Sustainability Creating Properties with Purpose.

We continue our progress toward industry-leading environmental goals to meet the needs of our communities we serve and honor our financial responsibility.

Our Commitment

We operate properties that “walk the walk” in stewarding our natural resources for our guests, investors, tenants, industry partners, employees, communities and the planet.

That is why we are committed to our goal of reaching carbon neutrality by 2030. To learn more about our progress and our consideration of double-materiality in our ESG-related business decisions, view Macerich's Corporate Responsibility Report.


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ESG Summary

View a summary of Macerich's Corporate Responsibility efforts and ESG strategy
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Our Environmental Strategy

Macerich’s environmental objective is to achieve carbon neutrality and champion industry-wide change. We are charging forward to create the most resilient and attractive properties with the least environmental impact.

  • Achieve carbon neutrality by 2030
  • Achieve 50% reduction in water consumption by 2030
  • Generate 15% of total energy consumption from on-site renewable and clean sources by 2030

2022 Highlights

Social Responsibility

ESG Scorecard

Social Responsibility
  #23 IN ON-SITE GENERATION
  #1 RANKING U.S. RETAIL, RETAIL CENTERS A DISCLOSURE
  QUALITY SCORE
(As of April 17, 2023)
• Environmental: 1
• Social: 1
• Governance: 1
Scale: 1 is the lowest investment risk and highest possible score
  A LIST
 

LEED GOLD
Broadway Plaza • Santa Monica Place • Tysons Corner Center - Tysons Tower

LEED SILVER
VITA Tysons Corner Center
  BREEAM USA-CERTIFIED PROPERTIES
Danbury Fair • Deptford Mall • FlatIron Crossing • Green Acres Mall • Kierland Commons •  Kings Plaza • Queens Center • Scottsdale Fashion Square • Twenty Ninth Street • Tysons Corner Center • The Oaks
 

IREM® CERTIFIED SUSTAINABLE PROPERTIES
Chandler Fashion Center • Deptford Mall • FlatIron Crossing • Freehold Raceway Mall • Twenty Ninth Street

Our Plan for Carbon Neutrality

Achieving carbon neutrality requires a combination of strategic planning, stakeholder collaboration and bold near-term decision-making. Macerich pursues our goal by engaging all departments across our Company to consider the potential costs, impacts and benefits of reducing the environmental footprint of our properties and business operations. Our strategic path to carbon neutrality by 2030 includes:

Carbon Neutrality

  • Utility and Procured Renewable Energy  
    Through partnership with local and national clean energy providers
  • Reduced Utilization
    Through capital investments in clean-energy technology
  • Carbon Offsets and Renewable Energy Credits 
  • Additional Hard Energy Assets
    Including solar, energy storage and other on-site energy sources