DDR Announces 2012 Corporate Social Responsibility Report
BEACHWOOD, Ohio, Feb. 19, 2013 /PRNewswire/ -- DDR Corp. (NYSE: DDR) announced today that it has produced the Company's 2012 Corporate Social Responsibility report through a multimedia website which can be viewed at www.ddr.com/csr.
"We are very pleased to offer this report as a means to demonstrate our ongoing efforts regarding corporate social responsibility, while highlighting the measurable results we have achieved to date," commented Joseph Tichar, DDR's Senior Vice President of Corporate Operations.
The report includes first-hand perspectives of the initiatives that DDR employees have successfully executed throughout 2012, while highlighting the three primary segments that guide the Company's approach to corporate social responsibility; Sustainability, People and Community.
Through these combined efforts, DDR has realized a significant reduction in environmental impact, achieved meaningful cost savings, established a progressive corporate culture where employees are positioned to succeed in their discipline, and enriched the communities in which the Company operates through charitable contributions and events.
"We are committed to maintaining our distinction as a responsible corporate citizen," concluded Mr. Tichar. "Whether in the form of resource reduction, employee training and development, or solidifying our role in the communities our shopping centers serve, each initiative has a positive result for our business and our stakeholders."
DDR is an owner and manager of 454 value-oriented shopping centers representing 116 million square feet in 39 states, Puerto Rico and Brazil. The company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the company is available at www.ddr.com.
SOURCE DDR Corp.