N. BETHESDA, Md., May 29, 2025 -- 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 | Media Inquiries: Brenda Pomar Senior Director, Corporate Communications 301.998.8316 |
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