Kimco Realty Corp (KIM) has disclosed a new risk, in the Accounting & Financial Operations category.
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Kimco Realty Corp faces significant risks and costs associated with sustainability and corporate responsibility disclosures and initiatives, which are increasingly scrutinized by investors and other stakeholders. The company has adopted goals for greenhouse gas emissions reduction and other sustainability efforts, but failing to meet these goals fully or on time could harm its reputation. The methodologies for corporate responsibility initiatives are complex and evolving, leading to potential misinterpretation or misalignment with stakeholder expectations, which could result in reputational damage and increased costs. Additionally, the growing regulatory landscape around sustainability matters may intensify compliance costs and scrutiny, potentially impacting Kimco Realty Corp’s financial condition and operations.
Overall, Wall Street has a Moderate Buy consensus rating on KIM stock based on 4 Buys and 10 Holds.
To learn more about Kimco Realty Corp’s risk factors, click here.
