Minding the gap: BentallGreenOak’s gender parity clarity

The private real estate manager has committed to achieving gender parity by 2030 – after setting a target last year for two-thirds of all new hires to be women or from under-represented communities.

Not content with setting hard recruiting targets, private real estate manager BentallGreenOak is moving on to setting clarity around its gender parity aims. The New York-based manager announced last week it was committing to achieving gender parity by 2030. How will the firm do it? Working with the coalition Paradigm for Parity, its measures include:
  1. Eliminating or minimising unconscious bias in the workplace.
  2. Significantly increasing the number of women in senior operating roles, with the near-term goal of at least 30 percent representation in all leadership groups.
  3. Measuring targets and maintaining accountability by providing regular progress reports.
  4. Basing career progress on business results and performance, rather than physical presence in the office.
  5. Providing sponsors, not just mentors, to women well positioned for long-term success.
The announcement builds on the firm’s hardline recruitment target, set last year, which dictated two-thirds of all new hires at the $69 billion assets under management manager be women or from under-represented communities. You can read affiliate title PERE’s coverage of that measure here.