SANTA MONICA, Calif.,
Oct. 21, 2021 /PRNewswire/ --
Macerich (NYSE: MAC), one of the nation's leading owners, operators
and developers of one-of-a-kind retail properties in top markets,
today announced it has once again earned a #1 ranking from GRESB
for U.S. retail. This is the seventh consecutive year Macerich has
topped GRESB's chart.
Additionally, GRESB (formerly known as the Global Real Estate
Sustainability Benchmark) gave Macerich its #1 performance ranking
for retail in the Americas (out of 35 companies) and the #1 ranking
for disclosure in U.S. retail (Score A).
An important arbiter of environmental, social and governmental
(ESG) performance, GRESB is a mission-driven and industry-led
organization that provides actionable ESG data to financial
markets.
"Earning these exceptional marks from GRESB for seven straight
years demonstrates Macerich's longstanding record for industry
leadership in sustainability," said Olivia
Bartel Leigh, Executive Vice President, Portfolio Operations
and People, Macerich. "Our committed focus on environmental
stewardship, social good and sound, transparent governance makes a
difference not only for investors, but also for our own employees,
industry partners and the communities where we do business."
Macerich's most recent Corporate Responsibility Report, issued
in June 2021, conveys details of the
Company's comprehensive ESG focus, including plans to achieve
carbon neutrality by 2030 – decades ahead of the Paris climate agreement. The full report with
data for the period ending December 31,
2020, can be accessed at
www.macerich.com/sustainability.
About Macerich
Macerich is a fully integrated, self-managed and
self-administered real estate investment trust (REIT), which
focuses on the acquisition, leasing, management, development and
redevelopment of regional malls throughout the United States.
Macerich currently owns 49 million square feet of real estate
consisting primarily of interests in 45 regional shopping centers.
Macerich specializes in successful retail properties in many of the
country's most attractive, densely populated markets with
significant presence on the West Coast and in Arizona, Chicago and the Metro New York to Washington, DC corridor. Additional
information about Macerich can be obtained from the Company's
website at www.macerich.com.
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SOURCE Macerich Company