Federal Realty Investment Trust
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
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
- Social
- Governance
Environmental Achievements
- Reduced common area water consumption by 3% (over 6.5 million gallons) from 2018 to 2019
- Installed LED lighting at more than 60% of properties
- Invested nearly $38 million in solar photovoltaic systems at 24 properties, generating over 13 million kWh of electricity annually
- Achieved a 90% estimated diversion rate on LEED construction projects in 2019
- 14 completed LEED certified buildings
- First U.S. REIT-owned LEED for Neighborhood Development Stage 3 Gold certified project in the U.S.
Social Achievements
- Average employee tenure of eight years
- 87% of employees reported being proud to work at Federal (employee engagement survey)
- Hosted or facilitated nearly 700 annual community events
- Partnered with various charities, including Children's National Hospital, Autism Speaks, and Boulder Crest Retreat
Governance Achievements
- Independent Chairman of the Board since 2003
- Diverse board with 2 of 7 Trustees being women
- No reported violations to the company's Code of Conduct hotline for over a decade
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Upgrade remaining properties to LED lighting
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Green Box® standards focusing on resource conservation, minimizing harmful chemicals, maximizing sustainable materials, and efficient waste management
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRESB
Certifications: LEED
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green Box® standards for construction
Awards & Recognition
- 2019 NAIOP DC, MD Chapter Best Sustainable Project Award (Pike & Rose)
- 2019 USGBC National Capital Region, Innovative Project of the Year (Pike & Rose)
- 2016 Maryland Sustainable Growth Award (Pike & Rose)
- International Council of Shopping Centers Design and Development Awards Commendation for Sustainability (The Point, 2018)
- Green Lease Leader – Gold (2018)
- GRESB 4 out of 5 Green Stars for five consecutive years (2015-2019)