At Forest City, we dedicate ourselves to the responsible development and ownership of our portfolio.
Our associates work tirelessly with stakeholders at our properties to make a positive impact and enhance the quality of life within each community where we operate. We actively seek to enter into long-term partnerships with communities to enhance the positive impact our properties have on the local economy and to make our neighborhoods socially diverse and attractive places to live, work and shop.
We are proud to present our fourth annual Corporate Responsibility
report detailing Forest City’s activities and progress between January 2015 and December 2015. This report is published in accordance with the Global Reporting Initiative (GRI) G4 Core option guidelines. Report data covers Forest City’s owned and operated properties in the United States, unless otherwise noted.
We collected this report's content by engaging with key stakeholders both inside and outside our organization. We also utilized industry and peer benchmarking, public ratings and rankings and direct feedback from our investors.
For more information about this report or corporate responsibility at Forest City, please contact us at firstname.lastname@example.org
Corporate Responsibility Policies
At Forest City, we value a high-performance, inclusive culture. We aim to create a working environment where all associates are treated with respect and fairness. This is reflected in our policies and procedures, including our Associate Guidebook and Code of Legal and Ethical Conduct.
Diversity and inclusion
At Forest City, we do more than develop, own, and manage real estate. We create exceptional places where people live, work, and enjoy life together. We believe that high-quality communities have the power to enrich lives. And we believe that diversity and inclusion are critical to that experience. We understand that each community is unique and seek local partners who best understand the needs of their community.
Within our own Forest City community, we embrace and value diverse individuals, opinions, cultures, and abilities and actively seek them out. We believe that by working collaboratively, we can leverage the unique talents, skills, experiences, and perspectives of our associates, business and civic partners, and end-use consumers to drive success, create a competitive edge and add shareholder value.
Equal employment opportunity
Forest City is committed in policy and practice to providing equal employment opportunities for all applicants and associates, based upon their training, experience and overall qualifications. Consistent with this commitment, discrimination against an 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 is strictly prohibited.
Anti-discrimination and anti-harassment policy
Forest City is committed in policy and practice to providing a work environment that is free of unlawful discrimination and harassment. Forest City expects all associates to treat one another with courtesy, consideration, and professionalism. The company will not tolerate discrimination or harassment of any form directed toward fellow associates, customers, vendors, or the general public on the basis of an 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, veteran status, genetic information, or any other condition or characteristic protected by law.
Professional training and development
Our Core Value of Sustainability and Stewardship calls on us to invest in the growth, development and well-being of our associates. This helps our associates reach their full potential, while also ensuring that we are able to attract and retain exceptional associates.
Forest City’s performance planning process encourages associates and their managers to have performance-related conversations throughout the year, and the company’s performance management tool and process ensures associates receive feedback on performance in relation to their manager’s expectations.
Our Core Value of Integrity & Openness calls on each of our associates to uphold the highest possible standards of ethical behavior, characterized by openness, candor, and honesty.
Each year, all associates are required to read and acknowledge our Code of Legal and Ethical Conduct, which covers the following topics: shared responsibility, customer and supplier relations, confidential information, conflicts of interest, gifts and bribes, political contributions, control and use of assets, record keeping, corporate opportunities and fair dealing, travel and entertainment, lobbying, reporting of potentially dangerous conditions, discrimination and harassment, indirect activities, competitors, interpretation of code, compliance with code and law, violations of code or law, investigations, reporting and financial Matters.
To ensure that all associates read, understand and acknowledge the code every year, Forest City’s Human Resources, Legal and Communications teams have implemented an educational program, which also helps associates interpret the policies and apply them to situations associates may encounter in the workplace.
Exposure to bribery and corruption
Our Code of Legal and Ethical Conduct provides clear guidelines around bribery and corruption and has mechanisms in place for associates to submit their questions or possible concerns.
Our policy dictates that no bribe, kickback or other improper payment or promise of same shall be authorized, approved or made, directly or indirectly, by or on behalf of Forest City in connection with its business.
In addition, Forest City associates and their family members must not offer, give, or accept a cash gift under any circumstances. This strict policy is also includes stringent guidelines around the offering or acceptance of non-cash or in-kind gifts or entertainment, which provides that such gifts or entertainment must be infrequent, consistent with customary business practices, does not create the appearance of preferential treatment, among others.
Forest City maintains a call-in service that may be used 24 hours a day to anonymously report behaviors or activities suspect associates suspect may violate Forest City’s policies or practices, or federal, state, or local regulations. The hotline provider forwards all reports to the offices of the General Counsel and Human Resources. Forest City investigates each report as quickly as reasonably possible and will take appropriate action. Behaviors or activities that must be reported include, but are not limited to: conflict of interest; fraudulent transactions; health/safety laws; thefts, bribes, kickbacks; environmental laws; harassment/discrimination; potential criminal violations; and disclosure of confidential information.