Federal Realty Releases 2022 Environmental, Social, and Governance Report

Federal Realty Investment Trust (NYSE: FRT) is pleased to announce the publication of its 2022 Environmental, Social, and Governance (ESG) Report. The report provides comprehensive insights into the company's progress, initiatives, and achievements aligned with its five key ESG objectives, all of which directly support its business strategy.

Key highlights from the report include:

• Successfully reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 32%, demonstrating substantial progress toward the Science Based Target initiative-approved goal of a 46% decrease in Scope 1 and 2 GHG emissions by 2030.
  
  
• Strengthening its position as an industry leader in renewable energy by increasing its onsite solar generating capacity to an impressive 14 MW.
  
  
• Achieving a AAA rating in the MSCI ESG Ratings assessment, the highest ratings level available from MSCI, reflecting the company's commitment to all aspects of ESG.
  
  
• Recognized as 1st in the U.S. Publicly Listed Retail Centers peer group in the Standing Investments Benchmark Report, and as the Sector Leader in the U.S. Diversified-Office/Residential peer group in the Development Benchmark Report from the Global Real Estate Sustainability Benchmark.

View the full report for in-depth information pertaining to Federal Realty's ESG initiatives by visiting www.federalrealty.com/esg-report-2022.

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