FEMSA: FEMSA strengthens its commitment as a sustainable company

FEMSA issued the following announcement on Nov. 26.

For the fourth consecutive year, Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD) (“FEMSA”) is part of the group of companies that integrate the Dow Jones Sustainability MILA Pacific Alliance Index, which was announced on November 13. This indicator aims to highlight companies with the best sustainability practices in Latin America -including countries such as Chile, Colombia, Mexico and Peru- as well as measure their performance.

“Our business philosophy is oriented to the care and preservation of the environment. To meet our goal of minimizing the environmental impact of our operations, we seek a balance between the expansion and growth of our Business Units and the conservation of natural resources. Today, at FEMSA we work to be a responsible company that promotes prosperity for future generations”, said Víctor Treviño, FEMSA’s Director of Sustainability and Energy.

Being part of the Dow Jones Sustainability MILA Pacific Alliance Index means fulfilling the continuous commitment to be a responsible company with the communities and their environment. Through initiatives aligned with its sustainability strategy, FEMSA and its Business Units have developed projects that support the communities where they have a presence, thereby strengthening their internal capacities to build community relationships based on dialogue and collaboration.

They also invest in the creation of a safe working environment that promotes diversity and inclusion where employees are motivated and committed, which makes it possible for them to grow and develop alongside the company. These strategies have a significant impact on health, education, cultural life, sports activity and the integral growth and advancement not only of employees, but also of their families and the community.

FEMSA and its Business Units are also developing ethical business practices aligned with their organizational values: supply chains that consume fewer natural resources; community actions focused on global issues; mitigation and adaptation to climate change; and connecting more effectively with its customers.

The Dow Jones Sustainability MILA Pacific Alliance index is the result of an alliance between S&P Dow Jones Indices, International Finance Corporation (IFC), SAM and the Latin American Integrated Market (MILA) exchanges. This index provides investors with an objective benchmark for managing a portfolio of social investments in the region, based on industry leaders that already participate in the Dow Jones Sustainability Indexes (DJSI).

Original source can be found here.