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    MULT3   BRMULTACNOR5

MULTIPLAN EMPREENDIMENTOS IMOBILIÁRIOS S.A.

(MULT3)
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Multiplan Empreendimentos Imobiliários S A : releases 2020 Annual Sustainability Report

09/17/2021 | 09:02am EDT

Multiplan published its Annual Sustainability Report for 2020 on Thursday (Sept. 16), compiling the main highlights of its economic-financial results and the environmental, social and governance (ESG) initiatives implemented by the Company.

The report was developed following the sustainability reporting methodologies of the Global Reporting Initiative (GRI Standards) and Sustainability Accounting Standards Board (SASB), with the indicators linked to the UN's Sustainable Development Goals (SDGs), an international voluntary initiative endorsed by Multiplan.

Among other points, the Report highlights the Company's efforts to quickly and efficiently face the challenges imposed by COVID-19 and adapt to the needs of its customers, employees and tenants, reaffirming its commitment to operational efficiency and an approach based on sustainability. Among the actions in response to the pandemic are the creation of health safety protocols, surface testing in shopping malls, donations and partnerships with retailers, with a reduction in rent and fees.

During the period, Multiplan also accelerated its omnichannel strategy, creating new ways of contacting customers, such as the direct sales platform, a purchase format in which the consumer orders directly from the store owner and schedules the pick-up through each mall's drive-thru facility, implemented in response to the pandemic.

In 2020, Multiplan also made progress on its investments focused on sustainability, such as the generation of solar power through the construction of a photovoltaic plant located in Paty do Alferes, in Rio de Janeiro state, which supplies 100% of the energy for the company's headquarters. Multiplan also continued investing in the construction of ParkJacarepaguá, its 20th shopping center, which will open in November in Rio de Janeiro.

To access the complete content of the 2020 Annual Sustainability Report, access this link.

Disclaimer

Multiplan Empreendimentos Imobiliários SA published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 13:01:02 UTC.


© Publicnow 2021
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Sales 2021 1 210 M 214 M 214 M
Net income 2021 400 M 70,9 M 70,9 M
Net Debt 2021 2 009 M 356 M 356 M
P/E ratio 2021 25,8x
Yield 2021 1,65%
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EV / Sales 2022 8,49x
Nbr of Employees 8 787
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Last Close Price 17,57 BRL
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José Isaac Peres Chief Executive Officer & Director
Armando d'Almeida Neto Chief Financial Officer
José Paulo Ferraz do Amaral Chairman
Eduardo Kaminitz Peres Vice Chairman & Chief Operating Officer
Vander Aloisio Giordano Vice President-Compliance & Institution
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