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"At Forest City, our shared commitment to corporate responsibility is rooted in our core values and brought to life by our talented associates, who work every day to serve our residents, guests, tenants, partners and communities," said
The 2014 CSR report details Forest City's efforts to expand stakeholder engagement and strengthen its governance and performance as it continues to own, develop and manage apartments, retail, office and mixed-use properties.
Among the company's notable achievements in 2014 was the formation of a
In addition, Forest City's corporate and property management teams achieved significant reductions in both energy consumption (8.9 percent) and greenhouse gas emissions (10.5 percent) across the company's comparable portfolio.
Other 2014 highlights include:
- Developing an enterprise-wide procurement strategy with CSR criteria
- Adding two new associate resource groups: United Way Young Leaders, a skills-based volunteering group, and Unidos, a Hispanic associate group
Gay Games9, an international sporting and cultural event, through direct financial support, associate volunteering and in-kind donations as a platinum sponsor
- Ranking as a Top Workplace in
Cleveland, rising from 18th to 11th in the category of large employers with more than 500 local employees
- Participating in the Global Real Estate Sustainability Benchmark (GRESB), an industry-driven organization committed to assessing the sustainability performance of real estate portfolios around the globe.
To learn more and read the entire report, please visit csr.forestcity.net.
About Forest City
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/forest-city-publishes-2014-corporate-social-responsibility-report-300154400.html
At the Company: Jeff Frericks, Vice President - Capital Markets, 216-621-6060; Jeff Linton, Senior Vice President - Corporate Communication, 216-621-6060; Jill Ziegler, Director - Sustainability and Corporate Responsibility, 216-592-1310