Kite Realty Trust : KRG 2024 Corporate Responsibility Report
KRG
Published on 06/25/2025 at 16:06
Corporate Responsibility Report
2024
kiterealty.com
CONTENTS
| Corporate Responsibility Report 2024
Introduction 3
About this Report
Corporate Responsibility Mission Statement Message from our CEO
Corporate Responsibility Oversight
About KRG
Materiality Assessment and Matrix Stakeholder Engagement
2024 Corporate Responsibility Highlights 5-Year Corporate Responsibility Goals
Key Environmental Highlights
Performance: GHG Emissions, Water, Waste, Energy Biodiversity
Initiatives & Accomplishments
KRG's Approach to Climate Change Risk -TCFD Climate Risk Assessment
Key Social Highlights Our Team
Employee Benefits & Recognition
Employee Training & Engagement Kite Cares
Community Events & Partnerships
Indirect & Direct Socioeconomic Impacts
Supplier Code of Conduct, Tenant Engagement & Human Rights
Key Governance Highlights
Overview & Board of Trustees Trustee Diversity and Tenure
Board of Trustee Composition and Tenure Trustee Skills and Experience Matrix Governance Best Practices
LRQA Independent Assurance Statement Global Reporting Initiative (Core) Index SASB Index
ONE LOUDOUN
ASHBURN, VA
2 INTRODUCTION
ABOUT KRG
ENVIRONMENTAL
SOCIAL
GOVERNANCE CONTACT INFORMATION APPENDIX
| Corporate Responsibility Report 2024
Introduction
IN THIS SECTION:
About this Report
Corporate Responsibility Mission Statement Message from our CEO
Corporate Responsibility Oversight
EDDY STREET COMMONS AT NOTRE DAME
SOUTH BEND, IN
INTRODUCTION
3 ABOUT KRG
ENVIRONMENTAL
SOCIAL
GOVERNANCE CONTACT INFORMATION APPENDIX
Kite Realty Group Trust (NYSE: KRG) (the "Company") is committed to transparent and consistent disclosure. This Corporate Responsibility Report, primarily highlighting our 2024 calendar year, contains quantitative and qualitative data detailing our commitment to corporate responsibility. This annual report serves to record our progress as we continuously aim to improve the sustainability of our operating platform.
The data in this 2024 Corporate Responsibility Report covers Kite Realty Group activity from the 2024 calendar year, unless otherwise stated. The scope of this report encompasses assets over which KRG has operational control during the reporting period.
KRG has a systematic approach to recording, measuring, and reporting Corporate Responsibility performance. We gather data on greenhouse gas (GHG) emissions, energy use, water, waste, electric vehicle charging, employee retention, engagement, training, diversity, social initiatives, and other metrics. This data informs the direction of our corporate responsibility efforts. While we take appropriate and reasonable steps to ensure the accuracy of our data, it is possible the information in this 2024 report could evolve over time. In cases where we become aware of updates to data from previous years, we will provide updated data in subsequent corporate responsibility reports if we believe the changes are material.
Kite Realty Group's environmental data is calculated in accordance with the Greenhouse Gas Emissions Protocol (GHG Protocol) and the U.S. Environmental Protection Agency (EPA) guidelines. We use the control approach to set the organizational boundary and define operational boundary/control as common areas and vacant spaces. For this report, Scope 1 (direct) and Scope 2 (indirect) emissions are from sources within our operational boundary and primarily relate to energy used for exterior parking lot lighting, common areas, maintaining the inside of vacant tenant spaces, and corporate offices. Scope 3 includes emissions from sources that are not owned or controlled by us, and are outside the boundaries of Scope 1 and Scope 2. These emissions are reported based on the data that is available to us. Regarding waste, we do not generate the majority of waste at our properties considered within our operational control boundary, but we are primarily responsible for its disposal.
We align our data collection, measurement, and reporting activities with industry-leading standards and frameworks, including the GHG Protocol, Global Reporting Initiative™ (GRI) Sustainability Reporting Guidelines, the Sustainability Accounting Standards Board (SASB) Standards, the Task Force on Climate-Related Financial Disclosures (TCFD), and the United Nations Sustainable Development Goals (UN SDGs).
This Corporate Responsibility Report, together with other statements and information publicly disseminated by KRG, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E 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.
Risks, uncertainties and other factors that might cause such differences, some of which could be material, include but are not limited to: our ability to satisfy or surpass corporate responsibility goals set by the Company or third-party constituencies on the anticipated timeline or at all; risks associated with the use of artificial intelligence and related tools; and other risks identified in reports KRG files with the Securities and Exchange Commission or in other documents that it publicly disseminates, including, in particular, the section titled "Risk Factors" in KRG's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in KRG's quarterly reports on Form 10-Q. KRG undertakes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
4
INTRODUCTION
ABOUT KRG
ENVIRONMENTAL
SOCIAL
GOVERNANCE
CONTACT INFORMATION
APPENDIX
Corporate Responsibility Mission Statement
KRG is dedicated to growing a thriving and viable business, and Corporate Responsibility is a critical component in delivering sustained value to our stakeholders.
Our Corporate Responsibility practices have long been woven into our corporate culture, and we greatly value the opportunity to formally report these efforts while continuously setting and pursuing ambitious goals for future improvement. We believe intentional Corporate Responsibility initiatives are critical to providing long-term value to our shareholders, customers, colleagues, and communities.
OUR VISION
At KRG, we strive to be...
F orward-
thinking
We are curious, we prize innovation, and we welcome change.
O ptimistic
We begin with a positive attitude, and while we assume the best, we prepare for the worst.
C ollaborative
We are receptive to different perspectives and are obligated to coordinate our efforts.
U rgent
We are fast and persistent, but not at the expense of accuracy.
S ound
We are built on a stable foundation and we make judgments in a measured and thoughtful way.
E mpowered
We are independent thinkers with confidence to take the initiative and solve problems.
D edicated
We refuse to lose, we will grind till the end, and we are never complacent.
To create communities, foster relationships, and enable positive human interaction.
OUR PURPOSE
Serve as the most compelling, flexible, and effective link between retailers and consumers.
Create meaningful experiences and long-term value for our customers, colleagues, communities, and shareholders.
OUR VALUES
INTRODUCTION
5 ABOUT KRG
ENVIRONMENTAL SOCIAL
GOVERNANCE CONTACT INFORMATION APPENDIX
Disclaimer
Kite Realty Group Trust published this content on June 25, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 25, 2025 at 20:05 UTC.