Kimco Realty Launches Corporate Responsibility Website

Thu Jan 31, 2013 8:30am EST

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130131:nBw315158a

Site highlights Kimco`s efforts in giving back to both the community and the
environment
NEW HYDE PARK, N.Y.--(Business Wire)--
Kimco Realty Corp. (NYSE: KIM), the nation`s largest owner and operator of
neighborhood and community shopping centers, has launched a corporate
responsibility website for tenants, investors and consumers to learn about the
company`s stewardship activities and how they benefit the wider community.
Through the website, Kimco will spotlight initiatives that positively impact its
customers and tenants, reduce its environmental footprint, improve operational
efficiencies, and create new value opportunities. 

The site focuses around four key fundamental principles: 

1. REthink Business: details Kimco`s efforts to create new sources of value, and
address issues of concern to the industry 

2. REnew Community: describes Kimco`s community-building and employee volunteer
efforts 

3. REstore Environment: outlines Kimco`s environmental sustainability
initiatives 

4. REsources: provides formal reporting, alliances and partnerships, and
policies 

Kimco has invested in multiple corporate responsibility initiatives over the
past few years. These include implementing a utility management program to
monitor resource use and reduce expenses at individual centers; pioneering
landlord-installed solar panels at shopping centers to reduce tenant energy
costs; developing a lighting control system that reduces parking lot electric
consumption by 25 percent; and partnering with the International Council of
Shopping Centers to develop a first-of-its-kind Property Efficiency Scorecard. 

In addition to highlighting program initiatives and milestones, the website will
provide visitors with an interactive experience through video and links to
Kimco`s corporate blog and Twitter feed (@KimcoCR). 

"We developed the site to create a dedicated forum for stakeholders to learn
about our corporate responsibility program and the successes that we`ve had to
date," said Will Teichman, Director of Sustainability at Kimco Realty. "In the
past few months, many stakeholders have inquired about what Kimco was doing in
the corporate responsibility arena. Most were happily surprised to learn that we
were doing so much, but asked why we weren`t sharing our story in a more public
way. This new site gives us an ideal platform to share our sustainability
successes while establishing the forward momentum, purpose, and accountability
needed to achieve our future vision." 

About Kimco

Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT)
headquartered in New Hyde Park, N.Y., that owns and operates North America`s
largest portfolio of neighborhood and community shopping centers. As of
September 30, 2012, the company owned interests in 922 shopping centers
comprising 135 million square feet of leasable space across 44 states, Puerto
Rico, Canada, Mexico, and South America. Publicly traded on the NYSE since 1991,
and included in the S&P 500 Index, the company has specialized in shopping
center acquisitions, development, and management for 50 years. For further
information, visit the company`s web site at www.kimcorealty.com, its blog at
blog.kimcorealty.com, or follow Kimco on Twitter at
www.twitter.com/kimcorealty.

Kimco Realty Corporation
David F. Bujnicki, 1-866-831-4297
Vice President, Investor Relations and Corporate Communications
dbujnicki@kimcorealty.com

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.