Federal Realty Releases 2024 Sustainability Report
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FRT) Releases 2024 Sustainability Report" alt="Federal Realty Investment Trust (NYSE: FRT) Releases 2024 Sustainability Report" />
Key highlights from the report include:
- Achieved a 35% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions—marking strong progress toward the Science Based Target initiative-approved goal of a 46% reduction by 2030
- Reached 15.3MW of onsite solar generating capacity, the largest of any shopping center company according to the Black Bear Solar Leaderboard, underscoring Federal's continued leadership in renewable energy
- Sourced 51% of total electricity consumption from zero-carbon power in 2024
View the full report for in-depth information pertaining to Federal Realty's sustainability initiatives by visiting www.federalrealty.com/sustainability-report-2024.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as Northern and Southern California. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose,
Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
Investor Inquiries: Senior Vice President, Investor Relations 301.998.8265 | Media Inquiries: Senior Director, Corporate Communications 301.998.8316 |
View original content to download multimedia:https://www.prnewswire.com/news-releases/federal-realty-releases-2024-sustainability-report-302467928.html
SOURCE Federal Realty Investment Trust
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