REG

Regency Centers' 2023 Corporate Responsibility Report Highlights Commitment

Regency Centers Corporation (NASDAQ: REG) has just released its 2023 Corporate Responsibility Report, showcasing its environmental, social, and governance progress and achievements. The report highlights the company's commitment to corporate responsibility and transparent disclosure, as well as its recent awards and recognition.

Under the pillar of "Our People," Regency achieved a record high employee engagement score of 88% and received the Healthiest Companies Award from the First Coast Workplace Wellness Council for the 15th consecutive year. Additionally, the company was included in the Bloomberg Gender-Equality Index.

In terms of "Our Communities," Regency and its employees contributed approximately $1.7 million to charitable causes and volunteered over 3,000 hours to local communities. The company also joined the 988 Suicide & Crisis Lifeline in the "Signs of Hope" campaign and was recognized among the "Best Places to Work" by the Jacksonville Business Journal.

The "Ethics and Governance" pillar saw Regency being one of only 40 S&P 500 companies led by a female CEO. The board also boasted gender and ethnic diversity representation of 45%. Regency was ranked 6th overall on Newsweek's Most Responsible Companies list and 1st in the "Real Estate and Housing" industry.

Regarding "Environmental Stewardship," Regency made significant progress toward its 2030 Scope 1 and 2 greenhouse gas emissions reduction target, achieving a cumulative reduction of 18% from the 2019 baseline year. The company also exceeded its 2030 onsite renewable energy goal and launched a new Green Building Taskforce to reignite its green building certification program.

Regency Centers Corporation is a national owner, operator, and developer of shopping centers, known for its thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers. As a fully integrated real estate company, Regency Centers is a qualified Real Estate Investment Trust (REIT) and an S&P 500 Index member. Following these announcements, the company's shares moved -0.5%, and are now trading at a price of $60.27. For the full picture, make sure to review Regency Centers's 8-K report.

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