Kimco Realty Recognized by Nareit for Outstanding Retail Sustainability Practices

by Katie Lee

Jericho, N.Y. — Kimco Realty®, North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed-use assets, has been awarded Nareit’s ‘Leader in the Light Award’ for the retail REIT sector, marking the third time the company has received this prestigious recognition for its sustainability initiatives.

The Leader in the Light awards are given to REITs that have demonstrated outstanding environmental, social and governance (ESG) practices throughout the year, with winners selected by an interdisciplinary panel of judges.

“It is an honor to once again be recognized for our continued and evolving efforts around environmental, social and governance issues,” says Kimco CEO Conor Flynn. “ESG touches every area of our business, and it’s part of the framework through which we approach challenges, innovate solutions and plan for future growth. As an industry leader, employer to hundreds and a business operator in communities across the country, we’ll continue to refine and expand these efforts as we uphold our responsibility to positively impact all our stakeholders.”

“The advancement of sustainability in all of its facets, including environmental stewardship, social responsibility and good governance is a core component of the REIT and publicly traded real estate industry and is increasingly vital to communities and investors,” says Steven A. Wechsler, president and CEO of Nareit. “We applaud our members’ continued commitment to navigating their business strategies and practices through a sustainability lens.”

The Leader in the Light award winners were announced at Nareit’s REITworld 2022 Annual Conference in San Francisco.

Kimco Realty® is a real estate investment trust (REIT) headquartered in Jericho, N.Y. As of September 30, 2022, the company owned interests in 526 U.S. shopping centers and mixed-use assets comprising 91 million square feet of gross leasable space. For more information, visit





SOURCE: Kimco Realty

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