SANTA MONICA, Calif.,
Dec. 22, 2020 /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 earned highest honors from two
major global sustainability authorities: inclusion on the
prestigious CDP Climate Change A List for 2020, and GRESB's #1
Performance score in the Americas Retail Sector.
This year, more than 9,600 companies responded to the CDP
questionnaire, and only 3% made the Climate Change A List. The
Global Real Estate Sustainability Benchmark (GRESB) is a leading
international resource on sustainability performance for real
estate investors.
"These notable achievements, both earned year after year, speak
to Macerich's consistent industry leadership in sustainability,"
said Tom O'Hern, Chief Executive
Officer, Macerich. "Our longstanding focus on environmental
stewardship is meaningful not only to investors, but also to our
employees, retailers, business partners, shoppers and communities
that prioritize efforts to mitigate climate change."
Macerich's sustained environmental commitment is one part of the
Company's dedication to meeting the needs of people, communities
and the planet. "In this demanding year, Macerich has responded
with new, best-in-class wellness protocols that have earned the
Bureau Veritas SafeGuard™ Hygiene Excellence and Safety
Certification for key properties," said O'Hern. "At the same time,
we also have stepped up to help address food insecurity in our
communities stemming from the pandemic – and we just completed our
'One Million Meals Challenge,' which is delivering important local
support."
Launched in August, Macerich's One Million Meals Challenge
included a major contribution from the Company. The program engaged
employees and local shoppers at properties throughout its
nationwide portfolio to contribute non-perishable food items, which
Macerich is directing to dozens of food banks across the country.
Throughout 2020, along with food drives, Macerich centers continued
to support local communities with technology donations to schools
and hospitals, as well as by serving as outdoor locations for blood
drives, COVID testing, graduation ceremonies and religious
services, plus voting and more.
For more information on Macerich's corporate responsibility
efforts and impacts, including disclosures and metrics recommended
within the Task Force on Climate-related Financial Disclosures
format (TCFD), please view our most recent report.
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 51 million square feet of real estate
consisting primarily of interests in 47 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. A recognized leader
in sustainability, Macerich has earned CDP A List status for five
years and achieved the GRESB Green Star rating in the North
American Retail Sector for six consecutive years, 2015-2020.
Additional information about Macerich can be obtained from the
Company's website at www.macerich.com.
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SOURCE Macerich Company