Diversity, Equity & Inclusion at Madison
Madison International Realty is committed to creating a welcoming, inclusive, and sustainable community that values and respects all individuals. It is not enough to simply acknowledge that diversity and diverse backgrounds exist, but to also help ensure that initiatives consider how all communities will be represented and affected to be inclusive. It is also crucial to examine various perspectives and mindsets involved in various decision-making processes. Madison’s principled approach to diversity, equity, and inclusion seeks to raise awareness and elevate standards through routine engagement with employees and other key stakeholders.
EQUAL EMPLOYMENT OPPORTUNITY
Madison will provide equal employment opportunity to all employees and applicants for employment. No employee or potential employee will be discriminated against in hiring or employment because of sex, national origin, religion, creed, color, age, disability, predisposing genetic characteristics, sexual orientation, gender identity, marital or partnership status, status as a victim of domestic or sexual violence or stalking, criminal convictions (with limitations), arrest record, pregnancy, military or veteran status, alienage or citizenship status, or any other basis protected by applicable federal, state or local law.
Total Workforce DEI Metrics
As of December 31, 2023.
Senior Management DEI Metrics
As of December 31, 2023.
Madison commits to the following practices to advance DEI goals and outcomes:
- Requesting, where available, DEI policies of Madison’s sponsor companies in the due diligence process and during ongoing asset management.
- Engaging in conversations through professional networks related to DEI goals and practices, while also serving in an educative function, both for internal and external stakeholders. This includes providing networking and educational opportunities to assist our staff, investors, vendors and partners.
- Conducting ongoing research about best practices and evaluating against current practices through formalized and informal discussions.
- Providing transparency about progress and goals via disclosures and information made publicly available.
- Annual ESG sponsor engagement to request data, including DEI metrics covering gender and race
- As part of Madison’s investment governance programs, DEI considerations are taken into account when assigning board member responsibilities.
- Madison actively engages with diverse student populations through campus outreach, including HBCUs
- Madison Employee Resource Groups, such as Future Generation of Madison and Women of Madison, play a pivotal role in creating a sense of belonging for employees from different backgrounds, fostering collaboration and understanding
- Partnership with industrywide programs focused on the expansion junior level talent pipeline programs such as Project Destined
- Engagement with community partners and focused mandates with recruitment agents
- NAREIM (National Association of Real Estate Investment Managers) membership/participation
- IDAC (Investment Diversity Advisory Council) membership and sponsorship
- ILPA, Diversity in Action Initiative
- CEO Action for Diversity & Inclusion
- Real Estate Women Executives
- WIRE (Women in Real Estate) membership
- NYNJMSDC (New York & New Jersey Minority Supplier Development Council) membership
- ULI (Urban Land Institute) membership
- SEO (Sponsors for Educational Opportunity) partnership
- PREA (Pension Real Estate Association) Foundation Board member
- Robert Toigo Foundation participation
- Through regular engagement surveys, Madison assesses the effectiveness of our DEI initiatives, seeking feedback from employees to continuously improve our practices. Embracing diversity, promoting equity, and championing inclusion are integral components of Madison’s organizational culture, and we are dedicated to ongoing effort.
- Annual participation in NAREIM DEI Studies administered by 3rd party organization, Ferguson Partners.
Madison’s DEI program is a comprehensive and dynamic framework that underscores our commitment to fostering an inclusive environment across various aspects of our organization. We track and report DEI metrics and goals annually in our Corporate Responsibility Report and Diversity, Equity and Inclusion Policy as a commitment to transparency.
NEW HIRE DEI METRICS
As of December 31, 2023.
