Coyol Free Zone not only integrates sustainability policies into its processes but also aligns its practices with the Sustainable Development Goals

In recent years, Coyol Free Zone has been at the center of the development of the Life Sciences industry and smart manufacturing in Costa Rica and we are a model of industrial excellence for our ability to supply high value-added export products and services to the global market.

We have also become an icon of progress, combining talent, sustainability, and technology. The key to our success is a business strategy in harmony with a philosophy of sustainability, combining efforts so that social, environmental and economic projects generate a significant and positive impact on all our stakeholders.

This entails a commitment to progress and development in every corner of our area of influence and is designed to ensure the wellbeing of people, foster community prosperity, and preserve natural resources for current and future generations.

Human capital is the main piece for development. The increase in personnel in the companies present in the Park has allowed us to boost efficiently and timely a sustainability strategy that make them part of our joint progress.

These initiatives are centered on creating and maintaining a virtuous ecosystem that includes not only the creation of quality jobs and the attraction of world-class companies, but also the development of productive chains based on local suppliers.

Known as our triple-impact approach, it gives the sustainability strategy a mature, long-term level of integration and consistency.

Coyol Free Zone: Access to an Ample Trained, Competitive, and Committed Human Talent

Committing to the Sustainable Development Goals (SDGs)

Coyol Free Zone not only integrates sustainability policies into its processes, but also adheres its practices to the Sustainable Development Goals (SDGs):

SDG 3: Health and Well-being: Most companies located in Coyol Free Zone are dedicated to the Life Sciences industry specifically to the creation of Medical Devices that improve and save millions of lives worldwide.

We also held a blood donation campaign and a Health Fair, which featured a medical office and offered personalized attention and discounts on many services and clinical exams, in addition to promoting wellbeing.

SDG 4: Quality Education: Coyol Free Zone is engaged in improving education in its area of influence through training programs, improvements in infrastructure, and equipment of educational centers, which improves the skills of young people interested in developing their careers in the Life Sciences and smart manufacturing industries.

In fact, the 2023 edition of the Clásica Coyol sports race raised more than US$17,000, used to equip technical specialties in high schools, promoting STEM education in critical areas for the medical device industry.  The Clásica Coyol race, an initiative that supports sport, recreation, and wellness, was attended by more than 2,200 competitors from companies located in the Coyol Free Zone, establishing a participation record.

SDG 6: Clean Water and Sanitation: We are committed to preserving water resources for current and future generations through responsible practices for sustainable water use, wastewater treatment and reuse, and reforestation in water recharge areas.

Out of the total treated water in our Park during 2023, 22,037,648.8 ft³ were treated, and 1,794,362.5 ft³ were used for green area irrigation.

SDG 7: Affordable and Clean Energy: We promote responsible consumption and generation of energy from renewable sources. For example, we promote recycling in common areas of the Park, have parking spots with EV chargers, and adequately dispose construction materials in every construction process.

SDG 8: Decent Work and Economic Growth: By the end of 2023, the companies located in the Park employed more than 23,000 people. In 2023 alone, they created more than 1,700 quality job positions.

SDG 9: Industry, Innovation and Infrastructure: World-class construction projects are carried out in Coyol Free Zone with high international standards and innovative, sustainable designs. We offer quality construction solutions that are environmentally friendly and resource-efficient.

SDG 12: Responsible Consumption and Production: We aim to improve efficiency in all infrastructure processes, utilizing best practices while minimizing negative impacts on the environment and the surrounding community.

SDG 15: Life on Land: Close to 19% of the territory of Coyol Free Zone is dedicated to green or protected areas. There are also environmental initiatives, such as reforestation campaigns, support for biological corridors, and biodiversity projects. Furthermore, every subsidiary property must reserve 10% of its land for green areas.

SDG 17: Partnerships to Achieve the Goals: Continuous and strategic alliances are established with stakeholders, such as academy, government, communities, and customers, with the aim of joining efforts to achieve common environmental, social, economic, and governance objectives, positively impacting our area of influence.

A conscious and active adherence to the SDGs not only benefits the environment, but also brings wellbeing to the surrounding communities, the workers of the companies based in the Park and improves people’s quality of life.

Coyol Free Zone reaffirms our commitment to sustainable and inclusive development, demonstrating that economic growth can and should go hand to hand with social welfare and environmental preservation.

We will continue to work tirelessly to ensure operations and development projects generate a positive and lasting impact, aligning with the SDGs and contributing to the progress of our surrounding communities.