What does working with the
Community mean for
CONSERVATORIO?
Our business tends to cause two
negative externalities
Displacement of
existing residents
Cultural
homogenization.
At Conservatorio we believe that
urban revitalization is critical
to latin america's development
and can be done sustainably
by containing our negative
externalities and creating impact.
WHAT WE MEAN BY CREATING IMPACT
Business as Usual
Focus only on creating shareholder value regardless of damage caused by the consequences of your business
Example: Typical real estate developer.
Conservatorio’s
baseline
Responsible
Business
Contain the negative externalities of your business.
Example: building one affordable unit for each luxury unit and preferring local business.
Conservatorio’s
goal
Impact Business
Business that goes beyond containing its negative externalities and also actively seeks to share value with other stakeholders while also generating profits for its shareholders.
Example: Esperanza Local Community Empowerment -MIT Project
Business as Usual
Focus only on creating shareholder value regardless of damage caused by the consequences of your business
Example: Typical real estate developer.
Responsible
Business
Contain the negative externalities of your business.
Example: building one affordable unit for each luxury unit and preferring local business.
Impact Business
Business that goes beyond containing its negative externalities and also actively seeks to share value with other stakeholders while also generating profits for its shareholders.
Example: Esperanza Local Community Empowerment -MIT Project