Valorem > Companies > San Francisco Investments Report 2018
Valorem > Companies > San Francisco Investments Report 2018
Generación de valor para los accionistas

Value generation for shareholders

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Generación de valor para los accionistas

San Francisco Investments achievements

  • A benchmarking exercise was carried out to identify best sustainability practices for the sector in the stages of construction and operation of the project.
  • It fostered dialogue and participation of the Gethsemane community to empower it as an active actor in its own development
    • More than 30 socialization meetings were held with the community, the media, government entities and community leaders.
    • The Protocol for Questions, Answers, Complaints and Claims (PQRS) was created and the community requests management office was installed.
  • The project website was created: www.proyectosanfrancisco.com and its social networks as a communication tool with the community. Instagram and Facebook.

San Francisco Investments outstanding initiative

  • To incorporate sustainable practices in the development of the project.

Achievements

  • San Francisco Investments (SFI) obtained a loan under the Green Bonds line, whose financing is aimed at investment projects that seek to prevent, manage and / or mitigate environmental impact, as well as adaptation to climate change.
  • The achievement of said loan reflects the company’s commitment to efficient use of energy and water resources in the development and operation of the project.

San Francisco Investments challenges 2019 – 2020

  • To develop the company’s Sustainability Corporate Model.
  • To implement the risk matrix and define the corresponding mitigation plans.
Buen gobierno y ética empresarial

Good governance and business ethics

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Buen gobierno y ética empresarial

San Francisco Investments achievements

  • An evaluation mechanism was implemented for critical and strategic suppliers.
  • An administrative and financial manual was prepared with which the company requires that all project subcontractors be consulted on restrictive and binding lists before contracting.

San Francisco Investment’s outstanding initiative

  • To implement good corporate governance practices

Achievements

  • SFI implemented an anti-corruption and anti-bribery policy within the organization, which guarantees greater transparency in the contracting processes.
  • It implemented Valorem’s ethical line, which allows for reporting channels for officials and contractors.

San Francisco Investments challenges 2019 – 2020

  • To strengthen current procedures as project progresses and additional contracts are made.
Desarrollo y bienestar del talento

Talent development and well-being

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Desarrollo y bienestar del talento

San Francisco Investments achievements

  • Monitoring and evaluation of performance management was carried out through the platform ‘Success Factors’, with a 50% participation of the target population.
  • Job descriptions were elaborated for all its employees.
  • The emotional salary program was successfully implemented.

San Francisco Investments’ outstanding initiative

  • To implement the talent management corporate system

Achievements

  • With the support of Valorem, the Development Center tests were conducted, and the respective development plans were defined for the General Management and the area directors of the organization.

San Francisco Investments challenges 2019 – 2020

  • To include 100% of the target population in the performance measurement platform, Success Factors.
  • To include 100% of the professional population in the Development Center tests.
  • To implement and monitor development plans.
Inversión responsable

Responsible investment

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Inversión responsable

San Francisco Investments achievements

  • The technical, technological, administrative and commercial capabilities of the community were strengthened for the development of initiatives and the productive chaining in tourist and hotel activities, in order to promote social inclusion. 
    • A labor profiling workshop was carried out, where 171 homes and 927 people were registered to characterize the labor force and existing production chains.
    • An alliance was explored with the Mario Santo Domingo Foundation to benefit from its experience in the implementation of entrepreneurship programs.
  • The conservation and recognition of the historical value of the Gethsemane intangible heritage (art scenes, touring exhibitions, testimony collection, and strengthening of the neighborhood artistic and cultural expressions) was promoted through:
    • Support to the Gethsemane Memory Center Corporation in the development of different activities for the residents of the neighborhood during the Cartagena festivities.
    • Support to the Gethsemane Neighbors Association in the Heritage Watch project.
    • Re-edition of the book “Ghetsemane. History, heritage and social welfare in Cartagena” by Rosa Díaz and Raúl Paniagua.
    • Re-edition of the book “Ghetsemane: intangible live heritage of the city of Cartagena de Indias” by Florencio Ferrer and Martín Morillo.
    • Edition of the book: “History of the Cartagena Club and the St. Francis Cloister: precedents, origin and evolution”.
    • Support for the project “Art, culture and territory for the integral development of child and youth leadership of the La Milagrosa Educational Institution in the Gethsemane neighborhood.
    • Support to the organization Cultural Gimani for the implementation of activities of the audiovisual area (photos and videos) of the Gethsemane neighborhood Council.
    • Support for the project Angels We are.

San Francisco Investments’ outstanding initiative

  • To highlight neighborhood life of the Gethsemane community.

Achievements

  • The Magazine “The Gethsemanian” was launched, a monthly publication that collects stories from the neighborhood and the buildings that are being intervened.
  • A novel by poet Pedro Blas, a key actor in achieving the Declaration of Life of the Gethsemane neighborhood as Cultural and Intangible Heritage of Humanity, was published.
  • The magazine website was created:  www.elgetsemanicense.com

San Francisco Investments challenges 2019 – 2020

  • To continue with the implementation of plans and programs that guarantee participatory dialogue and good relations with the community in the project’s area of influence.
  • To position San Francisco as an active promoter of local culture and art of the Gethsemane community from its independent, unique and creative essence.
Cuidado y buen uso de los recursos

Care and good use of resources

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Cuidado y buen uso de los recursos

San Francisco Investments achievements

  • The company has complied with the commitments of its Environmental Management Plan, monitoring it on a monthly basis.
  • In the demolition phase, the organization made an adequate disposal of the rubble.

San Francisco Investments’ outstanding initiative

  • To make efficient use of natural resources

Achievements

  • The EDGE (Excellence in Design for Greater Efficiencies) certification process was started, which seeks that the project (Hotel and Grand Suites) be designed so that once in operation, it saves at least 20% in electrical and water consumption compared to the baseline set by the Government for this type of buildings and climate conditions. During the operation of the Hotel the respective measurements will be made to guarantee that the programmed savings goals are being met.

San Francisco Investments challenges 2019 – 2020

  • To define the development of a sustainable energy generation project.
  • To implement during the construction of the project the design requirements of the Hotel to comply with the EDGE certification.

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