Climate Change Data

Kimco Realty Corp.

Climate Impact & Sustainability Data (2016)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:122,660 metric tonnes CO2e (Scope 1: 2,414; Scope 2: 51,141; Scope 3: 69,105)
Scope 1 Emissions:2,414 metric tonnes CO2e
Scope 2 Emissions:51,141 metric tonnes CO2e
Scope 3 Emissions:69,105 metric tonnes CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:127,711 MWh
Water Consumption:1.5 Billion gallons
Waste Generated:137,479 metric tons to landfill; 32,249 metric tons to incineration; 57,313 metric tons recycled
Carbon Intensity:0.000046 Metric Tons CO2e per Dollar of Revenue

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 18.2% cumulative reduction in same-site energy consumption since 2011; 2.3% reduction from 2015 to 2016.
  • 25% reduction in same-site common area electric use at properties with efficiency projects.
  • 25% diversion rate for waste-to-landfill in 2016.

Social Achievements

  • Significant investments in diversity, education, and wellness programs in 2016.
  • 24 managerial-level promotions, 58% of which were female.
  • Zero confirmed incidents of discrimination.

Governance Achievements

  • Expanded board and executive-level involvement in the corporate responsibility program.
  • Published a comprehensive ESG Policy.
  • Added Mary Hogan Preusse to the Board of Directors, increasing female representation to 22%.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce same-site Scope 1 and 2 energy and GHG emissions by 10% by 2020
  • Achieve a 20% diversion rate for waste-to-landfill by 2020
Short-term Goals:
  • Reduce same-site common area electric use by 5% at properties implementing an efficiency project

Environmental Challenges

  • Supply chain disruptions (implied, not explicitly stated)
  • New energy disclosure regulations impacting approximately 20% of properties.
Mitigation Strategies
  • Investing in property improvements delivering operational savings.
  • Working with leading commercial owners, NGOs, utilities, and government authorities to improve energy disclosure policies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Vendor Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Guidelines - Core

Certifications: LEED (multiple projects)

Third-party Assurance: Cventure LLC (Tier II verification)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Property Gateway System
  • Illumi-Nation Program

Awards & Recognition

  • Dow Jones Sustainability North America Index
  • GRESB Green Star
  • Newsweek Top Green Companies
  • LEEP Awards
  • Green Lease Leader
  • PR News CSR Awards
  • ICSC Maxi Award
  • Community Beautification and Sustainability Awards