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Environmental

Our environmental sustainability strategy is aligned with our overall business strategy and built on three key components:

Development

Achieve green building certifications, such as LEED, and implement sustainable development best practices in order to help foster long-term asset and company marketability, while minimizing negative environmental impacts.

Operations

Improve the sustainability performance of our operating portfolio by pursuing initiatives that drive tangible environmental and economic benefits. Examples of current initiatives include LED lighting, roof-top solar photovoltaic, smart irrigation, and electric vehicle charging stations.

Stakeholder Engagement

Engage with our key stakeholders to drive sustainability and business performance through innovative tenant and community engagement programs, and transparent disclosure of performance through formal sustainability reporting.

Energy

Reduce same-store energy consumption an average of 2% per year to achieve a cumulative reduction of 20% by 2021.*

Short-term (annual) energy usage has exceeded reduction goals. The most recently recorded reduction was 5.8% in 2016. Previous years' reductions: 2012 usage reduced 3.5%, 2013 usage reduced 4.6%, 2014 usage reduced 3.2%, 2015 usage reduced 4.4%.
Long-term (cumulative) energy usage has exceeded reduction goals, with an overall reduction of 21.4% from 2012 to 2016, the last recorded year. Previous cumulative reductions by year: 2012 cumulative reduction of 3.5%, 2013 cumulative reduction of 8.1%, 2014 cumulative reduction of 11.3%, 2015 cumulative reduction of 15.7%.

Emissions

Reduce same-store greenhouse gas emissions an average of 2% per year to achieve a cumulative reduction of 20% by 2021.*

Short-term (annual) GHG emissions change has exceeded reduction goals. The most recently recorded reduction was 15.9% in 2016. Previous years' reductions: 2012 emissions reduced 3.4%, 2013 emissions reduced 4.4%, 2014 emissions reduced 2.0%, 2015 emissions reduced 4.1%.
Long-term (cumulative) GHG emissions change has exceeded reduction goals, with an overall reduction of 29.8% from 2012 to 2016, the last recorded year. Previous cumulative reductions by year: 2012 cumulative reduction of 3.4%, 2013 cumulative reduction of 7.7%, 2014 cumulative reduction of 9.8%, 2015 cumulative reduction of 13.9%.

Water

Reduce same-store water use an average of 1% per year to achieve a cumulative reduction of 10% by 2021.*

Short-term (annual) water usage change has exceeded reduction goals three out of five years from 2012 to 2016, the last recorded year. Water usage change by year: 2012 usage increased 8.8%, 2013 usage reduced 6.6%, 2014 usage reduced 11.2%, 2015 usage reduced 7.5%, 2016 usage increased 3.6%.
Long-term (cumulative) water usage has exceeded reduction goals, with an overall reduction of 12.9% from 2012 to 2016, the last recorded year. Previous cumulative changes by year: 2012 cumulative increase of 8.8%, 2013 cumulative increase of 2.2%, 2014 cumulative reduction of 9.0%, 2015 cumulative reduction of 16.5%.

Waste

Increase same-store waste diversion an average of 1% per year to achieve a cumulative reduction of 10% by 2025.*

Short-term (annual) waste diversion change chart shows a 0.6% increase in 2016.
Long-term (cumulative) waste diversion change chart shows a 0.6% cumulative increase in 2016.
*Energy, Greenhouse Gas Emissions, Water, and Waste goals are limited to areas where the company has "operational control," which is defined as operations for which the company has the full authority to introduce and implement its policies and practices.

LEED Certification and Green Bond

Goal

Develop at least $250MM in LEED certified projects by 2017.

Progress 

We have completed 16 LEED certified developments since 2009 and currently have two additional in-process projects pursuing LEED certification. In 2014, Regency was the first U.S. REIT, and second U.S. corporation, to issue a Green Bond. Net proceeds of the $250 million issuance were used to fund the acquisition, construction, development or redevelopment of LEED-certified projects. Download our most current Green Bond Report.

Persimmon Place Outdoor Space

LEED Gold Certified


Village at La Floresta Amphitheater

LEED Silver Certified


Musicians Playing at Grand Ridge Plaza

LEED Silver Certified


U.S. Green Building CouncilBetter Buildings U.S. Department of EnergyGRESB Real EstateGreen Lease Leader 2016International Council of Shopping CentersNAREIT's Home for All Things Reit