Corporate Responsibility

Collage of three images. The first shows solar panels on top of one of Regency's Properties. The second shows a group of volunteers at a local charity. The third shows a group of officials at a ground breaking ceremony.

Statement of Purpose

For Regency, it always has, and always will, begin with our people.
They are the cornerstone of our company.

Download CEO Letter

Pursuing a Better Tomorrow

Read Regency's 2020 Corporate Responsibility Report

Task Force on Climate-Related Financial Disclosures

Read Regency's 2020 TCFD Report

Regency's Approach to Corporate Responsibility

Regency's values, including the critical importance that we place on Corporate Responsibility, are the foundation of who we are and what we do. They drive us to implement leading environmental, social and governance (ESG) initiatives through our Corporate Responsibility Program. Our Program is built on four pillars and guided by our focus on three overarching concepts: long-term value creation, our Regency brand and reputation and the importance of maintaining our culture.

Our People graphic that says “Explore” and includes the statement: Regency’s objective is to maintain a high level of employee engagement with an overall score of 85% or greater while maintaining our award-winning benefits and wellness plans, and inhaling our focus on diversity. The background is a smiling person holding a bag of bell peppers with an orange filter.

Our Communities graphic that says “Explore” and includes the statement: Adhering to Regency’s Core Values and culture, our objective is to contribute to the betterment of communities through investment and philanthropic efforts. This includes a commitment to monetary donations as well as employees donating their time through volunteer hours annually. The background is two young people smiling at a volunteer table during warm weather with a purple filter.

Environmental Stewardship graphic that says “Explore” and includes the statement: Regency’s objectives include a continued commitment to being good stewards of our environment while reducing our overall impact, represented by our renewed goals to reduce energy consumption, greenhouse gas emissions and waste, coupled with our focus on climate resiliency. The background is an aerial view of a Regency property with a green filter.

At a Glance

Graphic promoting 87% average annual employee engagement.

Graphic promoting 1.5 million dollars in contributions to support local communities.

Graphic promoting 9% reduction in like-for-like Scope 1 and 2 greenhouse gas emissions.

Stakeholder Engagement

In order to successfully own, operate and develop high quality shopping centers, Regency Centers engages with a wide variety of stakeholders to thoughtfully consider their needs and feedback. Our stakeholders, both internal and external, are crucial to our success in achieving long-term value creation. Through our stakeholder engagement, we live our value that “we are better together”. When we listen to each other and our customers, we will succeed together.

	LEVEL OF ENGAGEMENT	ENGAGEMENT APPROACH	TOPICS OF DISCUSSION
Shareholders, Bondholders and Lenders	Organizational Level	Transparent information sharing via company filing, including enhanced operational results disclosure throughout the COVID pandemic In 2020, met or spoke with shareholders representing over 60% of our common stock One-on-one meetings, calls, and virtual property tours with individuals and institutions Direct dialogue through quarterly earnings conference calls Interactions facilitated via industry associations and self-side analyst conferences	Company goals and strategic objectives, performance and expectations. DEI, transparent disclosure, corporate governance, other ESG initiatives
Employees	Individual Level	Enhanced virtual meetings and communications following transition of all ~450 employees to working from home in March of 2020, and subsequent office reopening on voluntary basis in June of 2020, including establishment of an internal employee COVID task force Employee committees and focus groups on DEI initiatives and actions Annual engagement surveys and review of results and feedback Direct dialogue through employee review meetings, companywide town hall meetings and Q&A sessions with the Executive Committee Formal reporting mechanisms to raise issues such as fraud, harassment, safety concerns, etc.	DEI, health and safety, employee engagement, benefits and compensation, career development and training
Co-investment Partners	Organizational Level	Dedicated Co-investment Portfolio Management Team Proactive and regular one-on-one dialogue Property tours, monthly financial calls, quarterly leasing calls, and annual meetings.	Property performance and expectations, ESG initiatives
Tenants	Organizational/ Asset Level	Extensive tenant resources made available during the COVID pandemic including a dedicated Tenant Resource Website, a "Social Distancing, Made Easier" campaign to generate awareness of our tenants' efforts to best serve their customers during the pandemic, and installationof onsite signage at properties to alert customers of open businesses One-on-one contact with tennts performed by in-house Property Management team, including direct contact with all 8,000+ tenants at the onset of the COVID pandemic and thereafter Direct feedback via regular tenant survey and focus groups	Tenant performance, tenant satisfaction, property maintenance, property health and safety, property efficiency and sustainable operations
Communities	Project/Asset Level	Partnered with multiple cities and local charities to provide food distritubion sites at our properties throughout the COVID pandemic Matched employee COVID-related donations and volunteer hours One-on-one dialogue with local and regional planning agencies, municipal boards, permitting authorities and community groups Direct dialogue through open houses and town halls	Project-specific information, community interests and needs, curated merchandising, and placemaking

Understanding Stakeholders' Priorities

In 2020, Regency Centers undertook a materiality assessment to identify and understand what is most important to our stakeholders. This involved benchmarking material issues published by key stakeholders such as tenants and shareholders, as well as our peers. We also reviewed key topics raised through our stakeholder engagement and outreach, then discussed and prioritized these with key internal and external stakeholders.

This matrix presents the topics considered to have the greatest impact on Regency by our stakeholders and allows us to understand their priorities.