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Phillips Edison & Company Issues Annual Corporate Social Responsibility Report
CINCINNATI--(BUSINESS WIRE)-- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored
About this update from Phillips Edison & Company, Inc.
[{"type":"text","content":" CINCINNATI--(BUSINESS WIRE)--\nPhillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, today released its annual corporate social responsibility (“CSR”) report for the 2020 calendar year. The report details the comprehensive CSR initiatives PECO is undertaking across various categories, including environmental responsibility, community involvement, diversity and inclusion, and associate engagement.\n\n“The challenges of navigating a global pandemic have served to reinforce our commitment to ESG and functioning as a responsible corporate citizen in the communities we serve – these are critical efforts that create value for all our stakeholders,” said Jeff Edison, chairman and CEO of PECO. “I’m especially proud of the PECO team for mobilizing quickly to establish programs and introduce creative solutions to support our Neighbors, customers and each other during a time of uncertainty. We continue to make significant progress evolving our longstanding CSR initiatives, which delivered results across the board. This is a clear example of how our culture of teamwork and innovation can make a difference, and we remain committed to advancing these efforts.”\n\nKey CSR accomplishments include:\n\n\nNamed a Top Place to Work by Enquirer Media for the fourth straight year.\n\n\nScored highly on its annual engagement survey, with 91 percent of associates reporting pride in telling people where they work, compared to the 80 percent national average noted by Qualtrics XM.\n\n\nIntroduced PECO ConnectTM to help Neighbors (what PECO calls its tenants) withstand COVID-19 shutdowns and disruption. PECO ConnectTM included the Front Row to Go© curbside pickup program, a Neighbor Rewards Program, webinars, printable signage and more.\n\n\nActivated parking lots and storefronts to serve as COVID-19 testing and/or vaccine facilities.\n\n\nAmplified diversity and inclusion efforts via the associate-led PECO MORE (Multicultural Opportunities, Resources and Education) initiative, leveraging internal marketing and events to raise awareness of and sensitivity to important related topics such as implicit bias.\n\n\nAdvanced initiatives to promote gender equality via the associate-led PECO NOW (Networking Opportunities for Women) program. Since i...