{"id":772896,"date":"2023-07-27T01:29:50","date_gmt":"2023-07-27T05:29:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/"},"modified":"2023-07-27T01:29:50","modified_gmt":"2023-07-27T05:29:50","slug":"kite-realty-group-trust-publishes-annual-corporate-responsibility-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/","title":{"rendered":"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">INDIANAPOLIS, July  26, 2023  (GLOBE NEWSWIRE) &#8212; Kite Realty Group Trust (NYSE: KRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company\u2019s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company\u2019s goals and related initiatives.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>\u201cKRG\u2019s corporate responsibility efforts reflect an intrinsic commitment that drives our daily operations and long-term strategies,\u201d said John A. Kite, Chairman and CEO. \u201cThese important efforts help enhance our performance, our team, our customers, and our communities. Our 2022 corporate responsibility achievements demonstrate our ongoing commitment, focus and continued progress toward our long-term goals.\u201d<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>2022 Report highlights include:<\/strong>\n      <\/p>\n<ul type=\"square\">\n<li style=\"text-align:justify\">Reduced greenhouse gas emissions by 4.4% on a year-over-year basis<\/li>\n<li style=\"text-align:justify\">Reduced electricity usage by 2.5% on a year-over-year basis<\/li>\n<li style=\"text-align:justify\">Eliminated 895 metric tons of CO2e<\/li>\n<li style=\"text-align:justify\">Increased diverse representation 5-year target on KRG\u2019s Board of Trustees to over 35% from 30%<\/li>\n<li style=\"text-align:justify\">Planted over 25,000 trees through KRG\u2019s Project Green reforestation effort<\/li>\n<li style=\"text-align:justify\">Increased IREM certified property count to 53 properties<\/li>\n<li style=\"text-align:justify\">Dedicated over 4,000 team member hours to KRG\u2019s Volunteer Time Off program<\/li>\n<li style=\"text-align:justify\">Hosted over 200 community events throughout the KRG portfolio<\/li>\n<li style=\"text-align:justify\">Achieved Gold Level Green Lease Leader recognition for the third consecutive year<\/li>\n<\/ul>\n<p align=\"justify\">For more information and to read KRG\u2019s 2022 Corporate Responsibility Report, please visit KRG\u2019s ESG &amp; Corporate Responsibility page: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LAVawfiQEpyTxULKFhESDgfHVoMSUxs25Y02flxPfoeigq3qnYBkG-YBGmCPppmrOAwN4LfYllEJIpV9XC9_H70yr8O9bS5vObKbGqv-iMTro-5qY_gcTB--5Xg5XzKjg5KbwsSFuD5S1hL69yIHbcokesiPDYrLYePUbgyhOKo=\" rel=\"nofollow noopener\" target=\"_blank\">kiterealty.com\/company\/corporate-responsibility<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Kite Realty Group Trust<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company\u2019s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of March 31, 2023, the Company owned interests in 181 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.5 million square feet of gross leasable space. For more information, please visit kiterealty.com.<\/p>\n<p align=\"justify\">Connect with KRG:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AeM8UOaXMuu3lyDOs_dKMRTcqDXdIoslXEuzCRv4F_N__aOIKZijJHpDCLBhEENZrd-MMO2cDfdwJ5d-gPJM9w4vjWCbKJPwUmdiTs4AZPx_pB18xfuXETCzmdGsXCjWS0OzeDtyCbIcWsPskmDkQ56K2ECiVJDQWQroHLDjRoEjizHI0hYtlhBB-68JizAZFeIOXbEjq9j8BhOti8pWejPE2iRzTpojXys7Dleblfioo0m3PWfjr5UzJQxLuRADeF7qqsUiuhzx4BDCcmP0KQ==\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a>\u00a0|\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BKuPkqGOCoGsev3MBd_2S8JHybDOxGzS2H804PxthLzBep4feYuRINoeI1j3K9Ue_1IPvow25ccJx7Hq8A27ENwDwXxIJAva9QqIynVMKQ1Kf0hkTYagJ19j4t4LBdEyGrvYZf162NmXp5GYWgIZ8_-bGHoopi97RuSGsKS2UEdiv3pPhoy7pmYbalGtd-0NTlsTQzbk8nB5DeVNaVMmnQ95MSvMqvJdIZhismGGfMNneuW92vL6G5ql3tqlUtLh8Cnf3YlC18mox2bh6eexAyA1fZIjxYav7w73iG74B2XxHUWcm-qxVOCOJu-NK5pwg_DgXrGLXaMjF60zMh7pgA==\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>\u00a0|\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4rOIUnAJ0qfNG3tPN_k_WRi47iO0GL-Ethwkmhe4JKTfTjIJxYCbGbNLi3Im46c3g_DqM1Hgvo4sdrbf4pq4KUimA2ojaAe2ziFktivY9tCzGN9-VM_NIv2bBEAOoeEHdWx8bvgyCxOZBVLLwzW458HtaAFOHg9u9CxnDI-oKBIRXK-6V6_Iz5-e23yNvSh9f6GRti8E-pc_6c-6Yae01dSfZdzARWnjfJHoDm24Ogr2fByh0sF9DMj55svp8nlv\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a>\u00a0|\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OeAryv0a1FavbeNe3hTLzih0QZLAo2UNz1zMc3DA14-bV6GFeXrE8ABOs4463AptBhuF6SXgLDrfIVkazKSnaeNLgyTXIM-YnWqh1nMQIA1tLVYlYN2ZYR82gb-9rrdF62KqjCH96OJUoElFImBNaSkpKiCdq0b-7eM5RJvY00_x1t5CSRsvWbuiVgzJbW-N8q0wnLhF-RaOFn3IJrilItN3R0IT8_rjSfJ6DsLfJsUqgnX95_GavYYL1GVGWc3I\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Safe