2023 Sustainability Report
INTRODUCTION OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS ABOUT THIS REPORT APPENDICES
2023 SUSTAINABILITY REPORT | 42
Our Approach
Talent Attraction, Retention and Development
Occupational Health and Safety Community Engagement
Stories of Progress
Diversity, Equity and Inclusion
Workforce and Talent We seek to develop a diverse workforce that represents the communities in which we work, with representation of historically underrepresented people at every level. We have established a number of practices and goals related to diverse slates in our recruiting process. For roles that report to the executives or their direct reports, we aim to create diverse candidate slates that include women and people of racial/ethnic diversity for all positions in the United States. We have focused on creating opportunities for women at all levels and supporting stronger female representation in leadership roles. We provide work flexibility that addresses work/life balance pressures, including parental leave policies and remote work arrangements. We have made meaningful progress with demonstrable results in increasing gender diversity. Women represent 40% of our global workforce and 43% of our people management positions. We have also succeeded in significantly increasing the representation of women at the senior management and Board levels. At year-end 2023, 47% of our executives were women — up from 41% the previous year — and in 2024, the proportion of women on our Board of Directors reached 75%. In July 2023, as the result of a thoughtful succession plan, Michelle MacKay was named our Chief Executive Officer, the first woman to hold the Chief Executive Officer role of a global commercial real estate firm.
EMPLOYEES BY GENDER (Women)
EMPLOYEES BY GENERATION – 2023
Total Workforce
2022
40%
9.5% Generation Z (26 years old and under)
44.8% Millennials/Gen Y (27 to 42 years old) 13.6% Baby Boomers (59 to 77 years old)
40%
2023
New Hires
41%
2022
31.9% Generation X (43 to 58 years old) 0.2% Silent Generation (78 years and over)
2023
39%
People Managers People Managers
43%
2022
2023 2023
43%
Executives ves
41%
2022
47%
2023
EMPLOYEES BY RACE AND ETHNICITY (U.S. ONLY) – 2023 0.5% Native American or Native Alaskan
Board of DIrectors ors
40%
2022
0.3% Native Hawaiian or Other Pacific Islander
2023
75%
EMPLOYEES BY RACE AND ETHNICITY (U.S. ONLY)
U.S. TOTAL WORKFORCE
PEOPLE MANAGERS EXECUTIVES
BOARD OF DIRECTORS
NEW HIRES
10.6% Black or African American
29.0% Hispanic or Latino 2.2% Two or More Races
3.5% Asian 51.3% White
46% Racially/ethnically diverse
56% Racially/ethnically diverse
28% Racially/ethnically diverse
21% Racially/ethnically diverse
25% Racially/ethnically diverse
2.6% Not Disclosed
*Employee data and executive data is as of December 31, 2023. “Executives” refers to members of our GMT. Board of Directors data is as of the date of publishing this report.
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