BentallGreenOak Joins Paradigm for Parity® Movement to Address Gender Parity in Corporate Leadership Positions
New York - (October 12, 2021) — Today, BentallGreenOak (BGO), in partnership with the Paradigm for Parity® coalition, announced its commitment to achieving gender parity throughout its corporate leadership structure by 2030. This commitment represents BGO's next, significant step toward prioritizing diversity, equity, and inclusion and making it central to the firm's mission and culture.
"We are proud to partner with the Paradigm for Parity® movement and work towards fully addressing both the gender imbalance and inequity prevalent throughout our industry in corporate leadership positions," said Amy Price, president of BentallGreenOak. "We must demonstrate our willingness to lead the way with definitive action, and through our implementation of the Paradigm for Parity® Action Plan, BGO is making its intentions clear. We look forward to learning from the coalition of companies that have joined this movement to create pathways towards gender-balanced leadership teams that will be poised to deliver stronger, more well-informed decisions on behalf of our clients."
"The Paradigm for Parity® coalition is proud to welcome BentallGreenOak to our 135 companies that are committed to closing the corporate leadership gender gap," said Sandra Quince, CEO, Paradigm for Parity®. "With the Paradigm for Parity® Toolkit and our 5-Point Action Plan, companies like BGO are able to accelerate the advancement of women of all races, cultures and backgrounds into leadership positions. We applaud BGO for making diversity, equity and inclusion central to its mission, and we are proud to work with BGO to catalyze this culture change and achieve gender parity in corporate leadership."
BentallGreenOak has committed to:
- Eliminating or minimizing unconscious bias in the workplace;
- Significantly increase the number of women in senior operating roles, with the near-term goal of at least 30% representation in all leadership groups;
- Measuring targets and maintaining accountability by providing regular progress reports;
- Basing career progress on business results and performance, rather than physical presence in the office; and
- Providing sponsors, not just mentors, to women well positioned for long term success.
Click here to learn more about the Paradigm for Parity® coalition and become a part of the movement.
BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with approximately $69 billion USD of assets under management (as of June 30, 2021) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BentallGreenOak has offices in 24 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BentallGreenOak is a part of SLC Management, which is the alternatives asset management business of Sun Life.
The assets under management shown above includes real estate equity and mortgage investments managed by the BentallGreenOak group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.
For more information, please visit www.bentallgreenoak.com
About the Paradigm for Parity® Movement
The Paradigm for Parity® coalition is comprised of CEOs, senior executives, founders, board members and business academics who are committed to achieving a new norm in corporate leadership: one in which women and men have equal power, status, and opportunity.
The coalition created the Paradigm for Parity® 5-Point Action Plan for corporations to accelerate the pace of gender equity in senior executive roles. This unique agenda defines bold and specific actions that, taken together and simultaneously implemented as a package, will catalyze change and enable today's business executives to secure the best leaders of tomorrow. Visit www.paradigm4parity.com or follow us on Twitter using @p4parity to learn more about this exciting initiative.
Global Head of Communications, BentallGreenOak