Seramount (formerly Working Mother Media) unveiled its annual Inclusion Index today, to which Bozzuto was named for the fourth consecutive year. The Inclusion Index helps organizations understand trends and opportunities in demographic representation, creates a road map to drive internal change and identifies diversity, equity and inclusion (DEI) solutions to close any gaps.
Bozzuto was among 54 organizations recognized for creating an inclusive workplace, receiving a 60 percent or higher score. This year, 175 organizations applied to participate in Seramount’s 2022 Inclusion Index. Organizations provided data and were measured in three key areas: best practices in the recruitment, retention, and advancement of people from underrepresented groups—women, racial/ethnic minorities, people with disabilities, and LGBTQ+ people; inclusive corporate culture, including leadership accountability; and demographic diversity for women and racial/ethnic minorities.
“Being named to the Inclusion Index is a tremendous honor and one of which I am immensely proud. Diversity, equity and inclusion – and most importantly, belonging – have always been at the forefront of everything we do at Bozzuto,” said President and CEO Toby Bozzuto.
Completed applications were collected online from December 2021 through March 2022. Results reveal opportunities for all organizations to target their diversity and inclusion efforts for greater effectiveness.
“We are pleased to see corporations continue to focus on their DEI efforts’ effectiveness by evaluating their accountability measures through precise metrics that pinpoint any challenges and create opportunities for next steps,” says Katie Oertli Mooney, Managing Director of Diversity Best Practices at Seramount.
Key findings from the 2022 Seramount Inclusion Index are:
- Recruitment, retention, and advancement: Eighty-eight percent of companies provide learning and development opportunities specifically for employee resource group (ERG) leaders (compared with 83 percent of the 2021 Index companies); fifty-four percent factor ERG leadership positions into succession planning (compared with 52 percent of the 2021 Index companies).
- Inclusive corporate culture: Eighty-nine percent of companies provide anti-racism training (compared with 73 percent of the 2021 Index companies); ninety percent of companies set percentage goals for diverse representation (compared with 88 percent of the 2021 Index companies); sixty-seven percent of companies compensate for DEI results (compared with 57 percent of the 2021 Index companies); and 97 percent have formal supplier diversity programs (compared with 92 percent of the 2021 Index companies).
Bozzuto is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.
Since their founding in 1988, Bozzuto has developed, acquired, and built more than 50,000 homes and apartments. Celebrating 34 years of creating sanctuary for their residents, Bozzuto currently manages 90,000 apartments and 3.5 million square feet of retail space across the U.S., with 7 million square feet currently under construction. www.bozzuto.com
Seramount, part of EAB, is a strategic professional services and research firm dedicated to advancing diversity, equity, and inclusion (DEI) in the workplace. For over four decades we have partnered with 450 of the most iconic companies in the world. This has allowed us to build a deep, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount provides best practice research, leadership skill-building, expert advisory and custom research, and implementation tools to DEI leaders within the organizations it serves. We meet each partner’s needs no matter where they are on their journey and guide them along an ever-changing talent landscape. Learn more at seramount.com.