Simon Property Group Lauded for Climate Change Disclosure

INDIANAPOLIS, Sept. 29 /PRNewswire-FirstCall/ — Simon Property Group, Inc. (NYSE: SPG), the country’s largest owner, developer and manager of high quality retail real estate, announced today its inclusion in the Carbon Disclosure Project’s (CDP) “Carbon Disclosure Leadership Index.” The results were announced by the CDP at an event last week in New York.

This index highlights companies that have displayed the most professional approach to corporate governance with respect to climate change disclosure practices. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company. Simon was the only real estate company to be recognized.

“We’re delighted with this recognition of our ability to manage and report on carbon and climate change in relation to our business,” said David Simon, chairman and CEO of Simon Property Group. “We feel that accurate measurement and disclosure of our carbon footprint is a key step in managing climate change risks and opportunities.”

Paul Dickinson, chief executive of the Carbon Disclosure Project said, “Companies which control their risks today, manage their emissions and seize the opportunities to produce low carbon goods and services, will be the best placed to prosper in a low carbon economy of the future.”

About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers