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Residential Complex Prados de San Cristóbal, Guatemala
6.2. REAL ESTATE DEVELOPMENT: WE IMPROVE THE QUALITY OF LIFE OF OUR NEIGHBORS ((GRI 413-1, 103-1, 103-2, 103-3) T : Progress and social welfare
Impact on infrastructure and creating jobs (GRI 102-8, 203-2) (SDGs 1.2, 1.4, 3.8, 8.2, 8.3, 8.5, 10.3)
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n its role as a promoter, at CMI Capital we evaluate the social, environmental and economic environment of the societies in which we build each real estate solution. We consider the needs of our neighbors, when designing each project, and implement actions that respond to them appropriately. We build the complementary infrastructure for road management, creating local jobs and promoting trade in the area. The operation of the Pradera Shopping Malls network requires the work of security and cleaning personnel, to guarantees a pleasant stay for our customers. While these are linked to third-party companies, we believe it is important to highlight the number of persons employed under this heading, as they have legal benefits granted for formal jobs,
SUSTAINABILITY REPORT 2019
and in most cases, permanent employment. In 2019, the real estate development business unit hired 344 people in this modality, compared to 2018 when we only had 222. This is the result of opening up new complexes or building extensions of existing ones. Each project built or remodeled during 2019 created a significant number of on-site jobs, most of them full-time and for people under 30 years old. In total, in 2019, 6,257 jobs were generated in construction activities, 99% for men. The Environmental Impact Studies developed for each of our construction projects include a process of identifying environmental and social impacts identified by developing matrices. Our shopping malls and other real estate projects directly and indirectly create sources of employment, both in operations, maintenance and security, and administration, greatly contributing to reduce the unemployment rate currently existing in the sector.
