Double Materiality: An Integrated Approach to Business Success
Alfredo Volio
Sustainability has moved beyond being an optional add-on — it’s now a fundamental part of the business model.
Evaluating environmental, social, and governance (ESG) criteria is no longer a secondary issue. Today, it’s central to achieving success in the short, medium, and long term.
At Portafolio Inmobiliario, we understand that the business world demands a profound shift in how we measure impact, assess risk, and identify opportunities.
That’s why, in updating our strategy for 2025–2030, we’ve made double materiality the cornerstone of our management approach. This decision marks a turning point in our evolution as Costa Rica’s leading real estate developer — moving from a strategy that treated economic results separately from ESG performance, to one that integrates them on equal footing.
This approach pushes us to look beyond the traditional financial impact of corporate decisions, considering their social and environmental repercussions as well. Adopting a double materiality strategy not only improves transparency and accountability, but also enhances decision-making by offering a holistic view of risks and opportunities.
We are convinced this is the right path toward a more prosperous, equitable, and sustainable future.
