Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SIMON PROPERTY GROUP, INC

(SPG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Simon Property : Both Bitcoin and Online Shopping Are Poor for the Environment

05/13/2021 | 05:46pm EDT

INDIANAPOLIS, May 13, 2021 /PRNewswire/ -- Bitcoin mining and online shopping are both having a negative impact on the environment.

"Recent news coverage highlighted the adverse impact of Bitcoin mining on the environment," said John Rulli, Chief Adminstrative Officer, Simon. "We want to take this opportunity to reinforce that online shopping is also negatively impacting the environment. Where you shop matters. Stores are the most sustainably friendly option in retail, and shoppers can help the environment by doing what they like best—shopping with friends and family at the favorite shopping center."

Simon is committed to protecting the environment and has substantially reduced its overall carbon footprint.

  • Reduced our carbon footprint by over 50 percent (2003-2019); by 32 percent since 2013
  • Reduced water consumption by 18.5 percent since 2013
  • Executing recycling programs at all centers
  • More than doubled our EV stations from 400 (2017) to 995 (2020) EV Stations
  • Installed 10 onsite solar PV renewable energy systems providing over 2M kWh (2000 mWh) of clean energy

And, as part of its ongoing sustainability efforts, Simon has set goals to lower its carbon emissions an incremental 68 percent by 2035 (vs. 2019).

For more information on Simon's sustainability initiatives and the environmental benefits of shopping in store, click here

About Simon
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/both-bitcoin-and-online-shopping-are-poor-for-the-environment-301291357.html

SOURCE Simon


ę PRNewswire 2021
All news about SIMON PROPERTY GROUP, INC
05:24pSIMON PROPERTY : Q2 FFO, Revenue Increase; Lifts Quarterly Dividend, 2021 Outloo..
MT
05:04pSIMON PROPERTY GROUP INC /DE/ : Results of Operations and Financial Condition, R..
AQ
04:48pSIMON PROPERTY : Q2 Earnings Snapshot
AQ
04:13pSIMON PROPERTY : Earnings Flash (SPG) SIMON Reports Q2 FFO $3.24
MT
04:12pSIMON PROPERTY : Earnings Flash (SPG) SIMON Posts Q2 Revenue $1.25B
MT
12:08pEARNINGS REACTION HISTORY : Simon Ppty Grp, 36.4% Follow-Through Indicator, 1.9%..
MT
07/30S&P 500 Posts 0.4% Weekly Drop But Ends Month Up 2.3% for July; Consumer Disc..
MT
07/21NORTH AMERICAN MORNING BRIEFING : Stock Futures -3-
DJ
07/20SIMON PROPERTY : Stifel Upgrades Simon Property Group to Buy From Hold, Adjusts ..
MT
07/15SIMON : Property Group Announces Date For Its Second Quarter 2021 Earnings Relea..
PR
More news