Company Info

Press Release

Tanger Outlets Issues Second Annual Corporate Responsibility Report

Includes New Goals to Guide Transparent Corporate Responsibility Reporting Moving Forward

Company Release - 12/3/2018 4:30 PM ET

GREENSBORO, N.C., Dec. 3, 2018 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today the release of its 2017 Corporate Responsibility Report. In its second year, the Report continues to focus on Place, Partnerships and People, and demonstrates a new level of transparency by establishing and reporting on goals for each section, which will guide Tanger's corporate responsibility practices, processes and policies moving forward. The Report encompasses topics including environmental sustainability, social impact and governance, demonstrating impact on Tanger's stakeholders, including retailer partners, investors, team members, customers, and community partners. This report spans the 2017 calendar year, ending on December 31.

"I'm proud of all that our team has accomplished in 2017 including the reduction of our electrical use and Greenhouse Gas emissions by nearly 4% each, and the donation of more than 6000 hours of employee time back into our local communities," said Steven B. Tanger, Chief Executive Officer of Tanger Outlets Centers, Inc. " As we look forward it is clear that serving our communities and protecting the environment are not just a social good; they are a competitive advantage. "

Tanger Outlets' reporting process has been guided in part by the foundation, disclosures, and management approach influenced by the Global Reporting Initiative (GRI) Standards. The priorities, indicators and information shared within this report were influenced by Environmental, Social and Governance (ESG) frameworks and relevance to Tanger's vision, Corporate Responsibility Framework and the organization's operations.

To see the report in full please visit http://www.tangeroutlet.com/company/causes. For additional information regarding this report and its contents, please visit our website at www.tangeroutlets.com, or contact sustainability@tangeroutlets.com.

Tanger Outlets. (PRNewsFoto/Tanger Factory Outlet Centers, Inc.)

About Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 44 upscale outlet shopping centers. Tanger's operating properties are located in 22 states coast to coast and in Canada, totaling approximately 15.3 million square feet, leased to over 3,100 stores which are operated by more than 530 different brand name companies. The company has more than 37 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 188 million shoppers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company's website at www.tangeroutlets.com.

Contact: Quentin Pell, Quentin.Pell@tangeroutlets.com

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SOURCE Tanger Factory Outlet Centers, Inc.