DE&I
VERIS EMPLOYEE AWARDS
DE&I Stats
A snapshot of our DE&I efforts.
female management ratio
percentage of portfolio well equity rated
ethnic/racial diversity in leadership
diverse supplier spend ratio
Diversity, Equity & Inclusion
We strive to create living and working environments where everyone can thrive, working with well-reputable industry leaders and validate our progress.
Comprehensive Training
Our employees average 2.8 hours of DE&I training each year.
Resource Groups
Our Women’s Network and Diversity Network are available to employees from historically underrepresented groups.
Pay Equity Assessment
A third-party pay equity assessment measured a 2% equity gender pay gap ratio.
Comprehensive Training
Our employees average 2.8 hours of DE&I training each year.
Resource Groups
Our Women’s Network and Diversity Network are available to employees from historically underrepresented groups.
Pay Equity Assessment
A third-party pay equity assessment measured a 2% equity gender pay gap ratio.
WELL Equity Rating
Veris Residential is proud to be the first company globally to achieve the WELL Equity Rating portfolio wide. Developed by the International WELL Building Institute, the Rating addresses the needs and priorities of the most marginalized populations in workplaces and communities. For Veris Residential, the Well Equity Rating provides an actionable framework to improve access to health and well-being while celebrating diversity and prioritizing inclusivity with our residents and employees. It is an integral part of our DE&I strategy and a visible indication of our commitment to creating places where everyone has an equal opportunity to thrive.
Highlights
Included in 2023 Bloomberg Gender-Equality Index
100% of managed portfolio WELL Equity Rated
53% racially/ethnically diverse across all employees
52% female at management-level and above
24% of operational spend payable to diverse suppliers
Based on data shared in Veris Residential’s ESG Report released June 27, 2023, except where otherwise noted.
Case Studies
See how our DEI initiatives have enhanced our company culture by allowing for deeper understanding and connection.
Our Transformative Approach to DE&I
In December 2021, we rebranded to Veris Residential, establishing a new ethos, with a strategic vision of a more equitable multifamily industry. Veris now integrates DE&I and social considerations into our business strategy and everyday decisions. As part of our transformation, we have strived to diversify our workforce across all levels. The highlights shared above are a reflection of our efforts over the past several years.
Employee Diversity Panels
We recognize our employees and residents who come from historically marginalized backgrounds through numerous initiatives, including celebrating Black History Month, Asian American and Pacific Islander Heritage Month, Pride Month, Hispanic Heritage Month and more. During these observances, we host panels during which employees from these groups candidly discuss their experiences and answer questions from the audience. These conversations raise awareness for the experiences of marginalized populations and open the door for more conscious employee interactions.
Our Transformative Approach to DE&I
In December 2021, we rebranded to Veris Residential, establishing a new ethos, with a strategic vision of a more equitable multifamily industry. Veris now integrates DE&I and social considerations into our business strategy and everyday decisions. As part of our transformation, we have strived to diversify our workforce across all levels. The highlights shared above are a reflection of our efforts over the past several years.
Employee Diversity Panels
We recognize our employees and residents who come from historically marginalized backgrounds through numerous initiatives, including celebrating Black History Month, Asian American and Pacific Islander Heritage Month, Pride Month, Hispanic Heritage Month and more. During these observances, we host panels during which employees from these groups candidly discuss their experiences and answer questions from the audience. These conversations raise awareness for the experiences of marginalized populations and open the door for more conscious employee interactions.
VERIS ASSOCIATES AT TRAINING EVENT
DE&I News & Updates
March 26, 2024
CEO Mahbod Nia on Veris Residential’s Next Phase as Pure-Play Multifamily REIT
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March 4, 2024
Veris Residential Recognized by the International WELL Building Institute
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December 11, 2023
Veris Residential Cultivates More Sustainable, Connected Communities with Alvéole
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November 16, 2023
Nareit Honors Veris with the 2023 Leader in the Light Award in the Residential Sector
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November 16, 2023
Nareit Awards Veris the Bronze 2023 Diversity, Equity & Inclusion Recognition
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November 16, 2023
Veris Residential Recognized as a Leader in ESG, DEI and Corporate Stewardship by Top Real Estate and Business Organizations
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November 6, 2023
Veris Residential Honored by the U.S. Chamber of Commerce Foundation
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August 2, 2023
SVP of Marketing & Communications Nicole Jones on ESG, DEI & Philanthropy
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July 19, 2023
Veris Residential Achieves WELL Equity Rating Across Its Portfolio to Advance DE&I Commitment
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July 12, 2023
SVP of Sustainability & ESG Karen Cusmano on Creating Valuable ESG Reporting
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February 27, 2023
Veris Residential Adds Madison International, Bozzuto Execs as Directors
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February 22, 2023
The RealDeal Covers Veris Residential’s Shift to Multifamily Focus
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February 17, 2023
Anna Malhari Discusses “Sustainable Real Estate Investing” at the CorpGov Forum
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January 30, 2023
Bisnow Talks to Veris Residential’s COO Anna Malhari About the New WELL Equity Rating and Measuring Diversity
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November 14, 2022
Multi-Housing News Covers Veris Residential’s Inclusive Marketing Practices
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October 25, 2022
Veris Residential COO Anna Malhari Named to New Jersey Governor’s Clean Buildings Working Group
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Reports & Policies
We hold ourselves accountable by regularly reporting on progress toward our ESG targets, as well as publishing our policies regulating our adherence to the highest of environmental and ethical standards.
