ESG (Environmental, Social & Governance)
Social Actions at asset level
Castellana Properties prioritises cooperation and the generation of strategic alliances to generate value in local communities.
The most significant ESG actions carried out in FY24 and implemented in all Assets are detailed below.
THE ORIGIN OF ICE
Cross-cutting initiativeWith the aim of raising awareness about responsible water consumption and the impact of climate change, we launched the campaign "The Origin of Ice", an environmental awareness initiative carried out in six of our shopping centres. Through a combination of live performances, informative signage, and digital experiences, the initiative successfully connected with thousands of visitors, reinforcing the value of our centres as spaces for gathering and learning. "The Origin of Ice" is part of our ESG strategy, serving as an example of how retail can also be a platform for change and social awareness. At Castellana, we will continue to promote initiatives that build shared value and foster a culture of responsibility across all the regions where we operate.
INCLUSIVE SOLIDARITY FESTIVAL – ASPAYM CASTILLA Y LEÓN FESTIVAL
VallsurWe hosted the first inclusive festival in Castilla y León, a historic event where more than 1,500 people enjoyed live music in a 100% accessible environment. We installed adapted ramps, a lift to facilitate stage access for wheelchair users, and vibrating backpacks for deaf individuals, ensuring an equitable experience for everyone. All proceeds were donated to Aspaym Castilla y León, a non-profit organization dedicated to improving the quality of life for people with disabilities
Bicycle Day
Bahía SurWith the aim of promoting sustainable mobility and healthy lifestyle habits, we celebrated a new edition of Bicycle Day in collaboration with the San Fernando City Council, Carrefour, and Bombon Boss. The event, with over 38 years of history, gathered 1,075 participants this year, establishing itself as one of the most emblematic events on the local calendar. Registration was carried out exclusively through our APP, aimed at members of the BahíaSur Club. The route, which started from the shopping center’s blue parking lot, ended with a big family party and a raffle of prizes for the cyclists. The initiative recorded a +66% increase in attendance compared to 2023, reflecting the growing interest in this type of activity.
Collaboration with the San Pablo District Children's Mini-Olympics
Los ArcosWe held the ceremony to deliver more than 1,000 t-shirts that we contributed for the Mini-Olympics, organized by the Municipal Sports Institute of Seville together with the districts of San Pablo - Santa Justa and Nervión. We welcomed representatives from the 7 participating schools and presented the award to the student who won the official Mini-Olympics poster design contest. This initiative is part of the #HaciendoCiudad (“BuildingCommunity") positioning, through which Los Arcos seeks to generate a positive impact in its immediate surroundings.
BLOOD DONATION
El FaroIn collaboration with the Regional Government of Extremadura, we provided a space in the shopping center to host a blood donation drive. The outcome was very positive: we collected a total of 100 donations, 41 of which came from first-time donors, reinforcing public awareness and active participation. The initiative received high praise from the Blood Bank, highlighting the quality of the setup and the strong involvement of the team.
SENIOR WEEK
Puerta EuropaDuring this commemorative week, we open our doors to activities aimed at the city's senior citizens, creating spaces designed especially for them. These initiatives highlight their role in the community and promote active and healthy aging, strengthening inclusion and the sense of belonging within the center.
Sponsorship of Paralympic rower Javier García
HabanerasThis year we also took an important step in the local sports scene by becoming sponsors of Javier García, a Paralympic rower from Torrevieja. Despite his professional level, Javier did not have the necessary resources to train under optimal conditions. Our support was key in enabling him to prepare properly and ultimately qualify for the Paris Paralympic Games. This collaboration, beyond commercial return, has created a very special bond with the community. We broadcast his competitions at the center, and the response from Torrevieja was unanimous: the city rallied behind him. This sponsorship represents one of the most meaningful commitments we have made, reinforcing our identity as an active participant in the city’s social and sporting life.
Christmas Toy Donation Drive
GranaitaDuring the Christmas season, we organized a toy donation drive with the aim of bringing joy to the most vulnerable households in the northern area of Granada. Thanks to the collaboration with AVA (Association of Andalusian Volunteers), we managed to collect 150 kg of new and second-hand toys, which were distributed among families in need. This initiative allowed many children to receive gifts at Christmas, reinforcing our commitment to children and the local community.
World Alzheimer’s Day
Loure Shopping, Río Sul y 8ª AvenidaTo mark World Alzheimer’s Day, the shopping centres RioSul Shopping, LoureShopping and 8ª Avenida joined the cause with awareness-raising initiatives in collaboration with the Alzheimer Portugal association. On September 21st and 22nd, RioSul and LoureShopping offered visitors the chance to share a personal memory, which was illustrated live by an artist, creating a keepsake filled with emotional value. Meanwhile, 8ª Avenida complemented the campaign with a charitable donation to Casa Alecrim. The initiatives, which received notable media coverage, highlighted the importance of memory in shaping our collective identity and reinforced the centres’ commitment to mental health, social well-being, and generating a positive impact in their communities.
