Nareit’s Diversity Impact Awards recognize REITs that take intentional approaches to implementing, measuring, and scaling innovative social responsibility policies and practices within their companies and across supply chains, ultimately having a positive effect on the communities they serve.

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Nareit Diversity Impact Awards

 

The annual Nareit Diversity Impact Awards celebrate the dedication and progress of REIT member companies advancing a range of social responsibility initiatives.

Changes in 2024

  • New honoree levels: Recognition by company asset size—small cap, mid cap, and large cap REITs; one honoree per category.
  • No individual awards: Eligibility for application is limited to Nareit corporate member REITs. Recognition will be solely attributed to the company, and individual employees will not be recognized.
  • New awards timeline: Recipients are honored at Nareit’s REITworks: Sustainability & Social Responsibility Conference. They also are acknowledged at Nareit’s REITworld: Annual Conference.

The 2024 application is now closed. Applications for the 2025 Diversity Impact Awards will open in spring 2025.

Eligibility
Only Nareit corporate members are eligible to receive the Diversity Impact Award. Any staff member of the company may submit the application, and member companies must be in good standing with Nareit at the time the awards are presented at the REITworks Conference.

Evaluation
For the Diversity Impact Awards, the company application consists of 22 questions—including short answers, yes/no, and multiple choice—focused on organizational structure and policies, workforce development, and procurement practices. Each question is assigned a specific point value, based on a weighted custom score guide. Nareit uses the expertise and guidance of industry and diversity practitioners to evaluate each Diversity Impact Awards application. All applications are independently reviewed and identifying information is redacted.

2024 Diversity Impact Award Honorees

Large Cap – Host Hotels & Resorts, Inc.

Mid Cap – Veris Residential, Inc.

Small Cap – Chatham Lodging Trust

Honorable Mention – Sun Communities

Past award recipients

Questions?
Contact Afia Boone, Nareit vice president for social responsibility and industry affairs, for assistance.