Harbor<br \/><\/u><br \/>\n        <\/strong>This release, together with other statements and information publicly disseminated by us, contains certain forward-looking statements within the meaning of Section\u00a027A of the Securities Act of 1933 (the \u201cSecurities Act\u201d) and Section\u00a021E of the Securities Exchange Act of 1934. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, performance, transactions or achievements, financial or otherwise, may differ materially from the results, performance, transactions or achievements, financial or otherwise, expressed or implied by the forward-looking statements.<\/p>\n<p align=\"justify\">Risks, uncertainties and other factors that might cause such differences, some of which could be material, include but are not limited to: national and local economic, business, banking, real estate and other market conditions, particularly in connection with low or negative growth in the U.S. economy as well as economic uncertainty (including a potential economic slowdown or recession, rising interest rates, inflation, unemployment, or limited growth in consumer income or spending); the risk that our actual NOI for leases that have signed but not yet opened will not be consistent with expected NOI for leases that have signed but not yet opened; financing risks, including the availability of, and costs associated with, sources of liquidity; the Company\u2019s ability to refinance, or extend the maturity dates of, the Company\u2019s indebtedness; the level and volatility of interest rates; the financial stability of tenants; the competitive environment in which the Company operates, including potential oversupplies of and reduction in demand for rental space; acquisition, disposition, development and joint venture risks; property ownership and management risks, including the relative illiquidity of real estate investments, and expenses, vacancies or the inability to rent space on favorable terms or at all; the Company\u2019s ability to maintain the Company\u2019s status as a real estate investment trust for U.S. federal income tax purposes; potential environmental and other liabilities; impairment in the value of real estate property the Company owns; the attractiveness of our properties to tenants, the actual and perceived impact of e-commerce on the value of shopping center assets and changing demographics and customer traffic patterns; business continuity disruptions and a deterioration in our tenant\u2019s ability to operate in affected areas or delays in the supply of products or services to us or our tenants from vendors that are needed to operate efficiently, causing costs to rise sharply and inventory to fall; risks related to our current geographical concentration of the Company\u2019s properties in Texas, Florida, Maryland, New York, and North Carolina; civil unrest, acts of violence, terrorism or war, acts of God, climate change, epidemics, pandemics (including COVID-19), natural disasters and severe weather conditions, including such events that may result in underinsured or uninsured losses or other increased costs and expenses; changes in laws and government regulations including governmental orders affecting the use of the Company\u2019s properties or the ability of its tenants to operate, and the costs of complying with such changed laws and government regulations; possible short-term or long-term changes in consumer behavior due to COVID-19 and the fear of future pandemics; our ability to satisfy environmental, social or governance standards set by various constituencies; insurance costs and coverage; risks associated with cybersecurity attacks and the loss of confidential information and other business disruptions; other factors affecting the real estate industry generally; whether the Company will achieve or maintain its ESG goals and related targets; and other risks identified in reports the Company files with the Securities and Exchange Commission (\u201cthe SEC\u201d) or in other documents that it publicly disseminates, including, in particular, the section titled \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company\u2019s quarterly reports on Form 10-Q. The Company undertakes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p>Contact Information: Kite Realty Group Trust<br \/>Tyler Henshaw<br \/>SVP, Capital Markets &amp; Investor Relations<br \/>317.713.7780<br \/>thenshaw@kiterealty.com<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTQ5NyM1NzExNDgyIzIwMDgxNTI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZmFlZjk0NzctYjM4Yy00ZGMyLThiYTctNzRlYzZmMzg2Y2U2LTEwMTk3MjU=\/tiny\/Kite-Realty-Group-Trust.