At CBL, we believe sustainability is a business benefit and we strive to integrate it across all our operational and managerial processes, from planning and development through operations and management.
We have identified four core areas of focus for sustainable operations across the company. They are:
- Energy: We are committed to pursuing opportunities to reduce energy consumption.
- Water: We are committed to pursuing opportunities to increase conservation of water resources.
- Waste: We are committed to working to reduce waste from our operations and to increase waste diversion to landfill through recycling efforts across the portfolio.
- Greenhouse Gas Emissions: We are committed to measuring and reporting Scope 1 and Scope 2 emissions in an effort to pursue additional opportunities to reduce the environmental impact of our centers.
2023 Accomplishments
7 energy-efficient lighting projects completed
Resulting in 4,054,378 additional kWh savings
EMS system updates at three properties
resulting in an estimated savings of 2M KwHs
129 active charging stations
across 18 properties
In 2023, we achieved the goals we set forth in 2022, completing a total of seven energy-efficient light projects, bringing the total number of projects completed over the last several years to 79, increasing the number of active EV charging stations across our portfolio to 129, and incorporating green lease language into new and renewal leases.
2024 Goals
- Complete at least three energy-efficient lighting projects.
- Recycle at least 6,000 tons of paper and cardboard and expand single stream recycling at viable locations.
- Progress our assessment of Scope 1 and 2 emissions.