2017 CORPORATE RESPONSIBILITY REPORT
EXCEPTIONAL PERFORMANCE

Diversity & Inclusion

Incorporating diversity and inclusion into all areas of our workforce and culture is a central aspect of our talent management strategy. We also extend this approach to our community engagement programs. Our workforce reflects the socially diverse urban centers where we operate.

In 2017, Forest City earned international recognition as a leader in gender balance and equal treatment by being named to Equileap’s Gender Equality Global Report and Ranking. We are proud to be the only U.S. REIT to appear on this list, which demonstrates our commitment to upholding inclusive programs and governance practices throughout our organization.

Forest City also participated in a Diversity & Inclusion Organizational Assessment, administered by the Greater Cleveland Partnership Commission on Economic Inclusion. The assessment provided our company leaders with comparative data that we used to benchmark the Diversity & Inclusion performance of our Cleveland headquarters. Using this data, we have set a hiring goal to improve the workforce diversity in our corporate office, which was approved by our executive team.

Forest City strictly forbids discrimination against any applicant or associate based upon the individual’s race, color, creed, religion, sex, gender, age, national origin, ancestry, citizenship status, marital or familial status, sexual orientation, gender identity, gender expression, disability, military status, protected veteran status, genetic information or any other condition or characteristic protected by law. Our anti-discrimination policy applies to all aspects of Forest City’s employment relationship, including, but not limited to recruitment and recruitment advertising, hiring, rates of pay and other compensation, benefits, promotions, transfers, demotions, terminations, reductions in force, training, working conditions, disciplinary actions, and all other terms, conditions or privileges of employment.

Through a companywide electronic tracking system, we record and address any incidents of discrimination that may occur, as well as corrective actions taken. Our HR and Legal teams work together under a formal process to ensure 100 percent of all incidents are resolved in a timely manner.

Associate Gender & Race by Category

  Male Female White Black/
AA
His/
Latin
Asian Haw/
Pac
Amer
In
2 or
more
Not
specified
Exec/Sr Level
Officials & Mgrs
69 7% 21 3% 81 2 1 4 0 0 1 1
First/Mid-lvl
Officials & Mgrs
189 20% 162 27% 276 27 27 11 1 0 9 0
Professionals 132 14% 103 17% 187 18 9 16 0 0 3 1
Technicians 3 0% 0 0% 2 1 0 0 0 0 0 0
Sales Workers 28 3% 55 9% 44 17 10 6 0 0 3 3
Administrative
Support Workers
31 3% 201 33% 125 43 35 12 2 0 14 1
Craft Workers 207 22% 1 0% 97 29 63 7 2 1 7 2
Operatives 5 1% 0 0% 2 2 0 0 0 0 1 0
Laborers & Helpers 128 14% 44 7% 20 54 93 2 0 0 1 0
Service Workers 95 10% 18 3% 21 69 17 4 0 0 2 0
Contracted Police,
Interns,
Temporary Workers
54 6% 5 1% 47 8 3 1 0 0 1 2
Total 941 60.7% 610 39.3% 902 270 258 63 5 1 42 10

Associate Resource Groups

We empower our associates to generate positive change in our communities and workplace by providing opportunities for both career and personal growth. Since 2012, our Associate Resource Groups (ARGs) have supported this effort by providing an inclusive network for associates to collaborate and empower each other.

The program continues to be a popular resource, with hundreds of Forest City associates participating in one or more of the ARGs listed below. Some 2017 highlights of the ARG program include:

  • More than 15 Young Leaders members served as mentors within Ohio Guidestone’s Workforce 360 program, preparing young professionals for the workforce through mock interviews and the creation of polished resumes.
  • Unidos collected over 3,000 items and raised $1,000 during an annual school supply drive, aimed at improving the academic achievement of Hispanic students in Greater Cleveland. Unidos also helped collect winter clothing for more than 120 families forced to move from Puerto Rico to Cleveland in the aftermath of Hurricane Maria.
  • WE LEAD hosted several events throughout the year, including two Connecting Circles sessions in which members could connect with and learn from experienced Forest City women leaders.

Unidos

Unidos, our Hispanic Associate Resource Group, brings associates together to share knowledge, drive innovative solutions and promote cultural awareness of the Hispanic community. Unidos creates educational opportunities, works with the community and brings associates together with pride and purpose. The group offers translations, Hispanic market insight, focus groups and cultural competency, all of which benefit Forest City’s culture and business.

WE LEAD

Forest City’s first ARG, Women’s Excellence in Leadership, Education, Advancement and Development (WE LEAD), has 267 total members representing women at all levels of the company. Members connect with, inspire and engage Forest City’s women with meaningful programming and networking opportunities. WE LEAD’s main objectives are to:

  • develop and leverage the network of Forest City women to improve cross-business knowledge and sharing;
  • integrate their perspective and experiences to support, inform and develop company initiatives; and
  • offer personal and professional development opportunities for women through education, training and sponsorship.

Young Leaders

Established in 2014, the Forest City chapter of the United Way Young Leaders exemplifies our core value of community involvement. Members foster personal and professional growth in our young associates. Young Leaders help create lasting impacts on the community through volunteerism, educational opportunities and networking events. In 2017, Forest City’s 60 Young Leaders amassed a total of 326 volunteer hours and generated a positive economic impact of more than $7,800.

AACCEL

African Americans Connecting and Creating Excellence and Leadership (AACCEL) has members across 12 states. Over the last four years, AACCEL has highlighted the accomplishments of members as it promotes networking and collaboration through meaningful programming and development experiences. AACCEL creates opportunities for associates to gain additional skills and network with colleagues and senior leaders. AACCEL supports Forest City’s recruitment and retention efforts of African Americans, and helps facilitate connections with the community through outreach and support programs.

DEFINITION