INDIANAPOLIS, Feb. 14,
2024 /PRNewswire/ -- Simon® today
announced that it has furthered its commitment to environmental
transparency by disclosing its environmental impact through CDP, a
global non-profit that runs the world's leading environmental
disclosure platform. Simon has disclosed through CDP since 2016,
and in 2023 completed CDP's Climate Change questionnaire.
With a record 23,000+ companies disclosing through CDP in 2023,
disclosing data on environmental impact is now a business norm.
"Tackling climate change is an essential part of long-term
success, and building a resilient economy," said John Rulli, Chief Administrative Officer, Simon.
"We're proud to be recognized for our leadership in environmental
transparency."
Simon's data will be added to the most comprehensive inventory
of self-reported environmental data in the world – helping to drive
action through greater transparency.
By disclosing through CDP, Simon is prepared to respond to the
increasing demand for environmental transparency from financial
institutions, customers and policymakers. In its disclosure, Simon
has taken actions to cut emissions, mitigate climate risks and
develop the low-carbon economy.
About Simon
Simon®
is a real estate investment trust engaged in the ownership of
premier shopping, dining, entertainment and mixed-use destinations
and an S&P 100 company (Simon Property Group, NYSE: SPG). Our
properties across North America,
Europe and Asia provide community gathering places for
millions of people every day and generate billions in annual
sales.
About CDP
CDP is a global non-profit that runs the world's environmental
disclosure system for companies, cities, states and regions.
Founded in 2000 and working with more than 740 financial
institutions with over $136 trillion
in assets, CDP pioneered using capital markets and corporate
procurement to motivate companies to disclose their environmental
impacts, and to reduce greenhouse gas emissions, safeguard water
resources and protect forests. Over 24,000 organizations around the
world disclosed data through CDP in 2023, with more than 23,000
companies – including listed companies worth two thirds global
market capitalization - and over 1,100 cities, states and regions.
Fully TCFD aligned, CDP holds the largest environmental database in
the world, and CDP scores are widely used to drive investment and
procurement decisions towards a zero carbon, sustainable and
resilient economy. CDP is a founding member of the Science Based
Targets initiative, We Mean Business Coalition, The Investor Agenda
and the Net Zero Asset Managers initiative. Visit
cdp.net or follow us @CDP to find out
more.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/simon-embraces-environmental-transparency-by-disclosing-through-cdp-302061903.html
SOURCE Simon