7/18/2019 | By Nareit Staff
Kimco Realty Corp. (NYSE: KIM) said it has been named a constituent of the FTSE4Good Index Series following its June 2019 index review. Kimco is a first-time member of the series.
mREIT Annaly Capital Management, Inc. (NYSE: NLY) was also named a constituent.
Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social, and governance (ESG) practices.
“Kimco’s FTSE4Good membership reflects our leadership in corporate responsibility and the tremendous strides made through our sustainability program, formally launched in 2011,” said Conor Flynn, Kimco’s CEO. “Being named a constituent of the FTSE4Good Index Series, along with our inclusion on the Dow Jones Sustainability North America Index for the last four years, cements our commitment to retail real estate industry growth through leading-edge work in corporate sustainability and governance.”