Newmark Group

Apartment Realty Advisors, Berkeley Point, Cincinnati Commercial Real Estate
New York
Real Estate

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Newmark Group, a commercial real estate advisory firm, has not publicly terminated business relationships based on views or beliefs. By complying with Human Rights Campaign’s controversial demands, Newmark Group increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. The company does not provide viewpoint protections for its employees. Newmark Group provides leadership training including unconscious bias for its managers. The company supports ESG in its business practices and prioritizes diversity in its supply chain. However, the company does not appear to discriminate against religious organizations in its charitable giving and has not used corporate funds for ideological purposes. For these reasons, Newmark Group receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Newmark Group received a score of 65 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). However, Newmark Group has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. Newmark Group prioritizes diversity in its supply chain (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Newmark Group’s HRC CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). Newmark Group does not appear to discriminate against religious organizations in its charitable giving (3).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Newmark Group does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Newmark Group provides leadership training including unconscious bias to its managers (1). The company supports ESG in its business practices, employing a Vice President of ESG. From its ESG Page: “We believe that our environmental, social and governance (“ESG”) policies and practices will create sustainable long-term value for Newmark, our stockholders and other stakeholders” (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Newmark Group’s HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging (1)(2). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. Newmark Group has not used corporate funds to advance ideological causes, organizations, or policies (3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Newmark Group does not operate a PAC or engage in lobbying at this time (1)(2).

All links were last accessed and all information was updated on:
January 10, 2024

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