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.
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.
Industry Benchmark
Regency Centers's score of 38 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Regency Centers's reported carbon emissions
In 2023, Regency Centers reported total carbon emissions of approximately 23,826,000 kg CO2e from Scope 1 and Scope 2 sources. This includes Scope 1 emissions of about 3,223,000 kg CO2e, which comprise mobile combustion (308,000 kg CO2e), fugitive emissions (880,000 kg CO2e), and stationary combustion (2,034,000 kg CO2e). Scope 2 emissions were approximately 20,603,000 kg CO2e. Additionally, the company reported Scope 3 emissions of around 331,949,000 kg CO2e, with significant contributions from downstream leased assets (267,291,000 kg CO2e) and waste generated in operations (55,384,000 kg CO2e). Regency Centers has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 28% by 2030, using 2019 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to well below 2°C. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to climate action within the real estate sector.
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| 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 469,000 | 0,000,000 | - | 0,000,000 | 0,000,000 |
| Scope 2 | 31,812,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
