Overall impact
B (66)

Commentary

Macerich is a strong overall performer. With a 'B' rating of 65.5 for overall impact (74th percentile compared to all companies), Macerich ranks 6th out of 49 industry peers, behind HMG Courtland Properties, Shaftesbury, Carmila and 2 others, and ahead of Pennsylvania REIT, Kite Realty Trust, Cedar Realty Trust and 40 others. On top material causes for Macerich's industry (REIT), Macerich performs well in Healthy Oceans (87.3 score), Terrestrial Biodiversity (86.6), Sustainable Use of Natural Resources (92.1) and 2 other causes where it received an 'A' score and performs poorly in Clean Water Access (38.9 score).
Impact
Cause MAC
Peer rank
Overall impact

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Impact trend

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Company
Founded
1964
Employees
596
Sector
Real Estate
Industry
Retail REITs
Sub-industry
Retail REITs
SASB industry
Real Estate
Headquarters
Ca, United States
Share classes
MAC
Mission
To be the premier, pure-play, high-end mall REIT.
Description
Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 41 million square feet of real estate, consisting primarily of interests in 38 retail centers. Macerich is firmly dedicated to advancing environmental goals, social good, and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years (2015-2024).
Material causes
Ethos considers the following causes material for Macerich, based on its industry sub-industry Retail REITs. Learn more about material causes in our methodology overview.

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