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>INDIANAPOLIS, July 26, 2023 (GLOBE NEWSWIRE) &#8212; Kite Realty Group Trust (NYSE: KRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company\u2019s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company\u2019s goals and related initiatives. \u201cKRG\u2019s corporate responsibility efforts reflect an intrinsic commitment that drives our daily operations and long-term strategies,\u201d said John A. Kite, Chairman and CEO. \u201cThese important efforts help enhance our performance, our team, our customers, and our communities. Our 2022 corporate responsibility achievements demonstrate our ongoing commitment, focus and continued progress toward our long-term goals.\u201d 2022 Report highlights include: Reduced &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kite Realty Group Trust Publishes Annual Corporate Responsibility Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772896","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kite Realty Group Trust Publishes Annual Corporate Responsibility Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INDIANAPOLIS, July 26, 2023 (GLOBE NEWSWIRE) &#8212; Kite Realty Group Trust (NYSE: KRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company\u2019s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company\u2019s goals and related initiatives. \u201cKRG\u2019s corporate responsibility efforts reflect an intrinsic commitment that drives our daily operations and long-term strategies,\u201d said John A. Kite, Chairman and CEO. \u201cThese important efforts help enhance our performance, our team, our customers, and our communities. Our 2022 corporate responsibility achievements demonstrate our ongoing commitment, focus and continued progress toward our long-term goals.\u201d 2022 Report highlights include: Reduced &hellip; Continue reading &quot;Kite Realty Group Trust Publishes Annual Corporate Responsibility Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T05:29:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTQ5NyM1NzExNDgyIzIwMDgxNTI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report\",\"datePublished\":\"2023-07-27T05:29:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/\"},\"wordCount\":1084,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg4MTQ5NyM1NzExNDgyIzIwMDgxNTI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\\\/\",\"name\":\"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report - 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The report also details progress, measurements, and case studies around each of the Company\u2019s goals and related initiatives. \u201cKRG\u2019s corporate responsibility efforts reflect an intrinsic commitment that drives our daily operations and long-term strategies,\u201d said John A. Kite, Chairman and CEO. \u201cThese important efforts help enhance our performance, our team, our customers, and our communities. Our 2022 corporate responsibility achievements demonstrate our ongoing commitment, focus and continued progress toward our long-term goals.\u201d 2022 Report highlights include: Reduced &hellip; Continue reading \"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-27T05:29:50+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTQ5NyM1NzExNDgyIzIwMDgxNTI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report","datePublished":"2023-07-27T05:29:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/"},"wordCount":1084,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTQ5NyM1NzExNDgyIzIwMDgxNTI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kite-realty-group-trust-publishes-annual-corporate-responsibility-report\/","name":"Kite Realty Group Trust Publishes Annual Corporate Responsibility Report - 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