Jacksonville, Fla. -- Shopping center owner and developer Regency Centers announced Tuesday it has been ranked in the top quintile of 280 publicly traded companies headquartered in the Southeastern U.S. for its environmental, social, and governance factors and policies.
Regency received the honor as part of the first annual Southeastern Corporate Sustainability Rankings performed by Boston-based KLD Research and Analytics.
“We’re extremely pleased to be included in an impressive list of publicly traded companies committed to corporate sustainability,” said Brian Smith, Regency’s president and COO. “Moving forward, we will strive to continue our leadership position in our industry as we explore even better ways to incorporate sustainability into our operations.”
KDL developed the custom regional ranking methodology for GreenBusiness Works, an Atlanta-based organization dedicated to creating awareness and providing education to businesses and industry regarding corporate sustainability. The companies are ranked into five statistical groupings, or Quintiles, with those in the first Quintile scoring best and those in the fifth scoring worst.
Regency currently owns 399 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompasses 53.1 million sq. ft.