NEW YORK
CBRE Global Investors Earns Accreditation for Achievement of Diversity and Inclusion Standard
16 Dec 2020
"CBRE Global Investors, the global real assets investment management firm, has been accredited with the National Equality Standard (NES), a globally recognized and utilized diversity certification developed by Ernst & Young LLP (EY) in conjunction with the Home Office and the Confederation of British Industry (CBI) in the UK.
The NES, which sets clear equality, diversity and inclusion criteria against which companies are independently assessed, awarded the certification after reviewing CBRE Global Investors’ business practices, policies and procedures against 35 competencies, including external relationships and corporate social responsibility, inclusive leadership and bias, senior-level commitment, pay gap process, mental health and well-being, talent attraction, feedback mechanism and governance.
Chuck Leitner, CEO, CBRE Global Investors, said: “We’re very proud to have earned the National Equality Standard accreditation, an important milestone in our ongoing commitment to being a truly inclusive organization. While diversity and inclusion have long been a focus for our firm, we are further elevating the priority as a strategic pillar of our company to move our business and our culture to the next level. We have used feedback from NES to help inform our global D&I strategy as we continue driving initiatives to create an environment that encourages success for all the people who work at our firm, regardless of gender, ethnicity, race, age, sexual preference or other differentiating characteristics.”
Arun Batra OBE, Partner, EY, commented: “I am delighted that CBRE Global Investors has reached the level of proficiency required to achieve the National Equality Standard accreditation. This is truly a commendable feat given what has been a challenging year for us all. CBRE Global Investors has shown clear dedication and commitment to its diversity and inclusion agenda and, having incorporated a number of our NES recommendations since 2019, continues to strive for equality in the workplace.“
Simon Feeke, Senior Manager, Culture, Diversity & Inclusion, EY, added: “I have been working closely with CBRE Global Investors for a number of years now. The organization’s commitment to diversity and inclusion is fantastic to see. CBRE Global Investors has a clear drive to continually question and challenge themselves and recognizes that with the evolution of diversity and inclusion issues, initiatives and leading practice, the work is never over.”
About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $114.5 billion in assets under management* as of September 30, 2020. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers."
The NES, which sets clear equality, diversity and inclusion criteria against which companies are independently assessed, awarded the certification after reviewing CBRE Global Investors’ business practices, policies and procedures against 35 competencies, including external relationships and corporate social responsibility, inclusive leadership and bias, senior-level commitment, pay gap process, mental health and well-being, talent attraction, feedback mechanism and governance.
Chuck Leitner, CEO, CBRE Global Investors, said: “We’re very proud to have earned the National Equality Standard accreditation, an important milestone in our ongoing commitment to being a truly inclusive organization. While diversity and inclusion have long been a focus for our firm, we are further elevating the priority as a strategic pillar of our company to move our business and our culture to the next level. We have used feedback from NES to help inform our global D&I strategy as we continue driving initiatives to create an environment that encourages success for all the people who work at our firm, regardless of gender, ethnicity, race, age, sexual preference or other differentiating characteristics.”
Arun Batra OBE, Partner, EY, commented: “I am delighted that CBRE Global Investors has reached the level of proficiency required to achieve the National Equality Standard accreditation. This is truly a commendable feat given what has been a challenging year for us all. CBRE Global Investors has shown clear dedication and commitment to its diversity and inclusion agenda and, having incorporated a number of our NES recommendations since 2019, continues to strive for equality in the workplace.“
Simon Feeke, Senior Manager, Culture, Diversity & Inclusion, EY, added: “I have been working closely with CBRE Global Investors for a number of years now. The organization’s commitment to diversity and inclusion is fantastic to see. CBRE Global Investors has a clear drive to continually question and challenge themselves and recognizes that with the evolution of diversity and inclusion issues, initiatives and leading practice, the work is never over.”
About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $114.5 billion in assets under management* as of September 30, 2020. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers."