVEST IN DECARBONIZATION, THE PROMOTION OF SUSTAINABLE CITIES AND THE ECONOMIC
OF OUR REGION
solutions goals Goal by 2030 or earlier Reduce greenhouse gas emissions 30% reduction of emissions in scopes 1 and 2 20% water use reduction 28% of waste is sent to a landfill 0 fatalities Carry out conservation and regeneration projects within our areas of influence 100% of the investments are evaluated against environmental, social and governance criteria Impact our value chain with shared value programs Promote inclusion and diversity in and outside the organization Reduce the percentage of waste sent to landfills Preserve life in our operations Promote good relations with our stakeholders* Evaluate investments using Environmental, Social and Governance Criteria (ASG) Promote environmental conservation* Reduce water use Sustainable operations goals Goal for 2030 WE WILL OPTIMIZE THE ENVIRONMENTAL AND SOCIAL FOOTPRINT OF OUR OPERATIONS As part of our operational excellence, we will also be expanding our e orts to have SUSTAINABLE OPERATIONS, always according to our purpose and commitment with the Sustainable Development Goals. Our goals
are:
Expand the renewable energy matrix to support decarbonization Develop square meters of construction with sustainability criteria Expand the renewable energy matrix by at least 330 MW Develop at least 200,000 urban or industrial square meters with sustainability criteria Place financing with environmental, social and governance criteria Finance at least USD 32.5 million with environmental, social and governance criteria
committed to
improve people's quality of
conditions of the planet.
work to achieve
2030 or earlier:
DEVELOPMENT
Sustainable
for 2030
LET US BE AGENTS OF CHANGE
As a company we are convinced of the power of transformation of our internal and external actions. We consider ourselves agents of change and are aware of the impact we have in the areas where we operate. However, we need others in order to be the driving force behind countries that are more environmentally, socially and economically harmonious.
Without a doubt, companies are the existing social organizations with the greatest capacity to influence, not only the market, but also because of the lives it changes by promoting employment, the economic spill and social investment. That is why we have an indispensable and outstanding role in promoting sustainable development, through the solutions we o er and the optimization of our environmental and social footprint.
CMI Capital o ers solutions and guidance to other companies that want to start or advance on sustainability. Our renewable energy solutions, clean technologies, financing with environmental, social and governance criteria, as well as the development of urban and industrial real estate allow us to integrate solutions that enable others to generate well-being too.
“If we go alone, we go faster, but if we go together, we go further,” says a proverb. Let's work together to go further and leave a better future for our children, nephews, cousins and all the children who expect so much from us.
TO CREATE IMPACT INVESTMENTS THAT DRIVE Sustainable DEVELOPMENT
