SIMON SUSTAINABILITY REPORT 2022
STAKEHOLDER ENGAGEMENT
JOINT VENTURE PARTNERS —Partnership Relations Team —Identify Opportunities for Investment in Green Infrastructure at JV Properties (e.g. On-Site Solar, Building Certifications, etc.) —Ad Hoc ESG Requests
A foundational core for our sustainable business success is stakeholder engagement. These relationships allow for ongoing dialogue through which we can better understand business needs and concerns, and then take action to improve our performance. The stakeholder engagement process is applied across Simon’s portfolio of existing properties and new development activities. The process involves analyzing and identifying the most relevant stakeholders, assessing procedures for engaging (such as frequency and method), and determining level of engagement (corporate, property, and/or project). Simon’s leadership carefully reviews the feedback from these engagements and integrates them into our strategic planning.
TENANTS —On-site Meetings to Collect Feedback and Increase Tenant Satisfaction —Green Lease Clauses —Fit Our Guidelines —Programs Connecting Tenants with Customers Including: MyPark Express Parking, Fillogic, etc. —Dedicated ESG Collaboration Program
INVESTORS —Annual Reports —Annual Proxy Statements —Annual Stockholder Meetings
—Investor Presentations —Quarterly Earning Calls —Investor Relations: Individual Investor Meetings, Including ESG-Specific Meetings
GOVERNMENT & INDUSTRY RELATIONS —Regular Interaction with
SHOPPERS —Digital Directories —Shopper Interviews —Social Media Channels —Feedback Forms —Enhanced Experiential Programs Including: Clicks to Bricks, Dropit, etc.
Local, State, and Federal Governmental Authorities —National Association of Real Estate Investment Trusts (NAREIT): Member of Real Estate Sustainability Council —Member of the International Council of Shopping Centers (ICSC)
SUPPLIERS —New Suppliers Code of Conduct —On-Site Meetings and Engagement —Collaborate with Local Suppliers
COMMUNITIES AND NGOs —Collaborate on Industry Initiatives and with Industry Associations —Provide Spaces for Non-Governmental Organizations (NGOs) —Founder of Simon Youth Foundation —Partner with Local Non-Profit Organizations to Provide Philanthropic Support to the Communities
EMPLOYEES —Simon Employee Association (SEA) —Talent Acquisition, Training, and Talent Development Programs —Succession Planning —Performance Management/ Continuous Feedback
—Corporate Core Values —D&I Policy and Council —Governance Policies
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CREATING SUSTAINABLE CENTERS
CUSTOMERS
COMMUNITIES
ENVIRONMENT
EMPLOYEES
APPENDIX
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