Taubman Centers, Inc. Named GRESB Retail/Americas Sector Leader for Excellence in Sustainability
15 Diciembre 2020 - 7:00AM
Business Wire
Company debuts new sustainability report
outlining ESG commitment
The 2020 Global Real Estate Sustainability Benchmark (GRESB)
results are in and Taubman Centers, Inc. (NYSE: TCO) has been named
the Retail/Americas Sector Leader for its outstanding
environmental, social and governance (ESG) leadership.
Each year, GRESB assesses and benchmarks the ESG performance of
real assets worldwide. The GRESB Assessments are guided by what
investors and the industry consider to be material issues in the
sustainability performance of real asset investments. The
assessments are aligned with international reporting frameworks,
goals and emerging regulations.
“For generations, Taubman has been working diligently to ensure
that we maintain a standard of excellence in all we do, and our
environmental, social and governance efforts are a top priority,”
said Robert Taubman, the company’s chairman, president and CEO. “We
are honored to receive the Sector Leader distinction this
year.”
The 2020 ESG benchmark covers more than $5.3 trillion in real
asset value, giving clarity and direction to the real asset
investment market as a means to address complex sustainability
challenges. GRESB data is used by hundreds of capital providers and
thousands of asset managers to benchmark investments across
portfolios and understand the opportunities, risks and choices that
need to be made as the industry transitions to a more sustainable
future.
“We reduced energy usage and greenhouse gas emissions, as well
as increased waste diversion last year,” said Taubman’s Facilities,
Energy and Sustainability Director Steve Moore. “It is very
gratifying that in just over a decade, we have reduced controllable
electrical consumption at our U.S. malls by 40 percent.”
More information on Taubman’s ESG efforts can be found in the
company’s newly released sustainability report located in the
Investors section of taubman.com.
About GRESB
GRESB is a mission-driven and investor-led organization
providing standardized and validated Environmental, Social and
Governance (ESG) data to the capital markets. Established in 2009,
GRESB has become the leading ESG benchmark for real estate and
infrastructure investments across the world. In 2020 alone, more
than 1,200 real estate portfolios reported to GRESB covering more
than 96,000 assets. Our coverage for infrastructure includes more
than 540 infrastructure portfolios and assets. Combined, the
reported assets represent US $5.3 trillion AUM. The data is used by
more than 100 institutional and financial investors to monitor
investments across portfolios and navigate the strategic choices
needed for the industry to transition to a more sustainable
future.
Learn more at GRESB.com.
About Taubman
Taubman Centers is an S&P MidCap 400 Real Estate Investment
Trust engaged in the ownership, management and/or leasing of 26
regional, super-regional and outlet malls in the U.S. and Asia.
Taubman’s U.S.-owned properties are the most productive in the
publicly held U.S. mall industry. Founded in 1950, Taubman is
headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in
2005, is headquartered in Hong Kong. www.taubman.com.
For ease of use, references in this press release to “Taubman
Centers,” “we,” “us,” “our,” “company,” “Taubman” or an operating
platform mean Taubman Centers, Inc. and/or one or more of a number
of separate, affiliated entities. Business is actually conducted by
an affiliated entity rather than Taubman Centers, Inc. itself or
the named operating platform.
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version on businesswire.com: https://www.businesswire.com/news/home/20201215005623/en/
Maria Mainville, Taubman, Director, Strategic Communications,
248-258-7469 mmainville@taubman.com
Erik Wright, Taubman, Manager, Investor Relations, 248-258-7390
ewright@taubman.com
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