Amid DEI Backlash, Developer Group Blazes Path Forward
Emerging real estate developers and potential financial backers gathered in Boston this week to make connections, do deals and share strategies to overcome the challenging investment climate.
Emerging real estate developers and potential financial backers gathered in Boston this week to make connections, do deals and share strategies to overcome the challenging investment climate.
The Boston-based bank is bucking a trend among major, publicly-traded companies to back away from DEI and climate change goals.
A self-described “builder,” the outgoing executive director of the Builders of Color Coalition, Colleen Fonseca, is reflecting on how much the group has achieved in three years, and where it still wants to grow.
From chocolate chip to blue chips, Massachusetts business leaders have local and national role models for doing the work needed to authentically live, not hide their corporate values.
For me, and doubtless for many of you, July 4 is a day of mixed emotions. But now is the time to stick your head neck out for equity. Try to repair the hypocrisy in your industry.
In my work with corporate clients, especially in financial services and real estate development, I witness and guide their journey to implement meaningful diversity, equity and inclusion programs and create inclusive cultures in which everyone can feel they belong.
Diversity and inclusion experts say the legal backlash is already having a chilling effect over corporate efforts to address workplace inequality at a time when investment and interest in such initiatives have slowed following the post-Floyd surge.
Corporate leaders beware. These are not one-off actions that affect only academic institutions. They are the latest salvos in an escalating war against a key tool for future corporate success.
The year is going to be another year filled with cultural landmines for companies. But the cost of reversing DEI commitments will be far greater than most companies realize – as much as $5.4 trillion.
A popular ranking of states’ business climates is beginning to put more emphasis on things like reproductive rights, equity and inclusion.
If you’re trying to make change in your organization, fatigue – yours and your coworkers’ – can be a huge obstacle. Here are three ways to help get around that and keep momentum going.
After the Supreme Court’s landmark affirmative action decision, eyes now turn to business leaders to see who will be the first to rein in their DEI. But when they do, their customers and employees will be watching.
It’s sometimes hard for us, residents of the Hub of the Universe, to imagine but our fair city doesn’t necessarily have the best reputation in other parts of the country. But we can all pitch in to help change that narrative when the NAACP’s annual national convention comes to the Boston July 26.
The U.S. Supreme Court may have only struck down colleges’ and universities ability to use affirmative action to make sure their student bodies are more diverse, but the head of the Greater Boston Chamber of Commerce is warning that the ruling could threaten local companies’ efforts to diversify their workforces.
When you ask Martha’s Vineyard Bank CEO James Anthony what becoming a certified B corporation – a designation for firms that work to make the community and the planet better – changed about the bank, the answer may surprise you.
Five Greater Boston cities will train a lens on diversity of development teams as a first step toward elevating minority participation in commercial real estate.
Following criticism that KeyBank has not improved lending to Black homeowners and homebuyers, the bank’s parent company has commissioned a racial equity audit.
Boston Planning & Development Agency Director Arthur Jemison said project approvals won’t be delayed by developers’ disclosures about their diversity strategies, despite the agency’s elevated emphasis on increasing equity in the local commercial real estate industry.
The party that once said it wanted the government to be so small it could be drowned in a bathtub now wants it to be big enough to be everywhere – in libraries, business strategy and uteruses. It’s not future-facing, and it’s not good for business.
All it takes is one person who is willing to provide opportunities for others to learn and grow, and then scale from smaller projects to bigger ones. And developer Ralph Parent and his mentor Merrill Diamond show how success just begets more success.