Regency Centers Corp

Common Name
Regency Centers
Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
495
Ticker
REG
Exchange
NASDAQ/NGS
Description
Regency Centers Corporation is a prominent real estate investment trust (REIT) primarily focused on owning, operating, and developing shopping centers anchored by grocery stores. Established in 1963 a...

Regency Centers's GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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a
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b
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c
0000000
Total Scope 2
Market-Based
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a
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b
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c
0000000
Location-Based
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a
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b
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c
0000000
Total Scope 3
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a
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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Verified Sources Behind Regency Centers’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Regency Centers’s data sources below and access millions more through our Disclosure Search.

a. Regency Centers's Corporate Responsibility Report (CRR) 2024
a. Regency Centers's Corporate Responsibility Report (CRR) 2024
b. Regency Centers's Corporate Responsibility Report (CRR) 2023
b. Regency Centers's Corporate Responsibility Report (CRR) 2023
c. Regency Centers's Corporate Responsibility Report (CRR) 2022
c. Regency Centers's Corporate Responsibility Report (CRR) 2022
d. Regency Centers's Corporate Responsibility Report (CRR) 2021
d. Regency Centers's Corporate Responsibility Report (CRR) 2021

Insights into Regency Centers's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Regency Centers amounted to 25,451 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 2023, the total operational greenhouse gas (GHG) emissions of Regency Centers decreased by 9.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Regency Centers's Scope 1 Emissions Over Time

201820192020202120222023202408501.7 k2.55 k3.4 ktCO2e+139%-55%+28%+28%+38%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Regency Centers's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Regency Centers were 3,179 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 139.2%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2023), Regency Centers's Scope 1 emissions decreased by 1.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Regency Centers's Scope 2 emissions?

In 2024, Regency Centers reported Scope 2 greenhouse gas (GHG) emissions of 19,317 tCO₂e using the market-based method and 22,272 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 22.75%, reflecting a declining long-term trend in Scope 2 emissions over time. a d

Compared to the previous year (2023), Regency Centers's Scope 2 emissions (Location-Based) fell by 10.45% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does Regency Centers use for Scope 2 reporting?

In 2024, 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

201820192020202120222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Regency Centers's Value Chain Emissions

In 2024, Regency Centers reported 293,856 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 2024 disclosure of Regency Centers includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Regency Centers's Scope 3 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e+58%-25%-21%+13%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Regency Centers's Scope 3 emissions?

In 2024, Regency Centers reported total Scope 3 emissions of 293,856 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 32.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.8% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Regency Centers's Scope 3 emissions decreased by 11.48%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Regency Centers disclose?

In 2024, 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 2024, the largest contributors to Regency Centers's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 199,237 tCO₂e (67.8%)
  • Waste Generated in Operations (Cat. 5): 61,131 tCO₂e (20.8%)
  • Employee Commuting (Cat. 7): 25,042 tCO₂e (8.52%)

Regency Centers's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(67.8%)Employee Commuting(Cat. 7)(8.5%)Waste Generated inOperations (Cat. 5)(20.8%)

Insights into Regency Centers’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Regency Centers reported Scope 1 greenhouse gas (GHG) emissions of 3,179 tCO₂e and total revenues of USD 1,454 millions. This translates into an emissions intensity of 2.19 tCO₂e per millions USD. a

Regency Centers's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)1005001,0005,00010,000Revenues (Millions of USD)NNN REITYear: 2024Scope 1: 108 tCO2eRevenue: $M 869Scope 1 Intensity: 0.12 tCO2e/$MPhillips Edison & CoYear: 2023Scope 1: 9,500 tCO2eRevenue: $M 610Scope 1 Intensity: 15.57 tCO2e/$MMid-America Apartment CommunitiesYear: 2023Scope 1: 6,070 tCO2eRevenue: $M 2,149Scope 1 Intensity: 2.83 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MEquity ResidentialYear: 2022Scope 1: 68,855 tCO2eRevenue: $M 2,735Scope 1 Intensity: 25.17 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MAvalonBay CommunitiesYear: 2024Scope 1: 21,335 tCO2eRevenue: $M 2,914Scope 1 Intensity: 7.32 tCO2e/$MEssex Property TrustYear: 2024Scope 1: 28,969 tCO2eRevenue: $M 1,774Scope 1 Intensity: 16.33 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MInvitation HomesYear: 2022Scope 1: 5,158 tCO2eRevenue: $M 2,238Scope 1 Intensity: 2.30 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$M

How does Regency Centers's GHG emissions intensity compare to its peers?

In 2024, Regency Centers reported a Scope 1 emissions intensity of 2.19 tCO₂e per millions USD. Compared to the peer group median of 3.11 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Regency Centers rank on GHG emissions intensity within its industry?

In 2024, Regency Centers ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Regency Centers is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Regency Centers's Total Carbon Footprint

In 2024, Regency Centers reported a total carbon footprint of 319,307 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.31% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Regency Centers's total carbon footprint was Scope 3 emissions, accounting for 92.03% of the company's total carbon footprint, followed by Scope 2 emissions at 6.98%. a

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