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 23 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Regency Centers's reported carbon emissions
In 2023, Regency Centers Corporation reported significant carbon emissions from its operations in the US, totalling approximately 3,223,000 kg CO2e for Scope 1 emissions, 24,870,000 kg CO2e for Scope 2 emissions, and a substantial 331,949,000 kg CO2e for Scope 3 emissions. The Scope 1 emissions breakdown includes 308,000 kg CO2e from mobile combustion, 880,000 kg CO2e from fugitive emissions, and 2,034,000 kg CO2e from stationary combustion. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 28% reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and is classified as consistent with keeping global warming well below 2°C. Regency Centers also aims to measure and reduce its Scope 3 emissions, which encompass a wide range of indirect emissions from its value chain. The company’s proactive approach to climate commitments reflects its dedication to sustainability within the real estate sector.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000,000 |
| Scope 2 | - | - | 00,000,000 |
| Scope 3 | - | - | 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 participating in some of the initiatives that 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.
