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Federal Realty Releases 2024 Sustainability Report

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Federal Realty Investment Trust (NYSE: FRT) has released its 2024 Sustainability Report, showcasing significant environmental achievements. The company reported a 35% reduction in Scope 1 and 2 greenhouse gas emissions, making substantial progress toward its Science Based Target initiative-approved goal of 46% reduction by 2030. FRT has established itself as an industry leader in renewable energy with 15.3MW of onsite solar generating capacity, the largest among shopping center companies according to the Black Bear Solar Leaderboard. Additionally, the company successfully sourced 51% of its total electricity consumption from zero-carbon power in 2024.

Federal Realty Investment Trust (NYSE: FRT) ha pubblicato il suo Rapporto sulla Sostenibilità 2024, evidenziando importanti risultati ambientali. L'azienda ha registrato una riduzione del 35% delle emissioni di gas serra Scope 1 e 2, facendo notevoli progressi verso l'obiettivo approvato dall'iniziativa Science Based Target di una riduzione del 46% entro il 2030. FRT si è affermata come leader nel settore delle energie rinnovabili con una capacità di generazione solare onsite di 15,3 MW, la più grande tra le società di centri commerciali secondo la classifica Black Bear Solar Leaderboard. Inoltre, l'azienda ha ottenuto con successo il 51% del suo consumo totale di elettricità da energia a zero emissioni di carbonio nel 2024.

Federal Realty Investment Trust (NYSE: FRT) ha publicado su Informe de Sostenibilidad 2024, mostrando logros ambientales significativos. La empresa reportó una reducción del 35% en las emisiones de gases de efecto invernadero Scope 1 y 2, avanzando considerablemente hacia su meta aprobada por la iniciativa Science Based Target de una reducción del 46% para 2030. FRT se ha consolidado como líder en energías renovables con una capacidad de generación solar in situ de 15,3 MW, la mayor entre las compañías de centros comerciales según el Black Bear Solar Leaderboard. Además, la compañía logró obtener el 51% de su consumo total de electricidad de energía libre de carbono en 2024.

Federal Realty Investment Trust (NYSE: FRT)가 2024년 지속 가능성 보고서를 발표하며 중요한 환경 성과를 공개했습니다. 회사는 Scope 1 및 2 온실가스 배출량을 35% 감축했으며, 2030년까지 46% 감축을 목표로 하는 Science Based Target 이니셔티브 승인 목표에 상당한 진전을 이루었습니다. FRT는 15.3MW 규모의 현장 태양광 발전 용량을 보유하여 쇼핑센터 기업 중 최대 규모를 자랑하며 Black Bear Solar Leaderboard에서 업계 선두주자로 자리매김했습니다. 또한, 회사는 2024년에 전체 전력 소비량의 51%를 탄소 배출 없는 전력으로 조달하는 데 성공했습니다.

Federal Realty Investment Trust (NYSE : FRT) a publié son Rapport sur la Durabilité 2024, mettant en avant des réalisations environnementales significatives. La société a annoncé une réduction de 35 % des émissions de gaz à effet de serre des scopes 1 et 2, progressant considérablement vers son objectif approuvé par l'initiative Science Based Target, qui vise une réduction de 46 % d'ici 2030. FRT s'est imposée comme un leader du secteur des énergies renouvelables avec une capacité de production solaire sur site de 15,3 MW, la plus importante parmi les entreprises de centres commerciaux selon le Black Bear Solar Leaderboard. De plus, l'entreprise a réussi à approvisionner 51 % de sa consommation totale d'électricité à partir d'énergie zéro carbone en 2024.

Federal Realty Investment Trust (NYSE: FRT) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der bedeutende Umweltleistungen hervorhebt. Das Unternehmen meldete eine Reduzierung der Treibhausgasemissionen der Scope 1 und 2 um 35% und macht damit erhebliche Fortschritte auf sein von der Science Based Target-Initiative genehmigtes Ziel einer 46%igen Reduktion bis 2030. FRT hat sich als Branchenführer im Bereich erneuerbare Energien etabliert und verfügt über eine 15,3 MW vor Ort installierte Solarkapazität, die größte unter den Unternehmen im Bereich Einkaufszentren laut dem Black Bear Solar Leaderboard. Zusätzlich bezog das Unternehmen 2024 erfolgreich 51% seines gesamten Stromverbrauchs aus kohlenstofffreier Energie.

Positive
  • 35% reduction in Scope 1 and 2 GHG emissions, showing strong progress toward 2030 goal
  • Industry-leading 15.3MW of onsite solar generating capacity
  • 51% of electricity consumption sourced from zero-carbon power
Negative
  • None.

N. BETHESDA, Md., May 29, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announced today the publication of its 2024 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:

  • Achieved a 35% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions—marking strong progress toward the Science Based Target initiative-approved goal of a 46% reduction by 2030
  • Reached 15.3MW of onsite solar generating capacity, the largest of any shopping center company according to the Black Bear Solar Leaderboard, underscoring Federal's continued leadership in renewable energy
  • Sourced 51% of total electricity consumption from zero-carbon power in 2024

View the full report for in-depth information pertaining to Federal Realty's sustainability initiatives by visiting www.federalrealty.com/sustainability-report-2024.

About Federal Realty

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as Northern and Southern California. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 103 properties include approximately 3,500 tenants, in 27 million commercial square feet, and approximately 3,100 residential units. 

Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

Investor Inquiries:

Jill Sawyer

Senior Vice President, Investor Relations

301.998.8265

jsawyer@federalrealty.com

Media Inquiries:

Brenda Pomar

Senior Director, Corporate Communications

301.998.8316

bpomar@federalrealty.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/federal-realty-releases-2024-sustainability-report-302467928.html

SOURCE Federal Realty Investment Trust

FAQ

What are the key achievements in Federal Realty's (FRT) 2024 Sustainability Report?

Federal Realty achieved a 35% reduction in GHG emissions, reached 15.3MW of onsite solar capacity (highest among shopping centers), and sourced 51% of electricity from zero-carbon power in 2024.

How much progress has FRT made toward its 2030 emissions reduction goal?

FRT has achieved a 35% reduction in Scope 1 and 2 emissions, progressing toward its Science Based Target initiative-approved goal of 46% reduction by 2030.

What is Federal Realty's (FRT) solar power capacity in 2024?

Federal Realty has 15.3MW of onsite solar generating capacity, ranking as the largest among shopping center companies according to the Black Bear Solar Leaderboard.

What percentage of Federal Realty's electricity comes from zero-carbon sources in 2024?

Federal Realty sourced 51% of its total electricity consumption from zero-carbon power sources in 2024.
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REIT - Retail
Real Estate Investment Trusts
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United States
NORTH BETHESDA