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Regency Centers Corporation, commonly referred to as Regency Centers, is a leading player in the real estate services industry, headquartered in the United States. Founded in 1961, the company has established a strong presence in major operational regions across the country, focusing primarily on the development, management, and leasing of retail shopping centres.
Regency Centers is renowned for its commitment to creating vibrant, community-oriented spaces that enhance the shopping experience. The company’s unique approach combines strategic site selection with a diverse tenant mix, ensuring that each property meets the needs of its local market. With a robust portfolio and a reputation for excellence, Regency Centers has achieved significant milestones, positioning itself as a trusted name in retail real estate.
-5 vs industry average
Regency Centers’s score of 24 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Regency Centers, a real estate services company headquartered in the US, has reported significant greenhouse gas (GHG) emissions. In 2023, the company's total GHG emissions were approximately 3.68 billion tonnes CO2e. This total is comprised of Scope 1 emissions totalling about 3.22 billion tonnes CO2e, Scope 2 emissions at approximately 20.60 billion tonnes CO2e, and Scope 3 emissions amounting to about 331.95 billion tonnes CO2e. For 2022, Regency Centers reported total emissions of approximately 22.94 million kg CO2e (Scope 1 and 2 combined).
Regency Centers has established ambitious climate commitments. They aim to reduce Scope 1 and 2 GHG emissions by 28% by 2030, using a 2019 base year, as validated by the Science Based Targets initiative (SBTi). Furthermore, the company is committed to measuring and reducing its Scope 3 emissions. Looking further ahead, Regency Centers has set a long-term goal to achieve net zero Scope 1 and 2 GHG emissions by 2050.
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2030
28% reduction in Scope 1
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
2030
28% reduction in Scope 2
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
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Common questions about Regency Centers’s sustainability data and climate commitments
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