Tanger Sustainability Profile
Tanger Factory Outlet Centers, Inc., commonly known as Tanger, is a leading player in the retail industry, specialising in outlet shopping. Headquartered in the United States, Tanger operates numerous centres across major regions, providing consumers with access to a wide array of brand-name merchandise at discounted prices. Founded in 1981, the company has achieved significant milestones, including the development of over 40 outlet centres nationwide. Tanger's core offerings include a diverse selection of retail outlets featuring apparel, home goods, and accessories, all distinguished by their commitment to quality and value. The company has established a strong market position, recognised for its innovative shopping experiences and customer-centric approach. With a focus on sustainability and community engagement, Tanger continues to set itself apart in the competitive landscape of outlet retailing.
DitchCarbon Score
How does Tanger'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
Tanger's score of 36 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tanger's reported carbon emissions
In 2023, Tanger reported total carbon emissions of approximately 8,687,000 kg CO2e, comprising 677,000 kg CO2e from Scope 1 and 8,010,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were about 9,373,000 kg CO2e, with Scope 1 emissions at 927,000 kg CO2e and Scope 2 at 8,446,000 kg CO2e. Tanger's emissions data for 2021 included Scope 1 emissions of 270,000 kg CO2e, Scope 2 emissions of 1,865,000 kg CO2e, and Scope 3 emissions of 5,156,000 kg CO2e, resulting in a total of approximately 10,591,000 kg CO2e for Scope 1 and 2 combined. The company has demonstrated a commitment to reducing its carbon footprint, achieving a nearly 4% decrease in GHG emissions per square foot and over a 2% reduction in emissions per million dollars in revenue from 2016 to 2017. Tanger has not disclosed any Scope 3 emissions data for 2023, and there are currently no Science-Based Targets Initiative (SBTi) reduction targets in place. The emissions data is sourced directly from Tanger Inc. and reflects their ongoing efforts to enhance sustainability practices within their operations.
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| 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,388,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | - | - |
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Tanger's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tanger has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
