Our Commitment
At Macerich, we recognize the vital importance of these valuable resources to current and future generations. That’s why we’ve developed an environmental strategy that is both durable and resilient — built to shift over time along with advances in technology, changes in our business and other factors that affect our path forward for tomorrow and the long-term.
To learn more about our strategy and our consideration of double-materiality in our ESG-related business decisions, view Macerich's Corporate Responsibility Report.
ESG Summary
Our Environmental Strategy
One of Macerich’s environmental objectives is to achieve net zero emissions and champion industry-wide change. We strive to own, operate and develop thriving retail centers that create a meaningful impact on our community while minimizing our own environmental footprint.
- Achieve carbon neutrality by 2030 and net zero carbon emissions, including our supply chain, by 2040
- Generate or procure 60% of our energy from clean and renewable sources by 2030
2023 Highlights
34%Portfolio's Energy Derived from Clean or Renewable Resources
#19America's Most Responsible Companies
By Newsweek, Real Estate & Housing
10%Electricity Reduction
In Consumption Since 2021
54MGallon Reduction
In Water Use Since 2021ESG Scorecard
#23 in On-Site Generation
#1 Ranking Retail, Americas, A Disclosure
A List
Leed-Certified Designations
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 • 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 Net Zero
Achieving net zero emissions requires a combination of strategic planning, stakeholder collaboration and bold near-term decision-making. We aim to achieve net zero operations by 2035 and to reach net zero in our supply chain by 2040.
As part of our progress toward these targets, we have mapped our Scope 1 and Scope 2 emissions as defined by the Greenhouse Gas Protocol. 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.
CDP Climate Change Questionnaire