Brixmor Property Group is a leading real estate investment trust (REIT) that specializes in the ownership, management, and development of open-air shopping centers in the United States. The company operates over 400 properties across the country, totaling more than 73 million square feet of leasable space. Brixmor's portfolio includes a diverse mix of tenants, including national and regional retailers, restaurants, and entertainment venues.

As a responsible corporate citizen, Brixmor is committed to sustainable business practices and environmental stewardship. The company recognizes the urgent need to address climate change and is taking proactive steps to reduce its carbon footprint and promote decarbonization in the real estate industry.

One of Brixmor's key initiatives in this area is its corporate energy program, which focuses on optimizing energy efficiency and reducing greenhouse gas emissions across its portfolio. The program includes a comprehensive set of measures, such as upgrading lighting systems, installing energy-efficient HVAC equipment, and implementing smart building controls. These efforts have resulted in significant energy savings and reduced operating costs for the company.

In addition to energy efficiency measures, Brixmor is also investing in renewable energy sources to power its properties. The company has entered into several corporate power purchase agreements (PPAs) with wind and solar energy providers, which enable it to purchase clean energy at a fixed price for a set period of time. These agreements not only support the development of renewable energy projects but also provide Brixmor with a reliable and cost-effective source of electricity.

Brixmor's commitment to renewable energy is also reflected in its participation in the RE100 initiative, a global campaign that brings together companies committed to sourcing 100% of their electricity from renewable sources. Brixmor has pledged to achieve this goal by 2030 and is actively working to increase its renewable energy capacity through a combination of on-site generation and off-site PPAs.

Beyond its own operations, Brixmor is also working to promote sustainability and decarbonization in the broader real estate industry. The company is a member of the Green Lease Leaders program, which recognizes landlords and tenants who collaborate to create more sustainable leases. Brixmor has implemented green lease clauses that require tenants to comply with energy efficiency standards and participate in recycling programs, among other measures.

Brixmor is also a member of the Urban Land Institute's Greenprint Center for Building Performance, which brings together real estate companies committed to reducing their carbon footprint and improving building performance. Through this partnership, Brixmor has access to best practices, tools, and resources to help it achieve its sustainability goals.

In summary, Brixmor Property Group is a leading player in the shopping center REIT sector that is committed to promoting sustainability and decarbonization in the real estate industry. Through its corporate energy program, renewable energy investments, and participation in industry initiatives, Brixmor is taking proactive steps to reduce its carbon footprint and create a more sustainable future.