Kite Realty Group Trust Publishes Annual Corporate Responsibility Report
27 7월 2023 - 5:30AM
Kite Realty Group Trust (NYSE: KRG) announced today the release of
its annual Corporate Responsibility Report, which provides a
comprehensive overview of the Company’s strategy and initiatives
regarding environmental, social, and governance (ESG) practices and
policies. The report also details progress, measurements, and case
studies around each of the Company’s goals and related initiatives.
“KRG’s corporate responsibility efforts
reflect an intrinsic commitment that drives our daily operations
and long-term strategies,” said John A. Kite, Chairman and CEO.
“These important efforts help enhance our performance, our team,
our customers, and our communities. Our 2022 corporate
responsibility achievements demonstrate our ongoing commitment,
focus and continued progress toward our long-term
goals.”
2022 Report highlights
include:
- Reduced greenhouse gas emissions by
4.4% on a year-over-year basis
- Reduced electricity usage by 2.5%
on a year-over-year basis
- Eliminated 895 metric tons of
CO2e
- Increased diverse representation
5-year target on KRG’s Board of Trustees to over 35% from 30%
- Planted over 25,000 trees through
KRG’s Project Green reforestation effort
- Increased IREM certified property
count to 53 properties
- Dedicated over 4,000 team member
hours to KRG’s Volunteer Time Off program
- Hosted over 200 community events
throughout the KRG portfolio
- Achieved Gold Level Green Lease
Leader recognition for the third consecutive year
For more information and to read KRG’s 2022
Corporate Responsibility Report, please visit KRG’s ESG &
Corporate Responsibility page:
kiterealty.com/company/corporate-responsibility
About Kite Realty Group
TrustKite Realty Group Trust (NYSE: KRG) is a real estate
investment trust (REIT) headquartered in Indianapolis, IN that is
one of the largest publicly traded owners and operators of open-air
shopping centers and mixed-use assets. The Company’s primarily
grocery-anchored portfolio is located in high-growth Sun Belt and
select strategic gateway markets. The combination of
necessity-based grocery-anchored neighborhood and community
centers, along with vibrant mixed-use assets makes the KRG
portfolio an ideal mix for both retailers and consumers. Publicly
listed since 2004, KRG has nearly 60 years of experience in
developing, constructing and operating real estate. Using
operational, investment, development, and redevelopment expertise,
KRG continuously optimizes its portfolio to maximize value and
return to shareholders. As of March 31, 2023, the Company owned
interests in 181 U.S. open-air shopping centers and mixed-use
assets, comprising approximately 28.5 million square feet of gross
leasable space. For more information, please visit
kiterealty.com.
Connect with
KRG: LinkedIn | Twitter | Instagram | Facebook
Safe HarborThis release,
together with other statements and information publicly
disseminated by us, contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of
1933 (the “Securities Act”) and Section 21E of the Securities
Exchange Act of 1934. Such statements are based on assumptions and
expectations that may not be realized and are inherently subject to
risks, uncertainties and other factors, many of which cannot be
predicted with accuracy and some of which might not even be
anticipated. Future events and actual results, performance,
transactions or achievements, financial or otherwise, may differ
materially from the results, performance, transactions or
achievements, financial or otherwise, expressed or implied by the
forward-looking statements.
Risks, uncertainties and other factors that
might cause such differences, some of which could be material,
include but are not limited to: national and local economic,
business, banking, real estate and other market conditions,
particularly in connection with low or negative growth in the U.S.
economy as well as economic uncertainty (including a potential
economic slowdown or recession, rising interest rates, inflation,
unemployment, or limited growth in consumer income or spending);
the risk that our actual NOI for leases that have signed but not
yet opened will not be consistent with expected NOI for leases that
have signed but not yet opened; financing risks, including the
availability of, and costs associated with, sources of liquidity;
the Company’s ability to refinance, or extend the maturity dates
of, the Company’s indebtedness; the level and volatility of
interest rates; the financial stability of tenants; the competitive
environment in which the Company operates, including potential
oversupplies of and reduction in demand for rental space;
acquisition, disposition, development and joint venture risks;
property ownership and management risks, including the relative
illiquidity of real estate investments, and expenses, vacancies or
the inability to rent space on favorable terms or at all; the
Company’s ability to maintain the Company’s status as a real estate
investment trust for U.S. federal income tax purposes; potential
environmental and other liabilities; impairment in the value of
real estate property the Company owns; the attractiveness of our
properties to tenants, the actual and perceived impact of
e-commerce on the value of shopping center assets and changing
demographics and customer traffic patterns; business continuity
disruptions and a deterioration in our tenant’s ability to operate
in affected areas or delays in the supply of products or services
to us or our tenants from vendors that are needed to operate
efficiently, causing costs to rise sharply and inventory to fall;
risks related to our current geographical concentration of the
Company’s properties in Texas, Florida, Maryland, New York, and
North Carolina; civil unrest, acts of violence, terrorism or war,
acts of God, climate change, epidemics, pandemics (including
COVID-19), natural disasters and severe weather conditions,
including such events that may result in underinsured or uninsured
losses or other increased costs and expenses; changes in laws and
government regulations including governmental orders affecting the
use of the Company’s properties or the ability of its tenants to
operate, and the costs of complying with such changed laws and
government regulations; possible short-term or long-term changes in
consumer behavior due to COVID-19 and the fear of future pandemics;
our ability to satisfy environmental, social or governance
standards set by various constituencies; insurance costs and
coverage; risks associated with cybersecurity attacks and the loss
of confidential information and other business disruptions; other
factors affecting the real estate industry generally; whether the
Company will achieve or maintain its ESG goals and related targets;
and other risks identified in reports the Company files with the
Securities and Exchange Commission (“the SEC”) or in other
documents that it publicly disseminates, including, in particular,
the section titled “Risk Factors” in the Company’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2022, and in the
Company’s quarterly reports on Form 10-Q. The Company undertakes no
obligation to publicly update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contact Information: Kite Realty Group TrustTyler HenshawSVP,
Capital Markets & Investor
Relations317.713.7780thenshaw@kiterealty.com
Kite Realty (NYSE:KRG)
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Kite Realty (NYSE:KRG)
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부터 5월(5) 2023 으로 5월(5) 2024