203-1 413-2 GRI
21 | REGENCY CENTERS CORPORATE RESPONSIBILITY REPORT
Investing in Communities As a responsible neighbor in the communities where we live, work and operate, we’re committed to having a positive impact. We invest in property development, redevelopment, enhancement, and placemaking at our shopping centers which improve our communities by establishing a gathering place and appealing destinations. These are not only places where members of the community can connect and interact, but also provide contributions to job creation, an improvement in home values, and increases in tax revenues for local governments. In addition, we are often enhancing the flow of traffic by incorporating new traffic signals adjacent to our shopping centers. We also contribute by partnering with best-in-class grocery anchors, restaurants, and service providers that will serve the community. We have developed strong partnerships with cities, municipalities, and local communities. Our local teams strive for our projects to improve the neighborhoods we serve by engaging directly with the community. These relationships support the development of successful shopping centers that become woven into the fabric of the surrounding area. Responsibility for this area of engagement lies with our Executive Vice President of Investments, Executive Vice President of Operations, Managing Directors, and General Counsel. Each plays a role in monitoring Regency’s overall engagement with public agencies and legislative bodies to ensure compliance with all applicable laws and regulations. Development and redevelopment oversight comes from our Executive Committee and Board of Directors. The Capital Allocation Committee approves development and redevelopment projects, and monitors progress and performance through quarterly business reviews, Investment Committee meetings, and Board meetings.
GOALS $1.25 billion of development and redevelopment starts over the next 5 years Implement an investment reporting process that includes positive community impacts of our development efforts
CEO LETTER
REGENCY OVERVIEW
OUR PEOPLE
OUR COMMUNITIES
ETHICS AND GOVERNANCE
ENVIRONMENTAL STEWARDSHIP
GRI INDEX
APPENDIX