Climate Change Data

CODE Development Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Energy Consumption:389,136 kWh
Water Consumption:723,718 m³

ESG Focus Areas

  • Climate Change Management
  • Sustainable Construction
  • Circular Economy
  • Sustainable Mobility
  • Biodiversity
  • Internal Environmental Management
  • Ethics and compliance
  • Innovation Management
  • Responsible linkages and supply chains
  • Employability and Inclusion
  • Management Systems
  • Wellness
  • Occupational Health and Safety
  • Human Rights
  • Human Talent Development
  • Education and Formation
  • Community Relations

Environmental Achievements

  • Expanded soil studies to optimize existing material on the site, generating savings of almost 30% in earthwork
  • 100% of irrigation in Coyol Free Zone done with recycled water in summer 2023-2024
  • Replaced propeller irrigation meters with ultrasonic mechanisms, improving measurement accuracy and leak detection
  • Efficient management of 109,358.56 cubic meters of reusable earth material in Evolution Free Zone construction
  • Collection of over 100 kilograms of special waste in 2023

Social Achievements

  • Signing of contracts with five new global companies for Evolution Free Zone, creating more than 4,000 quality jobs
  • More than 70 million colones invested in support of education, environment, health, and culture
  • More than 22,000 new people registered in the Coyol Classic
  • In 2023, 33 companies in Coyol Free Zone provided 1,796 new jobs (43% through talent attraction support services)
  • More than 150 courses available in Lumino for individual users and companies
  • 350 INA course placements among employees of the Free Zone companies
  • 1,642 people joined the Manufacturing Operators course
  • 7% employee turnover rate
  • Increased proportion of women in CODE Development Group to 51.06% in 2023

Governance Achievements

  • Redefined corporate strategy with employee participation
  • Renewal of the Country Brand for Coyol Free Zone
  • No cases of non-compliance or violation reported in 2023
  • Implementation of the OKR (Objectives and Key Results) methodology

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve net-zero carbon emissions in Ride Coyol and Ride Evolution
Short-term Goals:
  • Increase the number of buses with less polluting engines in 2024
  • Implement Ride Evolution transportation service in Evolution Free Zone

Environmental Challenges

  • Increase in electricity consumption due to new park operations and employees
  • Increase in water consumption due to new companies and building expansions
Mitigation Strategies
  • Negotiation process to change bus fleet to less polluting engines in 2024
  • Agreement to loan three zero-emission buses for testing
  • Implementation of drip irrigation systems to save water
  • Installation of aerators on sinks, urinals, and toilets to improve water use efficiency

Supply Chain Management

Responsible Procurement
  • Coyol Free Zone Supplier Directory
  • Coyol Impulsa award

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Sustainable Development Goals, ISO26000

Certifications: ISO 9001:2015

UN Sustainable Development Goals

  • 3
  • 4
  • 6
  • 7
  • 8
  • 9
  • 12
  • 15
  • 17

Details provided in Chapter 7

Awards & Recognition

  • Best Free Trade Zone in America (4 consecutive years)
  • Emerging Star Project (fDi Magazine)
  • SDG Model Zone Partner (GASEZ)