NAREIT - National Association of Real Estate Investment Trusts Inc.

09/11/2024 | Press release | Distributed by Public on 09/11/2024 10:07

Nareit Announces Recipients of Diversity Impact Awards

09/11/2024 | by
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WASHINGTON, D.C. (Sept. 11, 2024) - Nareit presented the sixth annual Diversity Impact Awards at REITworks: 2024 Sustainability & Social Responsibility Conference in McLean, VA. These awards recognize Nareit member companies that are implementing, measuring, and expanding impactful policies and practices that create opportunities for all employees and business partners within their companies and supply chains.

The 2024 Diversity Impact Award recipients are:

  • Large Cap: Host Hotels & Resorts, Inc. (Nasdaq: HST)
  • Mid Cap: Veris Residential, Inc. (NYSE: VRE)
  • Small Cap: Chatham Lodging Trust (NYSE: CLDT)
  • Honorable Mention:Sun Communities, Inc. (NYSE: SUI)

"We are thrilled to recognize our members that are leading the way forward, and that are underscoring, through their actions, the fundamental role that all facets of social responsibility play in the success of our workplaces, businesses, and communities," said Nareit President & CEO Steven A. Wechsler. "We look forward to seeing our industry continue to evolve and improve throughout the years to come."

The winners of Nareit's Diversity Impact Awards are selected in an anonymized evaluation by a panel of expert judges who work outside the REIT industry. The 2024 judges reviewed and evaluated applications from companies based on their social responsibility programs, recent accomplishments, reporting metrics, and other factors. This year's panel of judges included:

  • Carolyn Carter-Singh, Horace Street Consulting
  • Iris Drayton-Spann, Stanton Chase
  • Shanta Eaden, Leader's Edge Consulting
  • Bonnie Gottlieb, Consultant
  • Larry Krema, ZRG Partners, LLC
  • Debrah Joy Perez, United States Pharmacopeia
  • Stacy Roberts, SMR Leadership Solutions
  • Victor Simmons, Victorious Endeavors Consulting

"These awards mark our members' notable strides towards progress, though our journey is far from complete," said Nareit Senior Vice President of Social Responsibility & Global Affairs Ayris T. Scales. "Nareit is committed to giving members a wide range of resources to help them consistently prioritize social responsibility and to devise innovative approaches to meet the ever-changing needs of their businesses and communities with an inclusive lens. These awards serve as a platform to commend the commitments already made and to galvanize our industry toward making ongoing progress and improvement."

Visit Nareit's site, REIT.com, to learn more about its Diversity Impact Awards.

Read more news about:

Companies:

Company name
Host Hotels & Resorts, Inc.
Lodging/Resorts
1 Year Total Return
10.31% As of market close 09/10/2024
Stock price
$16.77
Company name
Veris Residential, Inc.
Residential
1 Year Total Return
-1.93% As of market close 09/10/2024
Stock price
$17.37
Company name
Chatham Lodging Trust
Lodging/Resorts
1 Year Total Return
-14.56% As of market close 09/10/2024
Stock price
$8.17
Company name
Sun Communities, Inc.
Residential
1 Year Total Return
22.60% As of market close 09/10/2024
Stock price
$141.40

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