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JACKSONVILLE, Fla., June 25, 2019 (GLOBE NEWSWIRE) -- Today, Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ:REG), the preeminent national owner, operator, and developer of shopping centers, has released its Corporate Responsibility Report for 2018. This year’s report reemphasizes the Company’s approach to corporate responsibility, outlines the progress made during the year and describes commitments to future goals in the key areas of environmental, social, and governance initiatives. The full report can be accessed on the Regency Centers website on the Corporate Responsibility page.
“Regency’s commitment to corporate responsibility is evident in our team’s 2018 accomplishments in key areas of environmental, social and governance initiatives, which are exemplified by the Company’s recent inclusion in the S&P 500 ESG index, and MSCI rating upgrade to A,” said Martin E. “Hap” Stein, Jr., Chairman and Chief Executive Officer. “This year, I am proud of our impressive progress and excited to share our key objectives and goals within each of our pillars of responsibility. Through achievement of these objectives, Regency’s progress will continue to benefit our employees, communities, the environment, tenants, and shareholders.”
Regency’s objective is to maintain a high level of employee engagement with an overall score of 85% or greater, while maintaining our award winning benefits and wellness plans and enhancing our focus on diversity. Accomplishments include:
Adhering to Regency’s core values and culture, the Company’s objective is to contribute to the betterment of communities through investment and philanthropic efforts. This includes a commitment to monetary donations as well as employees donating their time through volunteer hours annually. Accomplishments include:
Ethics and Governance
Regency’s objective is to maintain best-in-class corporate governance with adherence to the highest ethical behavior and corporate oversight, while continuing to achieve the highest overall scores from leading shareholder advisory firms. Accomplishments include:
Regency’s objectives include a continued commitment to being good stewards of our environment while reducing our overall impact, represented by our renewed goals to reduce energy consumption, greenhouse gas emissions and waste, coupled with our focus on climate resiliency. Accomplishments include:
Regency’s Corporate Responsibility Report follows the Global Reporting Initiative (GRI) Standards framework. This report has been prepared in accordance with the GRI Standards Core option.
About Regency Centers Corporation (NASDAQ: REG)
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to our 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.
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