Tropicalia’s Sustainability Report Recognized in the International Business Awards

Tropicalia’s Sustainability Report was the winner of a Gold Award at the International Business Awards 2019, better known as the Stevie Awards, which since 2002 recognizes the achievements and contributions of companies and entrepreneurs around the world. The report, published in April 2018, stood out in the category of Best Annual Report for Nonprofit Organizations, which rewards excellence in annual reports, brochures, marketing and sales kits, corporate magazines and other corporate publications.

This edition of Tropicalia’s Annual Sustainability Report presented the innovative progress achieved, being a pioneer of a new type of tourism development in the Caribbean. During the production of the report, the challenge for the developers was to communicate clearly, precisely and effectively the activities of the company in three dimensions: social, economic and environmental.

The team of developers for this report consisted of: The Ocean Foundation and Tropicalia, in the content preparation; and LLYC, Nearvana and Voice Ink, in the process of adaptation, translation, design and Web programming. The final product resulting in a multi-format platform that reduce its carbon footprint, while telling stories in an interactive and visually appealing way for the user.

Through the comprehensive documentation of Tropicalia and Fundación Tropicalia’s work legacy, in addition to outlining the achievements of each year, the report has served as a resource that the company uses to evaluate its economic, environmental and social performance, guided by the guidelines of the United Nations Global Reporting Initiative.

Tropicalia’s 2017 Sustainability Report was essential in securing financing from the International Finance Corporation (IFC) and IDB Invest, provided to Cisneros Real Estate for the development of Tropicalia. IFC’s investment is entirely financed through Green Bonds, a climate-smart financial product, designed to unlock investments for projects that adhere to the principles of sustainability, a key pillar of Tropicalia’s business philosophy.

In terms of environmental impact, it was distributed to more than 500 users through digital platforms. Printed copies used 100% Forest Stewardship Council (FSC) certified paper and were distributed by electric motorcycles. This effort contributed with the mitigation of 470.10kg of CO² emissions, the conservation of 39 trees and the saving of 94,007 gallons of water.

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