Contempo

Green and Gold

6934 8B87

Authors

Mauricio Felix

Mauricio Felix

Gustavo A Yepes López

Gustavo A Yepes López

School

Universidad Externado de Colombia

Universidad Externado de Colombia

Professor

Gustavo A Yepes López

Gustavo A Yepes López

Global Goals

6. Clean Water and Sanitation 7. Affordable and Clean Energy 9. Industry, Innovation and Infrastructure 11. Sustainable Cities and Communities

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Summary

  • This is an initiative to generate a change in the development of real estate projects to promote the importance and the sense of developing environmentally sustainable constructions, transforming the business model to meet fundamental objectives such as saving water, low carbon, and energy saving, among others.
  • Applying engineering knowledge and a modern system of project development, a perfect harmony between engineering and design teams is achieved so that all constructions and projects are socially and environmentally sustainable.

Innovation

  • Contempo uses its knowledge in engineering and design for the development of projects that guarantee social and environmental sustainability.
  • Contempo is a pioneer in environmental construction models, making all its projects run in an environmental model. The company's projects reduce potable water consumption by 20%, CO2 emissions by 33%, energy consumption by 40%, and use of raw material by 40%.
  • Contempo has a social inclusion model for the elderly in which they intervene throughout the development of the project, from the design to the delivery and use of the property.

Green and Gold

Inspiration

  • It is estimated that in the coming decades, more than half the world's population will live in cities, and taking into account the increase in global temperature and the increase in CO2 emissions, it is necessary to implement sustainable solutions in dwellings and urban buildings.
  • Contempo understands this situation very well and therefore develops environmentally sustainable projects using techniques that allow the development of highly environmental constructions, with methods that allow the saving of water, energy, and raw materials and directly mitigate CO2 emissions.

Overall impact

  • With the techniques and procedures for the development of building projects, a high social and environmental impact is generated to improve the quality of life in the cities.
  • The environmental impact is seen on a large scale in the direct savings in water, energy, and raw material consumption and in the reduction of carbon, managing to improve the health of the environment for the communities that inhabit it.
  • The economic impact on the stakeholders is important because in their business model the business participants intervene from the beginning of the project until the delivery and in many cases the use of the project, ensuring that the economic model is developed to include all interest groups at all times.

Business benefit

  • Contempo presents a modern business model that is sustainable and of high financial impact.
  • With its business model, financial instruments are created through sophisticated investment vehicles based on solid real estate, developed in an environmentally sustainable way and professionally operated with the investor owner's vision to generate value for partners, investor clients, and users of the spaces.

Social and environmental benefit

  • All of Contempo's constructions generate a high environmental benefit, focusing on saving water, energy, and raw materials as well as reducing carbon emissions to guarantee healthy environments for the communities that live in all its projects.
  • The social benefit is to all its interest groups, both partners and (mainly) clients, in generating sustainable environments both socially and financially.

Interview

Ernesto Estefan, President

Photo of interviewee

Business information

Contempo

Contempo

Bogotá, CO
Business Website: http://www.grupo-contempo.com/
Year Founded: 1969
Number of Employees: 51 to 200
Through its passion, unity, and discipline, Contempo aims to become the pioneer company in creating and operating vanguard commercial spaces that are environmentally sustainable and socially responsible. The company's values-centered leadership is changing the consciousness of the real estate sector.