Our commitment to society has accompanied us since the beginning of our journey in 2014; a commitment to Spanish society that we have materialized through the activity of our shopping centers and commercial parks. The impact of our operations goes beyond what happens with each of Lar España’s different commercial assets, as it significantly contributes to creating value in the communities where they are located.
Firstly, I must highlight the role played by shopping centers in both creating quality employment and fostering the socio-economic activity of their surroundings. The creation of employment is not only significant in terms of quantity, with over 16,000 direct, indirect, and induced jobs promoted by Lar España. It is also significant in terms of quality, contributing to the economic development of those collaborating at different levels within the company. For example, through cooperation with national suppliers, with an expenditure of over 57 million euros in the various regions where we operate, it also demonstrates the company’s commitment to the local economy.
Additionally, Lar España has actively participated in improving accessibility infrastructure in the vicinity of its shopping centers, facilitating movement and circulation in the surrounding areas. This focus on sustainable mobility, with 100% of assets equipped with electric vehicle charging stations or the promotion of shared transportation, are just two of the multiple examples reflecting the company’s commitment to environmental responsibility, with a future vision focused on sustainability.
In terms of social investment, Lar España has allocated significant resources to social activities and initiatives. It is worth noting the more than 1,500 hours dedicated to social initiatives in support of over 70 NGOs, foundations, organizations, and companies it has collaborated with in recent years. Furthermore, we have managed to donate over 2,500 kilograms of clothing and 4,000 kilograms of food collected in solidarity campaigns, as well as significant amounts year after year in various social aid initiatives for those in need.
Over the past 10 years, Lar España has demonstrated its firm commitment to Spanish society with two clear objectives: promoting common values and contributing to the sustainable development of the communities in which it operates.
Universal accessibility and occupational safety have been and will continue to be two of our priorities. Lar España has achieved the certification of 100% of its portfolio under ISO 45001, recognizing a proactive approach to the protection and well-being of professionals and clients. Moreover, more than 6% of the indirect jobs in Lar España’s properties are occupied by people with disabilities, a percentage well above the default set in the General Law on Disability.
These commitments are also materialized through the establishment of a Social Impact Committee involving professionals in the management and development of CSR strategies. They ensure that the initiatives carried out in the assets have a social impact and directly connect with the communities where they take place. Additionally, they define a corporate impact strategy and establish various indicators that facilitate the measurement and improvement of the efforts made by the company.
Lagoh is once again one of the most representative examples of commitment to society. It not only meets the highest ESG standards but is also a pioneer in initiatives of high social value. In early 2023, the shopping center signed a collaboration agreement with the Autism Association of Seville to implement various measures to improve cognitive accessibility and the management of situations involving individuals with Autism Spectrum Disorders (ASD), with the goal of making their stay a more friendly experience alongside their families.
In conclusion, Lar España has demonstrated its firm commitment to Spanish society over the past ten years with two clear objectives: promoting common values and contributing to the sustainable development of the communities in which it operates. Its comprehensive approach, extending beyond commercial operations, reflects a deep understanding of corporate responsibility and a commitment to building a more prosperous and equitable future for all, something we will continue to drive in the years to come.
