Brixmor Property Group
Climate Impact & Sustainability Data (2020, 2022)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Community Engagement
- Employee Well-being
Environmental Achievements
- Established an ESG Steering Committee
- Formalized Climate Change Policy
- Published Supplier Code of Conduct
Social Achievements
- Formed a Diversity & Inclusion Leadership Council
- Set goals for employee participation in health and well-being initiatives
Governance Achievements
- Aligned disclosures with SASB and TCFD
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero Carbon emissions by 2045
Medium-term Goals:
- Achieve 50% reduction in Scope 1 and 2 emissions by 2030
- Complete an average of 45 training hours per employee annually
Short-term Goals:
- Stabilize $1.3B+ of value-enhancing reinvestment projects by 2025
- Increase community volunteer participation to 100% by 2025
- Achieve 90% employee participation in company-sponsored health and well-being initiatives annually
Supply Chain Management
Responsible Procurement
- Published Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, TCFD
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:25,617 metric tons (Scope 1 & 2)
Scope 1 Emissions:3,724 tCO2e
Scope 2 Emissions:21,893 tCO2e
Scope 3 Emissions:22,346 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental responsibility
- Community connectivity
- Human capital
- Diversity, Equity, and Inclusion
- Corporate governance
Environmental Achievements
- Reduced like-for-like common area water consumption by 13% by 2022 (compared to 2014 baseline)
- Upgraded 90% of properties to LED lighting by 2022
- Reduced common area GHG emissions by 38% by 2022 (compared to 2018 baseline)
- 6.7MW of on-site renewable energy capacity (solar panels) generated by 2022
- 11% of properties have electric vehicle charging stations by 2022
Social Achievements
- Hosted food drives resulting in over 9,355 meals for communities and gave over 3,200 hours of service to community organizations in 2022
- Company-wide Day of Service
- Enhanced benefits platform based on employee feedback
- Comprehensive training programs
- Company-wide recognition of employee excellence
Governance Achievements
- Received an “A” rating for Public Disclosure for the fourth consecutive year
- Awarded Prime status for Corporate ESG Performance
- Received an “A” rating, with year-over-year improvements in the social and governance pillar scores
- Awarded Green Lease Leader at the Gold Level recognition
- Board of Directors with 33% female and 11% racially diverse representation
Climate Goals & Targets
Long-term Goals:
- Achieve net zero carbon emissions by 2045
Medium-term Goals:
- Reduce common area GHG emissions by 50% by 2030
Short-term Goals:
- Install electric vehicle charging stations at 25% of properties by 2025
- Generate 20MW of on-site renewable energy capacity (solar panels) by 2025
- Achieve Proudly Owned status at 85% of properties by 2025
- Reduce like-for-like common area water consumption by 15% by 2025
- Upgrade all properties to LED lighting by 2025
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Green Star Recipient (six consecutive years)
- Green Lease Leader at the Gold Level