The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

General Growth Properties Unveils First Sustainability Report

Tuesday, September 03, 2013

General Growth Properties Unveils First Sustainability Report

06:00 EDT Tuesday, September 03, 2013

CHICAGO, Sept. 3, 2013 /PRNewswire/ -- General Growth Properties (NYSE: GGP) today announced the unveiling of its inaugural GGP Sustainability report, now posted on   The report focuses mainly on GGP's energy conservation initiatives, including the use of solar panels and food composting programs.

The GGP Sustainability report can be accessed on the corporate website at  [CLICK HERE] to go directly to the report.

Highlights of the report include:

  • Solar Panel Installations ? GGP installed state-of-the-art solar panels on the rooftops of four GGP New Jersey malls.  The panels provide 12% of the properties' energy needs at an estimated annual savings of approximately $650,000.
  • Energy Management Systems ? Over the past several years, GGP has installed Energy Management Systems (EMS) that collect output data from sub-meters; monitor tenant and building utility usage; and are essential to measuring energy efficiency at GGP centers.
  • Food Composting ? A handful of GGP malls have introduced food composting initiatives to their operations.  Food composting not only keeps tons of waste out of local landfills every year, but it provides a much needed source of animal feed.
  • Reuse and Recycle ? As GGP malls undergo renovations and remodels, tons of fixtures and other hardware become available.  The fixtures and hardware are often donated to local non-profit organizations or repurposed.
  • Giving Back ? Making our communities better places to live is equally important as conserving our natural resources. 

ABOUT GGPGeneral Growth Properties is a fully integrated, self-managed and self-administered real estate investment trust focused exclusively on owning, managing, leasing, and redeveloping high-quality retail properties throughout the United States. GGP's portfolio is comprised of 123 malls in the United States comprising approximately 128 million square feet. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

Contact Information: 



Kevin Berry, Vice President of Investor Relations

David Keating, Vice President of Corporate Communications

(312) 960-5529

(312) 960-6325

SOURCE General Growth Properties

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections