Better Health for All

Simon Property Group's principal service of managing retail real estate has a significant positive health impact, with 193 properties (approximately 98.47% of its U.S. portfolio) certified with the WELL Health-Safety Rating as of March 2022.

The company also partners with Humana to implement a Walking Club at 21 centers, promoting physical activity, and offers a comprehensive employee well-being program targeting preventable conditions. , As a real estate investment trust, the company's core business does not involve health-related products or services, resulting in no revenue from harmful products, and no direct applicability for KPIs related to pharmaceutical patents, nutrition, addiction, or clinical trials. Risk transparency is demonstrated through COVID-19 protocols that were epidemiologically reviewed and the company's conduct of materiality assessments to identify ESG risks and opportunities.

Fair Money & Economic Opportunity

Simon Property Group is a real estate investment trust (REIT) that primarily leases retail space, rather than offering lending, deposit, or other financial services to consumers. As such, the company does not have APRs, fee structures, customer financial data, or debt products to evaluate for consumers. It is not regulated as a lender and does not operate financial service access points. Therefore, KPIs related to direct consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, data accessibility, fair lending compliance, wealth building outcome, debt burden ratio, geographic inclusion, and product simplicity, are scored as 0, indicating they are not applicable to the company's core business model. While the company supports small businesses through flexible leasing and community initiatives, these do not constitute a 'loan/insurance book' as defined by the inclusion initiatives KPI. Financial literacy resources are provided to employees for 401(k) management, but not as a program for external customers.

No percentage of pre-tax profit reinvested in community finance was provided.

Fair Pay & Worker Respect

Simon Property Group's Code of Business Conduct & Ethics, updated in 2025, outlines principles for fair treatment, non-discrimination, and ethical conduct.

In 2021, the company was recognized as a 'Best Place to Work for Disability Inclusion' and achieved the WELL Health-Safety Rating for over 200 properties , which includes measures like rigorous cleaning practices . Employee feedback from 2025 indicates mixed perceptions of management and company culture , with some employees citing concerns about management practices, lack of training, and unrealistic expectations . In 2023, employee compensation practices received mixed feedback, including concerns about low annual salary increases . The company offers incentive-based well-being programs. In 2011, Simon Property Group settled a national origin discrimination lawsuit for $125,000 , which involved a supervisor harassing Latino janitors from 2005 to 2006 , leading to monetary relief for at least five victims and requiring anti-harassment training . Simon also maintains a Supplier Code of Conduct that mandates suppliers adhere to health and safety standards, human rights, and labor laws, including prohibitions against forced or child labor .

Fair Trade & Ethical Sourcing

No quantitative evidence was found in the provided articles to score most of the KPIs for Fair Trade & Ethical Sourcing. Simon Property Group's business model as a real estate investment trust (REIT) means it does not procure or trade physical commodities, making 'fair_trade_cert_share' and 'materials_risk_index' N/A. While the company has a Supplier Code of Conduct, developed in 2021, which applies to all suppliers

and is incorporated into all versions of standard service agreements , including provisions against child labor, forced labor, and discrimination , specific details on enforcement mechanisms like automated enforcement or penalty clauses, required for scoring 'ethical_clause_coverage', are not provided . Similarly, no specific data was found for audit frequency, forced or child labor incidents, traceability coverage, remediation speed, or supplier diversity spend .

Honest & Fair Business

Simon Property Group received a total score of 36.5 out of 100 from the World Benchmarking Alliance.

The company has a Code of Business Conduct & Ethics that includes a 24/7 anonymous fraud hotline, managed by an outside company, and explicitly prohibits retaliation against employees who disclose fraudulent activity. However, there is no evidence that this grievance mechanism is available to external stakeholders, nor is there explicit detail on independent investigation processes for whistleblower reports. The company's Code of Business Conduct & Ethics strictly prohibits corrupt or illegal practices, including bribery and kickbacks, and requires compliance with the U.S. Foreign Corrupt Practices Act (FCPA), Anti-Money Laundering (AML), and Counter Terrorist Financing (CTF) laws. These expectations are extended to suppliers through a Supplier Code of Conduct, enforced by the Legal Department, but information on training frequency or effectiveness metrics for the anti-corruption policy is not provided.

Kind to Animals

Simon Property Group champions specific animal welfare reforms, having banned exotic-animal exhibits at all its properties

and demanding the Iditarod remove its name as a sponsor. The company also agreed to stop using glue traps across approximately 400 retail centers in 24 countries following communication from PETA, and received a PETA Proggy Award for Best Animal-Friendly Real Estate Company. However, a circus with ponies and dogs was present at one of its malls in June 2023, despite the company's policy against animal exhibitions. As a real estate investment trust, the company does not produce products, conduct animal testing, operate animal agriculture, or have animal-related suppliers, making several KPIs not applicable. No measurable data was provided for wildlife conservation impact.

No War, No Weapons

Simon Property Group operates as a retail real estate investment trust and does not engage in business activities related to military contracts, arms production, or the military-industrial complex.

The company has no documented initiatives promoting peaceful conflict resolution or advocating for disarmament. Simon Property Group does, however, operate a year-round military appreciation program across more than 200 of its centers, offering special amenities, discounts, and events to honor servicemen and women.

Planet-Friendly Business

Simon Property Group has 193 properties certified under the WELL Health-Safety Rating in 2022

, out of a total of 229 properties, representing 84.28% of its portfolio. The company's greenhouse gas emissions targets were approved by the Science Based Target Initiative (SBTi) in 2020 , with Scope 1 and 2 targets validated as aligned with a 1.5°C pathway . These targets aim for a 68% reduction in Scope 1 and 2 emissions from a 2019 baseline and a 20.9% reduction in Scope 3 emissions from a 2018 baseline , both by 2035 . As of 2022, Simon had achieved a 65% reduction in Scope 1 and 2 emissions from its 2013 baseline . The company's climate-related risk disclosures are aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) , and it has conducted a climate change scenario analysis . However, Simon Property Group has no commitment to net-zero .

Respect for Cultures & Communities

In 2024, Simon Property Group invested $50 million in community projects.

, which represents approximately 0.84% of its consolidated revenue of $5.96 billion for the same year. There are no reported cultural appropriation incidents for the company.

Safe & Smart Tech

Simon Property Group has not identified any material cybersecurity incidents in 2023

, and no recent security news regarding breaches was available as of February 2026. The company provides cybersecurity awareness training to employees with access to IT systems and audits secure sockets layer certificate status. It prohibits direct service vendors from using disclosed personal information for any purpose other than providing agreed-upon products and services without affirmative consent. Users are provided mechanisms to opt-out of marketing communications and interest-based advertising , and the company details specific privacy rights for residents across numerous US states and Canadian provinces. A formal Vulnerability Disclosure Policy exists via security.txt , offering various reward types for reported vulnerabilities. The company retains personal information as long as necessary and states not all listed types of personal information will be collected. It aims to maintain strict adherence to global data privacy laws like GDPR and CCPA. Simon Property Group acknowledges ethical considerations like data privacy and algorithmic bias in its AI integration. A Cybersecurity Incident Response Team (CSIRT) supervises efforts to prevent, detect, mitigate, and remediate cybersecurity risks and incidents , and the company uses CSC Security CenterSM for auditing DNS security extension function.

Zero Waste & Sustainable Products

Simon Property Group has implemented multiple waste reduction initiatives, including cardboard recycling programs at all properties

, plastic film recycling programs at select centers , and a pilot program for hard-to-recycle materials . In 2022, a partnership with Give Back Box facilitated the return of over 1,264 boxes for reuse . The company conducts annual surveys for all centers to track waste and recycling data , which is then analyzed to identify optimization opportunities . Simon aims to substantially reduce waste generation through prevention, reduction, recycling, and reuse by 2030 . Its Supplier Code of Conduct includes comprehensive requirements for suppliers to eliminate hazardous substances, minimize environmental impact, and comply with environmental laws . Simon provides comprehensive customer education through a tenant education program , improved signage at centers , and personalized training on recycling programs .