Tanger Inc. released its 2024 Impact Report on May 30, 2025, detailing its environmental, social, and governance (ESG) practices and achievements for the annual period ending December 31, 2024. The report underscores Tanger's commitment to creating positive social and economic impact aligned with its mission, vision, and values.
Key environmental highlights include achieving LEED certification for 20 centers, representing 58% of its owned and managed portfolio by gross leasable area. The company also increased its solar energy generation capacity by 13%, reaching a total of 15.5 MW across 11 centers, and continued to offer EV charging at over 90% of its centers, facilitating 165,000 charging sessions. Tanger further demonstrated its commitment by restating its GHG emissions baseline and disclosing its Scope 3 footprint for the first time.
Social and governance achievements noted in the report include refreshing its Board of Directors with the addition of Sonia Syngal, providing 100% of team members with Code of Business Conduct and Ethics and cybersecurity training, and expanding initiatives championed by its Employee Resource Groups. The company also contributed significantly to communities, sponsoring nearly 7,500 hours of volunteer service, raising over $140,000 through its TangerPink program, and contributing $190,000 to local schools via TangerKids. These efforts showcase Tanger's dedication to sustainable operations and community well-being.
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