Retail Opportunity Investments Corp. Issues Annual Environmental, Social & Governance Report
Retail Opportunity Investments Corp. (NASDAQ: ROIC) has released its annual Environmental, Social, and Governance (ESG) report for 2023, showcasing its achievements and ongoing initiatives. The report aligns with the standards set by the Sustainability Accounting Standards Board, the Task Force on Climate-related Financial Disclosures, and the United Nations Sustainable Development Goals. Since its inception 15 years ago, ROIC has grown from one shopping center to 94, driven by its commitment to sustainability and corporate responsibility. This year, the company made significant progress towards its 2025 goals and has set new five-year ESG objectives.
- Retail Opportunity Investments Corp. released its annual ESG report, emphasizing its commitment to sustainability.
- Company grew from one to 94 shopping centers over 15 years, showing substantial business expansion.
- ROIC made significant progress towards its 2025 ESG goals.
- None.
SAN DIEGO, June 26, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report, detailing its ESG achievements during 2023, as well as its ongoing initiatives and goals. The report was prepared in accordance with the Sustainability Accounting Standards Board standards, the Task Force on Climate-related Financial Disclosures framework, and the United Nations Sustainable Development Goals. The report is available at: ROIC ESG Report
Stuart A. Tanz, President and Chief Executive Officer of Retail Opportunity Investments Corp. stated, “Environmental sustainability and corporate responsibility have been an integral part of ROIC’s business strategy ever since we commenced operations and acquired our first shopping center 15 years ago. The growth of our business, from one shopping center in 2009 to 94 shopping centers today, has been grounded in our commitment to prioritizing the well-being and success of our valued employees, long-standing tenants and the communities that our shopping centers serve. As detailed in our newly issued annual ESG report, during this past year we achieved a number of measurable advancements, including making significant progress towards achieving our previous 2025 goals. Based on our accomplishments to date, we have now set new five-year corporate-wide ESG goals which we will endeavor to achieve going forward.”
ABOUT RETAIL OPPORTUNITY INVESTMENTS CORP.
Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. As of March 31, 2024, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings and Fitch Ratings, Inc. Additional information is available at: www.roireit.net.
When used herein, the words "believes," "anticipates," "projects," "should," "estimates," "expects," “guidance” and similar expressions are intended to identify forward-looking statements with the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and in Section 21F of the Securities and Exchange Act of 1934, as amended. Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of ROIC to differ materially from future results expressed or implied by such forward-looking statements. Information regarding such risks and factors is described in ROIC's filings with the SEC, including its most recent Annual Report on Form 10-K, which is available at: www.roireit.net.
Contact:
Carol Merriman
Sustainable Operations & ESG
858-255-7426
esg@roireit.net
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