Public Profile

Regency Centers

Regency Centers Corporation, commonly referred to as Regency Centers, is a leading real estate investment trust (REIT) headquartered in the United States. Established in 1961, the company has built a strong presence in major operational regions across the country, focusing primarily on the retail sector. Regency Centres is renowned for its high-quality shopping centres, which are strategically located in affluent markets. The company’s core offerings include the development, management, and leasing of retail properties, with a unique emphasis on creating vibrant community spaces that foster local engagement. Regency Centers has achieved notable milestones, including a robust portfolio of properties that consistently attract top-tier tenants. With a commitment to sustainability and innovation, Regency Centers stands out in the competitive landscape of retail real estate, solidifying its position as a trusted leader in the industry.

DitchCarbon Score

How does Regency Centers's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

33

Industry Average

Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Regency Centers's score of 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Regency Centers's reported carbon emissions

In 2023, Regency Centers reported significant carbon emissions, totalling approximately 331,949,000,000 kg CO2e across all scopes. This includes about 3,223,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 20,603,000,000 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity. The company also disclosed Scope 3 emissions, which amounted to around 331,949,000,000 kg CO2e, covering a wide range of activities including business travel and waste generated in operations. In 2022, Regency Centers reported a total of about 293,036,000,000 kg CO2e in Scope 3 emissions, alongside 2,393,900,000 kg CO2e from Scope 1 and 2 combined. The company has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for future commitment in climate action. Overall, Regency Centers' emissions data highlights the scale of their carbon footprint, particularly in Scope 3 emissions, which are often the most challenging to manage. The absence of defined reduction targets suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.

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20172020202120222023
Scope 1
469,000
0,000,000
-
0,000,000,000,000
0,000,000,000,000
Scope 2
31,812,000
00,000,000
-
00,000,000,000,000
00,000,000,000,000
Scope 3
-
000,000,000
-
000,000,000,000,000
000,000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Regency Centers's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Regency Centers is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Regency Centers is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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