Kite Realty Launches Environmental Initiative
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Kite Realty Group Trust (NYSE:KRG) has launched a new environmental enterprise, Project Green. The company plans to plant 100 trees for every new lease signed in 2020. The effort is a partnership with Vermont-based nonprofit One Tree Planted.
Kite Realty will also donate a tree to the community where each new shopping center lease is signed.
“As an organization, we are increasingly focused on our environmental impact and we continue to look for new ways to offset our carbon footprint,” said John Kite, Chairman and CEO. “We are thrilled to partner with One Tree Planted in this effort and we look forward to a productive year.”
The new program is part of the company’s Kite Cares initiative.