DOUBLE MATERIALITY: A 360° VIEW OF OUR IMPACT

Double materiality, which we define as the intersection of our financial and environmental responsibilities, is the lens through which we view all aspects of our work at Macerich. It is essential — and achievable — to evaluate these responsibilities and how they compound economic value creation.

Macerich is committed to the long-term value creation of our properties, a concept we view as interconnected with our natural environment, our human environment and responsible corporate oversight. Every positive action we take — from each solar panel we activate to the diverse contributions of our workforce to each individual we welcome to one of our centers — brings us closer to meaningful environmental and social change.

We aim to set the bar for sustainability in our industry by operating properties with purpose that “walk the walk” in stewarding our 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.

Our longstanding industry leadership in sustainability, combined with solid financial performance, reflects our successful approach to double materiality. At Macerich, we have long focused on assessing both inward and outward impacts, and we will continue to make purposeful business decisions that stem from our values.