From the 2023 Regency Centers Corporate Responsibility Report: Corporate Responsibility Governance and Strategy

Rhea-AI Summary

Regency Centers' Corporate Responsibility Program is built on four pillars: Our People, Our Communities, Ethics and Governance, and Environmental Stewardship. The program aims to create long-term value for shareholders and stakeholders, maintain company culture, and protect Regency's brand. The company develops near- and long-term goals aligned with these objectives.

The Board oversees the corporate responsibility strategy, with the Nominating and Governance Committee specifically overseeing the Corporate Responsibility Program. The President and CEO leads the Management Executive Committee and has ultimate senior management responsibility for the ESG program.

In 2023, the Nominating and Governance Committee was regularly briefed on strategic sustainability initiatives, goal-setting, progress towards SBTi and TCFD alignment, performance metrics, sustainability reporting, and evolving ESG expectations from investors and stakeholders.

Originally published in the 2023 Regency Centers Corporate Responsibility Report

NORTHAMPTON, MA / ACCESSWIRE / October 2, 2024 / Regency's Corporate Responsibility Program is built on four pillars - Our People, Our Communities, Ethics and Governance, and Environmental Stewardship. It is guided by overarching objectives, including long-term value creation for our shareholders and other stakeholders, the importance of maintaining and nurturing our culture, and protecting and enhancing Regency's brand and reputation. With these pillars and objectives in mind, we develop near- and long-term goals to create alignment with each objective and to ensure that our corporate responsibility initiatives, which are key to our business success, remain at the forefront of our priorities.

Through our Corporate Responsibility Policies and Practices we demonstrate how our commitment to sustainability naturally flows from our core values, and addresses our expectations and requirements with respect to key dimensions of sustainability.

Regency's Board is responsible for the oversight of our corporate responsibility strategy, initiatives, and business alignment, and has delegated to its Nominating and Governance Committee oversight of Regency's Corporate Responsibility Program. Our President and CEO, who leads our four-person Management Executive Committee, has ultimate senior management responsibility for the Company's ESG program, including oversight of our management-led Corporate Responsibility Committee. In her role as leader of the Executive Committee, she is the primary decision-maker on all major ESG initiatives and business alignment.

In 2023, the Nominating and Governance Committee was briefed regularly on our strategic sustainability initiatives, our goal-setting process, progress toward developing goals aligned with SBTi and TCFD, performance against metrics and targets, sustainability reporting, and the landscape of evolving ESG expectations and practices across our investors and other stakeholders.

Read the full 2023 Regency Centers Corporate Responsibility Report

For more about Regency Centers' commitment to Corporate Responsibility click here

View additional multimedia and more ESG storytelling from Regency Centers on 3blmedia.com.

Contact Info:
Spokesperson: Regency Centers
Website: https://www.3blmedia.com/profiles/regency-centers
Email: info@3blmedia.com

SOURCE: Regency Centers

View the original press release on accesswire.com

FAQ

What are the four pillars of Regency Centers' Corporate Responsibility Program?

Regency Centers' (REG) Corporate Responsibility Program is built on four pillars: Our People, Our Communities, Ethics and Governance, and Environmental Stewardship.

Who is responsible for overseeing Regency Centers' corporate responsibility strategy?

Regency Centers' (REG) Board is responsible for overseeing the corporate responsibility strategy, with the Nominating and Governance Committee specifically overseeing the Corporate Responsibility Program.

What role does the President and CEO play in Regency Centers' ESG program?

The President and CEO of Regency Centers (REG) leads the Management Executive Committee and has ultimate senior management responsibility for the company's ESG program, including oversight of the management-led Corporate Responsibility Committee.

What was the Nominating and Governance Committee briefed on in 2023 regarding ESG?

In 2023, Regency Centers' (REG) Nominating and Governance Committee was briefed on strategic sustainability initiatives, goal-setting, progress towards SBTi and TCFD alignment, performance metrics, sustainability reporting, and evolving ESG expectations from stakeholders.