Vistamalls Inc 2020 AR2
The report details Vistamalls, Inc.'s financial and sustainability performance for the fiscal year ended December 31, 2020. Despite the challenges of the COVID-19 pandemic, which forced the temporary closure of 80% of its commercial spaces, the company achieved a net income of ₱2,721 million, representing a 3% increase from the previous year. Vistamalls expanded its digital services by launching Personal Shopper and DropBUY curbside pickup to ensure contactless shopping. On the environmental front, the company implemented energy-saving measures, such as upgrading to LED lighting and optimizing facility schedules, resulting in reduced electricity consumption across several malls. Additionally, the company continued its partnership with Villar SIPAG to compost food waste into fertilizer for local farmers.
Company: Vistamalls Inc
Sector: Real Estate
Country: Philippines
Year: 2020
Type: AR2
Pages: 176
Vistamalls Inc
Annual Report
The report details Vistamalls, Inc.'s financial and sustainability performance for the fiscal year ended December 31, 2020. Despite the challenges of the COVID-19 pandemic, which forced the temporary closure of 80% of its commercial spaces, the company achieved a net income of ₱2,721 million, representing a 3% increase from the previous year. Vistamalls expanded its digital services by launching Personal Shopper and DropBUY curbside pickup to ensure contactless shopping. On the environmental front, the company implemented energy-saving measures, such as upgrading to LED lighting and optimizing facility schedules, resulting in reduced electricity consumption across several malls. Additionally, the company continued its partnership with Villar SIPAG to compost food waste into fertilizer for local farmers.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Workplace Fatalities
Employees