“I am honored to present Tropicalia’s 2018 Sustainability Report. As CEO of Cisneros, I am thrilled by our progress across a decade of work, as we strive to create one of the most sustainable luxury resorts in the world.”
Signed an agreement with Bouygues Construcciones República Dominicana, responsible for the construction of Four Seasons Tropicalia.
Established a sustainability business unit to further structure and build out sustainability practices throughout the Cisneros Real Estate portfolio, including Tropicalia.
Closed on a financing agreement with IDB Invest and IFC for a total of US$119.5 million. 100% of IFC’s loans are financed through Green Bonds.
Fundación Tropicalia celebrates its 10-year anniversary, registering more than 10,000 participations in its programs and US $5 million invested in the local community.
Tropicalia is a sustainable luxury resort development created by Cisneros Real Estate and located in Miches, Dominican Republic, the most internationally accessible destination in the Caribbean.
Fundación Tropicalia drives sustainable, socioeconomic development in the Miches community by striking multi-sector partnerships and working with the local community. In 2018, we celebrate ten years working with Miches.
This is our third year referencing the guidelines and disclosures established by the Global Reporting Initiative (GRI). Our report is self-assured and our index includes the G-4 GRI Sustainability Reporting Standards that are material to Tropicalia, Fundación Tropicalia, and our industry.
Tropicalia Sustainability Report 2018 © All rights reserved Tropicalia República Dominicana
International Lenders and Financing
Economic sustainability is an intrinsic part of our project. The financing of Tropicalia by IFC and IDB Invest as their first sustainable high-end resort in Latin America and the Caribbean is a testament to our environmental and social commitments.
Our Management Systems and Programs
Tropicalia’s work to advance environmental sustainability complements its design process as well as its community engagement initiatives. We protect and conserve the natural environment using sustainable site development and destination management to maintain biological integrity, habitat connectivity, and green space.
The Importance of Sustainable Design
In addition to aligning Four Seasons Tropicalia’s design with the United States Green Building Council’s (USGBC) standards to pursue LEED certification, the design of Four Seasons Tropicalia is positioned to comply with the IFC’s rigorous standards for Excellence in Design for Greater Efficiencies (EDGE).
10 Years Working with Miches
Since 2008, Fundación Tropicalia (FT) supports the socioeconomic development of the Miches community through multisector partnerships and high-impact and innovative programs related to sustainable agriculture, gender equality, education, environmental education, entrepreneurship, microfinance; in four key areas: productivity, environment, education, and sociocultural advocacy.