PREIT

Climate Impact & Sustainability Data (2021)

Reduced KWH consumption by 14% in 2020 (excluding two months of closure) compared to 2019
Installed solar panels on five centers, generating over 7.7 million kilowatt-hours of energy per year
Over 85% of centers have white roofs to reflect sunlight and reduce energy usage
Over half of centers utilize peak demand monitors for energy cost savings
Installed energy-efficient LED lighting at over half of properties
All 19 centers and corporate office participate in recycling programs (cardboard, glass, plastic, clothing, books, cooking oil)
Installed a filtered water dispenser at corporate office, saving nearly 3,000 plastic bottles by October 22, 2021

Supported employers with job fairs at properties, bringing together businesses and job-seekers
Hosted hundreds of community events annually
Donated 245 boxes and over 25,000 diapers to 13 organizations for Mother’s Day
Donated $10,000 to 14 organizations combating food insecurity for Father’s Day
Collected over 2,000 backpacks and supplies for 10 non-profits during back-to-school season
Acted as host sites for blood drives, food donation drives, food distribution, and distribution of protective supplies during the pandemic
Hosted eight testing locations and four vaccination sites, including a mega-site at Moorestown Mall
Installed 10 PPE vending machines on properties
Launched "Support Black-Owned Business and Brands 365" initiative with custom website pages and showcases
Highlighted over 100 small businesses on social media
Created "Shop Local" web pages aggregating e-commerce sites for small businesses
Developed an "SBA Resources" page for small businesses
Relocated corporate headquarters to improve workplace environment and collaboration
Offered employees two mental health days to reduce burnout
Provided mandatory compliance training for full-time employees
Maintained a diverse workforce (63% female, 21% minority as of October 5, 2021)
Established a DE&I task force to set goals for 2022 and beyond

Sustainability practices and goals overseen by the Board of Trustees, specifically the Chair of the Nominating and Governance Committee
ESG goals included in management team’s 2021 annual incentive plan
Actively working to roll out human rights policy and supplier code of conduct by the end of 2021
Intends to begin tracking Net Promoter Score among business partners in 2022

Adapting to changing consumer and tenant needs
Diversifying property offerings (multi-family, health & life sciences, essentials, experiential)
Implementing energy efficiency measures (LED lighting, white roofs, peak demand monitoring, solar energy)
Expanding recycling programs
Installing EV charging stations
Supporting small and emerging businesses
Creating a flexible and supportive work environment for employees
Implementing new protocols to promote hygiene and avoid the spread of COVID-19

Climate Change Data