Tishman Speyer

New York
Diversified Financials, Real Estate

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Tishman Speyer often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Tishman Speyer occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled 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

Tishman Speyer integrates ESG into all of its business practices. It “is committed to Responsible Investment, which [it] define[s] as the integration of environmental, social, and governance (“ESG”) considerations throughout [its] business” (1)(2). The company prioritizes diversity in its supply chain (3). Tishman Speyer is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (4)(5). However, it has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (6).

Criteria

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

Risk Level
Rationale

Tishman Speyer does not appear to discriminate against charitable organizations based on views or beliefs (1).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

Tishman Speyer protects its employees against viewpoint discrimination (1). Tishman Speyer participated in unconscious bias and awareness training activities (2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Tishman Speyer CEO Rob Speyer is a member of the Business Roundtable and signed the 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (1). The company is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly (2)(3)(4).

Criteria

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

Risk Level
Rationale

Tishman Speyer hosted a Happy Hour in honor of LGBTQ Pride Month to show its support for the LGBTQ community (1). The company is a corporate partner of the NGLCC (2). Otherwise, there are no publicly known cases of Tishman Speyer using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Tishman Speyer does not operate a PAC or report on its lobbying at this time (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

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