Federal Realty Investment Trust
Update
05/30/24
Federal Realty Releases 2023 Sustainability Report
Federal Realty Investment Trust (NYSE: FRT) announced today the publication of its 2023 Sustainability Report. The report highlights the company's accomplishments in sustainability aligned with its five key priorities that directly support its business strategy.
Key Highlights from the report include:
- 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 14.3 MW.
- Utilized zero-carbon power sources for 64% of its electricity consumption in 2023
- Recognized for the third time as a Green Lease Leader, Gold
View the full report for in-depth information pertaining to Federal Realty's sustainability initiatives by visiting www.federalrealty.com/sustainability-report-2023.
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