Federal Realty Investment Trust Responses to 2020 Racial Tensions
Challenge
Responding to the social injustices and racial tensions.
Actions
A personal message from our CEO was sent to all employees. It was also decided that we will do our part as an organization to focus on making this society better than it is right now. The initial action taken was researching groups that are working hard to effectuate change in these areas and doing our part to contribute to their abilities to effectively incorporate change. Our CEO made an initial financial contribution to one of three organizations highlighted and encouraged employees to do the same and Federal matched the contributions made by employees to one of the three organizations selected. We are also in the initial phases of incorporating an unconscious bias training for our leadership team and we plan to provide training to all employees on this subject area and making this training an ongoing initiative. Lastly, as part of our training offerings, we will be providing and encouraging the participation of employees in workplace diversity training.
Outcomes
More to come on the outcome of these training initiatives.
Contact
Dawn Becker, Executive Vice President - General Counsel
Laura Houser, Director, Human Resources
Quote
Diversity is and always has been important at Federal. The diversity of thought and perspective that comes from different life experiences is what fuels the innovation that is a core value of the company. We have a track record that goes back more than 20 years of having a diverse Board and senior management team which today includes 5 women and one African American. We acknowledge more can be done. And Federal is committed to being more purposeful by continuing to improve on that diversity throughout all levels of our
company.