Better Health for All

Macerich Co. demonstrates a strategic focus on health-positive impact within its retail properties and communities. The company implemented hospital-grade air filtration, enhanced cleaning, and achieved Bureau Veritas SafeGuard™ certification across all major retail properties.

It hosts over 1,800 community events, including blood donation drives (4,056 pints, impacting 12,168 lives), COVID-19 testing, and wellness fairs with mental health services. Macerich donated 1.4 million meals and pledged $250,000 to provide 2.5 million meals in 2025 through Feeding America, also donating 450 laptops for online learning. During public health crises, the company hosted COVID-19 testing sites and donated food and supplies to first responders and hospitals. For employees, Macerich offers a robust Employee Assistance Program, Calm Health memberships, and resources like the 988 Suicide and Crisis Lifeline. The company follows HIPAA rules for employee personal information and maintains a comprehensive information security policy for corporate, tenant, and customer data. Macerich also actively reduces environmental pollution, with targets for net-zero emissions and significant reductions in electricity and water use, contributing to positive community health externalities. As a real estate company, many health-related KPIs are not applicable to its core business model.

Fair Money & Economic Opportunity

Macerich Co. is a real estate investment trust (REIT) and does not offer consumer lending or deposit services. Consequently, KPIs related to financial products, pricing, debt, open banking, and geographic inclusion are not applicable, resulting in a score of 0. Macerich supports local entrepreneurs through its QuikSpace platform, which streamlines leasing, and by piloting fixed temporary rents.

It also partners with the SCORE Foundation, launched in September 2023, to provide free business advice and education. This initiative received more than 35 applications for mentorship. Considering Macerich has about 850 temporary, in-line tenants, this represents less than 5% of potential customers, and specific outcome tracking for these participants is not provided. Therefore, the financial literacy initiatives are scored at -70. While Macerich supports community events and organizations through volunteerism, in-kind, and monetary donations, the articles do not provide the specific percentages of users or profits required to quantitatively score wealth building outcomes or profit reinvestment against the rubric's tiers.

Fair Pay & Worker Respect

For the 2024 fiscal year, the CEO pay ratio was 109:1

, with CEO Jackson Hsieh's total compensation at $14,373,312 and the median employee pay at $133,040 . Employee satisfaction is reflected in an average rating of 3.6 out of 5 stars , based on 199 reviews .

Honest & Fair Business

The company has an established Ethics Hotline for confidential and anonymous complaints regarding accounting, internal controls, or auditing matters, with a policy of no retaliation for good faith reports.

These complaints are directed to the Audit Committee. Furthermore, the company maintains a policy for compliance with the Foreign Corrupt Practices Act (FCPA), which includes the prohibition of illegal payments to government officials and provides guidance from its legal department. The Audit Committee's charter, amended on July 28, 2021, details its responsibilities for overseeing accounting, financial reporting, audits, compliance, and internal controls. Board members are required to meet NYSE and SEC independence standards, with their independence determined by the Board and disclosed in the Proxy Statement.

Kind to Animals

Macerich Co. operates as a real estate investment trust (REIT) focused on shopping malls, a business model that does not directly involve animal testing, animal agriculture, or the production of animal-derived products. Consequently, no specific, concrete data points are available for most KPIs related to these activities. While the company has implemented a policy to ban the sale of live animals in its more than 70 malls

, opting instead for humane stores offering adoptions of rescued pets , this action does not align with the specific quantitative thresholds or definitions of the provided KPIs, which are primarily designed for companies with direct animal-related operations or product lines. Evidence of planting 150,000 trees and restoring 179 hectares of land , while a positive environmental action, does not meet the specific quantitative requirements for revenue percentage or documented biodiversity/species recovery metrics outlined in the 'wildlife_conservation_impact' KPI.

No War, No Weapons

The provided articles contain no specific, concrete data points or evidence regarding Macerich Co.'s (MAC.US) involvement in arms manufacturing, military contracts, dual-use technology, sales to embargoed regimes, peacebuilding initiatives, or any other activities relevant to the 'No War, No Weapons' ethical value. While one article included a section labeled 'MAC.US_contract_details' for a U.S. Air Force contract, the list of companies explicitly awarded that contract did not include Macerich Co.

Therefore, no KPIs can be scored based on the available information.

Planet-Friendly Business

Macerich's target to reduce Scope 1, 2, and 3 greenhouse gas emissions by 46.2% from a 2019 base year was approved by the Science Based Targets Initiative (SBTi) in July 2021.

In 2023, 34% of its portfolio energy was sourced from clean or renewable resources. Out of 44 owned properties, 14 are certified under LEED, BREEAM, or IREM®, representing 31.8% of its portfolio. Macerich conducted a climate scenario analysis, assessing physical and transitional risks, which informed decision-making for resource allocation, property strategies, and financial planning.

Respect for Cultures & Communities

Macerich has over 20 formal partnership agreements with local community groups, including 15 distinct partners such as Maricopa County and Project REAP, and an additional 10 distinct partners like Feeding America and One Tree Planted.

The company provides standard grievance processes through an ethics hotline and whistleblowing policy. FPIC processes are not applicable to Macerich's operations. Charitable giving includes donations of 1.4 million meals and $185,000 to children's charities, but no specific percentage of revenue is directed to cultural heritage organizations. While 682 employees participated in diversity training, and there is a 98-99% learning engagement ratio for overall training, there is no specific completion percentage for cultural sensitivity training.

Safe & Smart Tech

Macerich demonstrates a commitment to data protection and privacy. The company adjusted policies in 2023 to comply with five new privacy laws, including the California Privacy Rights Act, and references compliance with GDPR.

It maintains agreements with third parties requiring them to use personal information only for intended purposes and with protections, and there are no documented incidents of unauthorized data use. Users have strong control over their data, with rights to access, correct, and delete information, and requests are acknowledged within 10 days and fulfilled within 45 days. Macerich practices strong data minimization, collecting only relevant information and generally deleting photographs and videos of individuals after 30 days.

Zero Waste & Sustainable Products

Macerich Co. received one hazardous waste violation in 2024, incurring a $9,048 penalty.

The company achieved a 37% reduction in solid waste from its 2015 baseline, three years ahead of its 2025 target.