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ESG

Our business, like every business, is deeply intertwined with environmental, social, and governance (ESG) concerns.

Our ESG Vision

We recognize the role of ShopCore’s people and properties in preserving the resources we have available to current and future generations. Our actions can help our communities thrive.

100% of properties are on Energy Star Portfolio Manager

100% of properties have completed benchmarking and compliance initiatives

Achieved Green Lease Leader Gold status

Achieved WELL Health-Safety certification at The Shops at Skyview

100% common area LED lighting by end of 2023

100% of properties are on Energy Star Portfolio Manager

100% of properties have completed benchmarking and compliance initiatives

Achieved Green Lease Leader Gold status

Achieved WELL Health-Safety certification at The Shops at Skyview

100% common area LED lighting by end of 2023

Where We’re Going

We envision a world where solar on retail rooftops is the status quo, our operations are zero waste and fully powered by renewable energy, and we engage all our communities in initiatives such as urban beekeeping and local farmers markets. We want to create a future where every ShopCore employee sees themself represented in our leadership, where our buildings contribute to public health and wellbeing, and where we have helped CoreGiving realize its objective of eliminating child hunger in the U.S.

When it comes to ESG, we aspire to be the best — not only in the operations of our properties, but for our people and communities more broadly. We plan to lead the way to a carbon neutral future in retail real estate. And we know we can’t get there alone: we want to collaborate with our stakeholders and our peers to expand what’s possible in the world of retail.

Environmental Responsibility

Central to our mission, our mandate, and our purpose.

Social Responsibility

We are rising to the challenge.

Governance

ShopCore is committed to aligning its governance around international market standards to ensure we remain globally competitive and adhere to a high level of transparency in reporting. We are committed to measuring, tracking, and reporting on our environmental footprint, from carbon emissions and energy usage to waste generation and water consumption, as well as our social initiatives including DEI progress and philanthropic activity.

In 2021, we completed our first third-party assured greenhouse gas emissions inventory for scopes 1, 2 and 3; published our inaugural, TCFD- and GRI-compliant ESG report; submitted a first-time response to CDP; complied with all benchmarking and reporting requirements; and linked sustainability KPIs to the bonus pool for all employees.

We continued this level of reporting and transparency through 2022, in addition to establishing our first-ever ESG Steering Committee. This committee brings together ShopCore team leads and primary internal ESG stakeholders to build consensus on high-level ESG strategies and goals, make fully informed decisions that affect multiple intersecting areas of our business, and execute on our plans effectively, efficiently, and cohesively.

Our Governance Structure

ShopCore Executive Leadership
Ownership
ESG Steering Committee
Sustainability Team
Employee-Led ESG Committees & Resource Groups
Tenants Teammates Communities Supply Chain
ShopCore Executive Leadership
Ownership
ESG Steering Committee
Sustainability Team
Employee-Led ESG Committees & Resource Groups
Tenants Teammates Communities Supply Chain