Study Highlights Sustainability Benefits of Brick-and-Mortar Shopping

Brick-and-mortar shopping represents a better sustainability performance compared to online shopping, according to a new white paper released by Simon Property Group (NYSE: SPG).

The study, conducted by Simon in conjunction with Deloitte Consulting, created a “cradle-to-grave” Lifecycle Analysis (LCA) that examines the environmental impact of all material, energy and fuels attributable to a product in its lifecycle.

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Simon Property Group Taking Holistic Approach to Sustainability

Mona Benisi, senior director of sustainability at Simon Property Group, Inc. (NYSE:SPG), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Benisi noted that Simon has been active in sustainability issues for quite some time now. Whereas the original focus was on energy management, Simon has recently been revisiting the area as sustainability matters have become more entrenched in the industry.

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Transparency Vital to Sustainability Engagement, Iron Mountain Executive Says

Kevin Hagen,  director of corporate responsibility at Iron Mountain (NYSE: IRM), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Iron Mountain is an S&P 500 company that provides storage and information management services in 36 countries.

Hagen described transparency as “the currency of the realm” when it comes to sustainability: “There really is no substitute for it.”

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REITs Continue Leadership on Sustainability, Advocate Says

Cliff Majersik, executive director at the Institute for Market Transformation (IMT), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

IMT is a nonprofit organization promoting energy efficiency, green building and environmental protection in the United States and abroad.

Majersik noted that during the past year, REITs have continued their sustainability leadership.

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Management Involvement Key to Sustainability, Equity One Executive Says

Joe Lopez, senior vice president of property management and director of environmental impact at Equity One, Inc. (NYSE:  EQY), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Equity One owns and operates retail assets, with a portfolio concentrated in New York, San Francisco, Los Angeles and South Florida.

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Sustainability Expectations Need To Be Managed, Kilroy Executive Says

Sara Neff,  vice president of sustainability at Kilroy Realty Corp. (NYSE: KRC), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Kilroy owns and operates office properties in the coastal regions of greater Seattle, the San Francisco Bay area, Los Angeles, San Diego and California’s Orange County. Kilroy was a co-winner in the office sector of the 2015 NAREIT Leader in the Light Awards.

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GRESB COO Says Global Real Estate Sustainability Efforts on Upward Track

Chris Pyke, COO of the Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Commenting on the 2015 GRESB Survey, Pyke said he was “impressed and surprised” that the entire real estate industry’s sustainability achievements are on an upward track.

“The entire industry, on a global basis, is in motion. They are doing more, achieving higher levels and that is broad-based and sustained,” he said.

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