Fifco and the Environment

FIFCO AND
THE ENVIRONMENT

FIFCO’s priorities in the Environmental Dimension continue as one of the pillars in its triple bottom line strategy.

Water resource management, elimination, reduction and valorization of post-industrial waste, post-consumer collection, energy and greenhouse gas (GHG) emissions stand out.

At the forefront of environmental sustainability, FIFCO added the elements of adaptation and climate impact management to its strategy and operation.

True to our triple bottom line business model and leadership in sustainability, we updated our Climate Action Strategy, seeking greater resilience to present and future environmental impacts. Learn more in this video:

360° PLASTIC AGENDA

Since 2018, FIFCO has been working on a transformational agenda focused on the use of sustainable packaging, under the current name Plásticos 360° (Plastic 360°), this with the purpose of accurately naming its main work objective.

COMPENSATION

We maintain the external compensation process by protecting watersheds through the Payments for Environmental Services (PSA's) mechanism of the National Forestry Financing Fund (FONAFIFO). Additionally and as another mechanism that contributes to mitigate consumption, since 2015 FIFCO participates in the first water fund in Costa Rica called Agua Tica.

WATER POSITIVE

After achieving a neutral water footprint thanks to the compensation mechanism, FIFCO decided to make an additional effort and reach positive value. This is achieved through water fixation projects and community water projects that are being developed together with our collaborators, with the purpose of returning more water to the water system than it takes from it.

ENERGY, EMISSIONS AND CARBON POSITIVE

Among the most relevant components for the company's carbon footprint verification are energy consumption and the emissions generated in our operations. This strategy is maintained in 4 phases: Measurement, Control and Reduction, Verification and Reporting, and Compensation.

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