INDUS Signs CEO Action Pledge for Diversity & Inclusion and Endorses UN Women’s Empowerment Principles
September 20 2022 - 5:15PM
Business Wire
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the
“Company”), a U.S. based industrial/logistics REIT, announced
that the Company’s President and Chief Executive Officer, Michael
Gamzon, has signed the CEO Action for Diversity & InclusionTM
pledge (the “CEO Action Pledge”) as well as endorsed the United
Nations Women’s Empowerment Principles (“WEPs”). The CEO Action
Pledge is the largest CEO-driven business commitment to elevate
diversity and inclusion in the workplace, and the WEPs are a set of
principles that guide businesses to create an environment that
supports gender equality and women’s empowerment in the workplace
and beyond.
Michael Gamzon, President and Chief Executive Officer of INDUS,
commented, “We believe that promoting an environment that draws
upon our employees’ diverse backgrounds, experiences and
perspectives strengthens our organization and positions us for
greater success. Becoming a signatory to the UN Women’s Empowerment
Principles and CEO Action Pledge reflects our Company’s core values
and commitment to champion diversity, gender equality, and the
rightful advancement of women in the workplace.”
INDUS continues to make strides in its diversity, equity, and
inclusion (“DEI”) efforts. INDUS employees undergo annual training
on unconscious bias, DEI, and anti-discrimination and harassment.
INDUS also has implemented programs to help address the needs of
its diverse workforce including extended paid parental leave for
new, adoptive, and foster parents, tuition reimbursement and
assistance, and wellness reimbursements which can be applied
towards counseling and other emotional support needs.
“I look forward to sharing best practices and learning alongside
other business leaders as a member of these coalitions,” said Mr.
Gamzon. “We are proud of the progress we have made at INDUS to date
and will continue our efforts to advance diversity in our
organization and empower our employees to build a culture that
welcomes and learns from diverse perspectives.”
About INDUS INDUS is a real estate business principally
engaged in developing, acquiring, managing, and leasing
industrial/logistics properties. INDUS owns 39 industrial/logistics
buildings aggregating approximately 5.7 million square feet in
Connecticut, Pennsylvania, North Carolina, South Carolina, and
Florida.
About CEO Action for Diversity & InclusionTM CEO
Action for Diversity & InclusionTM is the largest CEO-driven
business commitment to drive measurable action and meaningful
change in advancing diversity, equity, and inclusion in the
workplace. With over 2,000 CEOs of American-based organizations,
signatories of the coalition receive access to resources and events
to support action and drive progress to advance diversity &
inclusion in the workplace. Learn more by visiting CEOAction.com
and twitter @CEOAction.
About UN Women’s Empowerment Principles The Women’s
Empowerment Principles are a set of seven principles established by
the UN Global Compact and UN Women that offer guidance to
businesses on how to promote gender equality and women’s
empowerment in the workplace, marketplace, and community. Through
joining WEPs, CEOs around the globe commit to gender equality
through implementing programs within their organizations that also
contribute to the Sustainable Development Goals. Learn more by
visiting their website at weps.org.
Forward-Looking Statements: This Press Release includes
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include INDUS’ beliefs and expectations regarding future
events or conditions including, without limitation, statements
regarding INDUS’ diversity and inclusion goals. Although INDUS
believes that its plans, intentions and expectations reflected in
such forward-looking statements are reasonable, it can give no
assurance that such plans, intentions or expectations will be
achieved. The projected information disclosed herein is based on
assumptions and estimates that, while considered reasonable by
INDUS as of the date hereof, are inherently subject to significant
business, economic, competitive and regulatory uncertainties and
contingencies, many of which are beyond the control of INDUS, and
which could cause actual results and events to differ materially
from those expressed or implied in the forward-looking statements.
Other important factors that could affect the outcome of the events
set forth in these statements are described in INDUS’ Securities
and Exchange Commission (“SEC”) filings, including the “Business,”
“Risk Factors” and “Forward-Looking Statements” sections in INDUS’
Annual Report on Form 10-K for the year ended December 31, 2021,
filed with the SEC on March 11, 2022, as updated by other filings
with the SEC. INDUS disclaims any obligation to update any
forward-looking statements as a result of developments occurring
after the date of this press release except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220920006151/en/
Ashley Pizzo Vice President, Capital Markets &
IR (212) 218-7914 apizzo@indusrt.com Jon
Clark Executive Vice President, Chief Financial Officer
(860) 286-2419 jclark@indusrt.com
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