{"id":616,"date":"2022-04-28T14:43:51","date_gmt":"2022-04-28T14:43:51","guid":{"rendered":"https:\/\/sitelogiq.wpenginepowered.com\/?page_id=616"},"modified":"2025-07-10T21:39:30","modified_gmt":"2025-07-10T21:39:30","slug":"shopping-centers","status":"publish","type":"page","link":"https:\/\/www.sitelogiq.com\/markets\/commercial-real-estate\/shopping-centers\/","title":{"rendered":"Shopping Centers"},"content":{"rendered":"\n\n
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Are you ready to respond to sustainability demands?<\/h2>\n

The shopping center landscape has undergone significant changes. The pressure for shopping center owners and operators to meet new shopper expectations while demonstrating a commitment to sustainability is critical to thriving in today\u2019s market.<\/p>\n

In fact, according to Gartner, 85% of investors considered ESG (Environmental, Social and Governance) factors in their investments in 2020. Showing that investors are serious about their preference for companies that meet ESG criteria. When it comes to consumers, IBM Research Insights states that, 57% of consumers are willing to change their purchasing habits to help reduce negative environmental impact. Proving that consumers are more interested in what corporate responsibility efforts a company is taking.<\/p>\n

In order to showcase a meaningful commitment to sustainability, shopping center owners must be able to not only plan but also implement environmental initiatives. Not to mention the added benefit of reducing maintenance costs and energy consumption.\u00a0<\/p>\n

Solution Brief: Download for Shopping Center<\/a><\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\n<\/section>\n\n\n

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Executing on your ESG plans is the most challenging part <\/b> <\/strong><\/h2>\n
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When it comes to ESG initiatives, implementation matters. \u00a0You will need to streamline and accelerate your property upgrades to provide a unique experience for shoppers and ensure your investors are satisfied with your progress.\u00a0<\/p>\n

But implementation across a large portfolio is easier said than done. Managing a large scale ESG rollout requires:\u00a0<\/strong><\/span><\/p>\n

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  1. Dedicated time and effort<\/li>\n
  2. Buy in from stakeholders that shopping centers often lack to make budget decisions<\/li>\n
  3. Decision making alignment which shopping centers typically have inconsistency in local decision making\u00a0<\/li>\n
  4. Managing a large number of vendors in different regions which is often slow and runs into project hurdles\u00a0<\/li>\n<\/ol>\n <\/div>\n
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    Showcase real ESG progress in months not years <\/strong> <\/strong><\/h2>\n
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    By taking a centralized approach to ESG investments,\u00a0 you\u2019ll accelerate your progress, favorably position your properties and have the data to prove it. An end-to-end managed ESG program focused on mobilizing and monitoring your ESG strategy will help you deploy capital cost effectively and free up valuable time to focus on other important initiatives.\u00a0<\/p>\n

    Your organization will experience the following benefits within six months:\u00a0<\/p>\n