Kimco Realty Corporation

Retail REITs

KIM

$ 23 2.4

Share price

$ 14 bn

Market Cap

$ 21 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.06x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Kimco Realty Corporation aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018

<2°C

GHG emissions and Carbon intensity

Kimco Realty Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 50 Kt (+1.9/+3.9% y-o-y).

Kimco Realty Corporation's Scope 3 emissions soared to 76 Kt (+3.4/+4.7% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +2% since 4Q'18).

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2018, which translates into the estimated reduction of -1.2 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	50	3.9	47	76
2020Q4	49	2	47	73
2019Q4	55	2.5	53	73
2018Q4	57	2.5	55	71
2017Q4	37	2	35
2016Q4	40	1.8	38
2015Q4	40	1.7	39
2014Q4	45	2	43

Kimco Realty Corporation

Carbon footprint

Primary Climate Goal

Kimco Realty Corporation aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018

GHG emissions and Carbon intensity

Kimco Realty Corporation's carbon footprint

Company environmental metrics