Fashion Valley Receives Sustainability Recognition And Certification

| January 2, 2022 | 0 Comments

Fashion Valley, located at 7007 Friars Road in San Diego, has been recognized by the Institute of Real Estate Management (IREM®) and has received the IREM® Certified Sustainable Property certification. This recognition is a mark of distinction for sustainable, efficient and environmentally friendly properties.

The IREM® Certified Sustainable Property is a prestigious sustainability certification program that focuses on the role of exceptional real estate management in green building performance. To earn the certification, a property must first meet key baseline requirements, and then earn necessary points across energy, water, health, recycling and purchasing categories.

This certification is a mark of distinction for office, medical office, industrial, multifamily, senior housing and retail properties. IREM®’s sustainability certification provides properties with recognition for resource efficiency and environmental programs.

Tenants and residents increasingly associate environmental performance with quality, so the certification presents a prime opportunity to showcase quality, responsible real

estate management.

Simon’s Sustainability Office is led by the head of Sustainability, a full-time dedicated employee responsible for managing the company’s ESG programs. Head of Sustainability leads the ESG executive committee (formerly named the Sustainability executive committee), which includes C-suite executives from core functions of the Company, including the general counsel, chief financial officer, chief administrative officer, president of development, EVP of Simon management, and SVP of human resources. The ESG executive committee supervises Simon’s sustainability performance, including monitoring climate-related issues, and reports directly to the CEO and board of directors. This committee provides leadership and oversight to encourage and assure sustainability opportunities are supported and recognized at the highest level of the company.

“While our primary focus has and continues to be the health, safety, and wellbeing of our customers, communities and employees, we are determined to meet our long-term carbon reduction commitments by updating our internal policies, stimulating innovation, and developing a robust tenant engagement program,” shared Aharon Kestenbaum, head of Sustainability for Simon.

Fashion Valley is located at 7007 Friars Road in San Diego.

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