Potential offtaker

The Macerich Company


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Countries of production presence


The Macerich Company is a leading real estate investment trust (REIT) in the United States that operates in the regional mall sector. The company was founded in 1964 and has since grown to become one of the largest owners, operators, and developers of major retail properties in the country. With a portfolio of over 50 shopping centers, The Macerich Company has a significant presence in some of the most affluent and densely populated markets in the US.

As a major player in the retail real estate industry, The Macerich Company is committed to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and mitigating the impact of climate change. To this end, The Macerich Company has implemented a number of initiatives aimed at reducing its environmental impact and promoting sustainable practices.

One of the key areas of focus for The Macerich Company is corporate energy management. The company has implemented a comprehensive energy management program that includes energy audits, retrofits, and the installation of energy-efficient technologies. The program has resulted in significant reductions in energy consumption and greenhouse gas emissions across the company's portfolio.

In addition to its energy management program, The Macerich Company has also embraced renewable energy as a way to reduce its carbon footprint. The company has invested in a number of renewable energy projects, including solar and wind power. The Macerich Company has also entered into corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase renewable energy at a fixed price over a long-term contract.

The Macerich Company's commitment to renewable energy is reflected in its recent partnership with Enel Green Power North America. The two companies have entered into a 25-year PPA for the provision of renewable energy to The Macerich Company's shopping centers in California. Under the agreement, Enel will provide The Macerich Company with 100% renewable energy from a wind farm in Kansas, helping the company to reduce its carbon footprint and meet its sustainability goals.

The Macerich Company's commitment to sustainability also extends to its operations and supply chain. The company has implemented a number of initiatives aimed at reducing waste, conserving water, and promoting sustainable practices among its tenants and suppliers. The company has also established a sustainability committee, which is responsible for overseeing the company's sustainability initiatives and ensuring that they are aligned with the company's overall business strategy.

In addition to its sustainability initiatives, The Macerich Company is also committed to social responsibility. The company has a strong track record of supporting local communities through its philanthropic efforts and community outreach programs. The company has also implemented a number of initiatives aimed at promoting diversity and inclusion within its workforce and among its tenants and suppliers.

Overall, The Macerich Company is a leader in the regional mall REIT sector, with a strong commitment to sustainability, decarbonisation, and social responsibility. The company's comprehensive energy management program, investment in renewable energy, and commitment to sustainable practices make it a model for other companies in the industry. As the world continues to grapple with the challenges of climate change, The Macerich Company's leadership in this area is more important than ever.