NEW
YORK, June 17, 2022 /PRNewswire/ -- Brixmor
Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company")
announced today the release of its fourth annual Corporate
Responsibility (CR) Report, which provides a comprehensive overview
of the Company's strategy to improve the environmental, social, and
economic well-being of its stakeholders, as well as measurements,
stories, and case studies of Brixmor's progress with respect to
related initiatives.
2021 milestones include:
- Formalized the Company's Human Rights and Climate Change
policies
- Integrated climate change risk assessments into the due
diligence process for acquisitions and reinvestments
- Signed the CEO Action! for Diversity and Inclusion pledge
- Launched an Employee Resource Group to further support
Diversity, Equity, and Inclusion initiatives
- Achieved an average gender pay gap of zero for the second
consecutive year
- Served Brixmor's communities and 50 non-profit organizations
through 3,400 hours of volunteer service and $232,000 of donations
Notable progress on Environmental, Social, and Governance (ESG)
goals includes:
- Continued progress in support of Diversity, Equity, and
Inclusion initiatives introduced in 2020, with an emphasis on
inclusive recruitment and early career development; employee
engagement, mentorship, and education; and enhanced transparency
and accountability through verification of social performance
indicators
- Reduced greenhouse gas emissions by 38% compared to the 2018
baseline year, up from a 36% reduction, as of December 31, 2021
- Increased on-site renewable energy systems to a total capacity
of 6.7 MW, up from 5.6 MW of capacity, as of December 31, 2021
- Increased availability of electric vehicle charging stations to
11.0% of the Company's portfolio, up from 10.4% of the portfolio,
as of December 31, 2021
- Converted 90% of the Company's portfolio to LED lighting, up
from 81% of the portfolio, as of December
31, 2021
"Our strong commitment to ESG directly aligns with Brixmor's
core values and our mission to be the center of the communities we
serve," stated James Taylor, Chief
Executive Officer and President. "In addition to our long-standing
emphasis on strong corporate governance, we've made substantial
progress in the areas of environmental sustainability and
diversity, equity, and inclusion. Through actions small and large,
we continue to serve our communities, benefit the environment, and
support a culture of inclusion and ownership."
To learn more and read the entire CR report, please visit
https://www.brixmor.com/why-brixmor/corporate-responsibility.
CONNECT WITH BRIXMOR
• For additional information, please visit
https://www.brixmor.com;
• Follow Brixmor on:
° Twitter at https://www.twitter.com/Brixmor
° Facebook at https://www.facebook.com/Brixmor
° Instagram at
https://www.instagram.com/brixmorpropertygroup
° YouTube at https://www.youtube.com/user/Brixmor;
and
• Find Brixmor on LinkedIn at
https://www.linkedin.com/company/brixmor.
ABOUT BRIXMOR PROPERTY
GROUP
Brixmor (NYSE: BRX) is a real estate investment trust (REIT)
that owns and operates a high-quality, national portfolio of
open-air shopping centers. Its 380 retail centers comprise
approximately 67 million square feet of prime retail space in
established trade areas. The Company strives to own and operate
shopping centers that reflect Brixmor's vision "to be the center of
the communities we serve" and are home to a diverse mix of thriving
national, regional and local retailers. Brixmor is a proud real
estate partner to over 5,000 retailers including The TJX Companies,
The Kroger Co., Publix Super Markets and Ross Stores.
Brixmor announces material information to its investors in SEC
filings and press releases and on public conference calls, webcasts
and the "Investors" page of its website at https://www.brixmor.com.
The Company also uses social media to communicate with its
investors and the public, and the information Brixmor posts on
social media may be deemed material information. Therefore, Brixmor
encourages investors and others interested in the Company to review
the information that it posts on its website and on its social
media channels.
SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements include, but are not limited to, statements related to
the Company's expectations regarding the performance of its
business, its financial results, its liquidity and capital
resources and other non-historical statements. You can identify
these forward-looking statements by the use of words such as
"outlook," "believes," "expects," "potential," "continues," "may,"
"will," "should," "seeks," "projects," "predicts," "intends,"
"plans," "estimates," "anticipates" or the negative version of
these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties,
including those described under the sections entitled
"Forward-Looking Statements" and "Risk Factors" in the Company's
Annual Report on Form 10-K for the year ended December 31, 2021, as such factors may be updated
from time to time in our periodic filings with the SEC, which are
accessible on the SEC's website at www.sec.gov. Accordingly, there
are or will be important factors that could cause actual outcomes
or results to differ materially from those indicated in these
statements. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
that are included in this release and in the Company's filings with
the SEC. The Company undertakes no obligation to publicly update or
review any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as required
by law.
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SOURCE Brixmor Property Group Inc.