Governance

We are proud of all that we have acheived over the past year to make positive contributions to the communities in which we work and live. Over the course of 2022, we are committed to furthering these actions, setting more ambitious goals, measuring our progress, and continuing to increase transparency through enhanced reporting.

Stephen Lebovitz, CEO, CBL Properties

Read more about CBL's commitment to our people and the communities we serve in a letter from our CEO here.

CBL has formed a dedicated ESG Team focused on sustainability, social governance, and corporate governance as well as ESG reporting. The members that make up this committee represent various departments within the Company such as Management, Investor Relations, People & Culture, and Public Relations and is led by a member of CBL's executive management team. CBL's ESG Team reports to the CEO and to the board of directors on at least an annual basis.

Read CBL's full ESG Policy here.

CBL believes that we should embrace corporate responsibility, promoting a culture of accountability, fairness, and transparency in how we manage our relationships with investors, employees, tenants, and partners. We have a comprehensive set of policies and procedures that govern the activities of the group, including:

  • Social policies – CBL sets standards on diversity and equal opportunity employment, worker rights, discrimination, stakeholder engagement, employee performance and career development, human rights and workplace accountability, freedom of association, and labor practices.
  • Governance policies – CBL maintains standards and policies on bribery and corruption, data protection & privacy, cybersecurity, executive compensation, fiduciary duty, fraud, political contributions, whistleblower protection, internal audit, and risk management. CBL also maintains a comprehensive disaster recovery and business continuity plan designed to minimize the impact of an unplanned business interruption
  • Sustainability policies – CBL maintains policies outlining CBL’s commitment to sustainable building practices, sustainable property management and is progressing towards implementing opportunities to include green lease language.

Corporate Responsibility Documents

Annual Report

Annual Report on Financial Performance as well as Human Capital, Employee Engagement, and Risk Assessment and Management

Proxy

Information on CBL’s executive compensation practices, Board of Director roles and responsibilities, and other governance practices.

Compensation Committee Charter

Information on CBL's compensation practices

Vendor Requirements

CBL expects our vendors to reflect our commitment to human rights and workplace accountability

Code of Conduct

CBL's policies related to conflicts of interest, whistleblower, political contributions, and more

Corporate Governance Guidelines

CBL maintains many of its corporate and board governance policies

Human Rights Policy

CBL Properties has served as an active member of communities across the continental United States

Best Practices Guidebook

CBL's commitment to sustainable building practices and property management