New Hyde Park-based Kimco Realty has been named a constituent of the FTSE4Good Index Series for the very first time.
Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance practices.
The publicly traded Kimco, which owns interests in 430 shopping centers across the U.S., including several here on Long Island, made the FTSE4Good Index Series following its June 2019 index review, according to a company statement.
“Kimco’s FTSE4Good membership reflects our leadership in corporate responsibility and the tremendous strides made through our sustainability program, formally launched in 2011,” Conor Flynn, Kimco CEO, said in the statement. “Being named a constituent of the FTSE4Good Index Series, along with our inclusion on the Dow Jones Sustainability North America Index for the last four years, cements our commitment to retail real estate industry growth through leading-edge work in corporate sustainability and governance.”