Regency Centers Issues 2021 TCFD Climate Change Risk Report and is Recognized for Corporate Responsibility Leadership
January 25 2022 - 8:00AM
Today, Regency Centers Corporation (“Regency” or the “Company”)
(Nasdaq: REG) announced the release of its 2021 Task Force on
Climate-Related Financial Disclosures (TCFD) report. The report,
which supplements and updates the TCFD section in our most current
Corporate Responsibility Report, reflects Regency’s continued
commitment to corporate responsibility best practices and
transparency. A copy of our full TCFD and Corporate Responsibility
reports can be found on Regency’s Corporate Responsibility website,
at RegencyCenters.com.
In line with the TCFD’s recently updated
disclosure recommendations, the report summarizes climate-related
risks and opportunities and their potential impacts on the
Company’s strategy and business. Regency actively plans and
implements actions to assess and mitigate the potential effects of
climate change on our business, and intends to continue to build
upon and revise the results of its climate change risk analysis,
including the introduction of site-specific analysis. We expect
that reporting using the TCFD framework will continue to be part of
Regency’s ongoing Corporate Responsibility program.
“Our focus on climate risk mitigation is a key
part of our continued commitment to best-in-class corporate
responsibility practices,” said Lisa Palmer, President and Chief
Executive Officer. “We will continue to do our part to reduce our
environmental footprint, while analyzing future risks to, and
opportunities in, our portfolio to help guide our capital
allocation strategy and overall strategic planning.”
Regency’s other corporate responsibility
accomplishments throughout 2021 include:
- Achievement of a Global Real Estate
Sustainability Benchmark (GRESB) Green Star for the 7th consecutive
year and an “A” for public disclosure
- Signatory of the Commercial Real
Estate Principles by Renewable Energy Buyers Alliance (REBA)
- Certification as a Green Lease
Leader
- Inclusion for a third year on
Newsweek’s Most Responsible Companies List, ranked top 100
- Currently rated with the highest
score of “1” in each of ISS’s Governance, Environmental, and Social
Quality Score categories
- Inclusion in the 2022 Bloomberg
Gender-Equality Index
- Achievement of the Healthiest
Companies Award from a leading worksite council for the 13th
consecutive year with recognition at the Platinum level for the 7th
consecutive year
- Recognized among the ”Best Places
to Work” by Jax Business Journal
A full list of ratings and recognitions can be
found on Regency’s Corporate Responsibility website.
About Regency Centers Corporation
(Nasdaq: REG)
Regency Centers is the preeminent national
owner, operator, and developer of shopping centers located in
suburban trade areas with compelling demographics. Our portfolio
includes thriving properties merchandised with highly productive
grocers, restaurants, service providers, and best-in-class
retailers that connect to their neighborhoods, communities, and
customers. Operating as a fully integrated real estate company,
Regency Centers is a qualified real estate investment trust (REIT)
that is self-administered, self-managed, and an S&P 500 Index
member. For more information, please visit
RegencyCenters.com. Certain
statements in this report may be “forward-looking statements.”
These statements are based on the current expectations of Regency
Centers and are subject to uncertainty and changes in
circumstances. These statements are not guarantees of future
results or occurrences. Actual results and financial condition may
differ materially from those anticipated or expected from or
represented by these statements due to a variety of factors,
including, among others, socio-demographic and economic trends,
energy prices, technological innovations, climate-related
conditions and weather events, legislative and regulatory changes
and other unforeseen events or conditions, the potential impacts of
climate change on our business and our ability to mitigate them,
and the precautionary statements included in Regency Centers’
filings with the Securities and Exchange Commission (SEC). Any
forward-looking statements made by or on behalf of Regency Centers
speak only as to the date they are made, and Regency Centers does
not undertake to update forward-looking statements to reflect the
impact of circumstances or events that arise after the date the
forward-looking statements were made. In addition, while this
report describes potential future events that may be significant,
the significance of those potential events should not be read as
equating to materiality as the concept is used in Regency Centers’
filings with the SEC.
Christy McElroy904 598
7616ChristyMcElroy@RegencyCenters.com
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