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Properties and People with Purpose
PROPERTIES AND PEOPLE
WITH PURPOSE
Macerich is the social heart and economic engine of our communities, developing properties with purpose and championing belonging with each other and the larger world. We demonstrate our commitment to being economically productive, inclusive and sustainable hubs of our communities and offices through our focus on corporate responsibility. We take our role as environmental stewards and our accountability to our diverse stakeholder audiences very seriously. We are particularly proud of what underlies that work: applying diversity, equity and inclusion values across our people, our partners and our places.
Our Environmental, Social and Governance (ESG) practices extend beyond our core shareholder responsibilities of economic performance to actively pursue holistic stakeholder value creation by lessening the environmental impact of our built environment, advancing social good and incorporating sound corporate governance.
Our spaces are gathering points for everyone. As we demonstrated in 2021, we are committed to protecting our environment and ensuring equitable opportunities today and for future generations.
UNDERSTANDING OUR IMPACT
Macerich is committed to the long-term value creation of our properties, the equitable protection of natural resources and responsible corporate oversight, ensuring the well-being of our communities now and for future generations.
We strive for this vision through our commitment to achieve carbon neutrality by 2030, two decades ahead of the Paris Agreement and in line with the Business Ambition for 1.5˚C and the Science Based Targets initiative. And we foster a deep understanding of where and how our sustainability initiatives support and advance the Sustainable Development Goals of the United Nations.
OUR PLAN FOR CARBON NEUTRALITY
10% 5%
20% 65%
PUTTING PEOPLE FIRST
For us, people and communities come together as the central focus in everything we do at Macerich. It’s all part of owning properties with purpose.
Our Regional Town Centers in active markets across the country are hubs of social connection and commerce that are meaningful parts of people’s lives. These essential places are also fundamental to the economic health and well-being of local communities, providing numerous jobs as well as vital sales and property tax dollars that fund community resources (schools, parks and public services) and development (infrastructure and growth).
Macerich works to belong to our communities by being a valued corporate partner through generous philanthropy and involvement, serving locally on civic and community boards and committees as well as volunteering time, resources and space to community partners. Through this work, we have a positive impact on our local community needs and interests, education and the environment.
Within our Company, we put people first by committing to a diverse, inclusive and equitable workplace that champions belonging, togetherness and the development of each employee. We are committed to evolving our recruitment, retention and advancement practices to support great people with a variety of backgrounds and viewpoints, and we are stronger for it. These diversity, equity and inclusion principles are instrumental in creating a thriving culture and company.
