Regency Centers Corp
Regency Centers's GHG Emissions Data Preview
In 2023, Regency Centers completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Regency Centers has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind Regency Centers’s Greenhouse Gas (GHG) Emissions Data
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Insights into Regency Centers's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Regency Centers amounted to 28,093 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Regency Centers increased by 11.33%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Regency Centers's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Regency Centers's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Regency Centers were 3,223 metric tons of CO₂ equivalent (tCO₂e). a
Has Regency Centers reduced its Scope 1 emissions over time?
Since 2018, Regency Centers's Scope 1 emissions have increased by 142.51%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), Regency Centers's Scope 1 emissions increased by 37.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Regency Centers's Scope 2 emissions?
In 2023, Regency Centers reported Scope 2 greenhouse gas (GHG) emissions of 20,603 tCO₂e using the market-based method and 24,870 tCO₂e using the location-based method. a
Has Regency Centers reduced its Scope 2 emissions over time?
Since 2018, Regency Centers's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.74%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2022), Regency Centers's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Regency Centers 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does Regency Centers use for Scope 2 reporting?
In 2023, Regency Centers reported its Scope 2 emissions using the market-based method and using the location-based method. a
Regency Centers's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Regency Centers's Value Chain Emissions
In 2023, Regency Centers reported 331,949 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Regency Centers includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Regency Centers's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Regency Centers's Scope 3 emissions?
In 2023, Regency Centers reported total Scope 3 emissions of 331,949 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 19.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.52% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Regency Centers's Scope 3 emissions increased by 13.28%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Regency Centers disclose?
In 2023, Regency Centers reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Regency Centers's Scope 3 emissions?
In 2023, the largest contributors to Regency Centers's Scope 3 emissions were: a
- Downstream Leased Assets (Cat. 13): 267,291 tCO₂e (80.52%)
- Waste Generated in Operations (Cat. 5): 55,384 tCO₂e (16.68%)
- Fuel- and Energy-Related Services (Cat. 3): 7,760 tCO₂e (2.34%)
Regency Centers's Scope 3 Emissions by Categories
Insights into Regency Centers's Total Carbon Footprint
In 2023, Regency Centers reported a total carbon footprint of 360,042 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.12% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Regency Centers's total carbon footprint was Scope 3 emissions, accounting for 92.2% of the company's total carbon footprint, followed by Scope 2 emissions at 6.91%. a