CBL Properties Announces DEI Partnership With Hinton & Company
02 February 2022 - 2:00AM
Business Wire
CBL Properties (NYSE: CBL) today announced that it has partnered
with Hinton & Company on its diversity, equity, inclusion, and
belonging initiatives. Founded by Wade Hinton, Hinton & Company
is a professional services firm that works with organizations like
CBL to create impact through inclusion.
“At CBL we are always working to enhance our company culture. We
are excited to partner with Hinton & Company to help us with
our efforts to champion inclusion and attract, build, and retain a
more diverse team,” said Stephen Lebovitz, chief executive officer,
CBL Properties. “We are also excited to have made additional
progress on our ESG program through this partnership and other
steps we are taking.”
In 2021, CBL launched CBL Community, a team-member-led committee
dedicated to enhancing inclusion, equity, diversity, and belonging
throughout our organization, our properties, and our communities.
Over the last several months, Hinton & Company has coordinated
with CBL leadership to conduct 1:1 interviews, focus groups, and a
company-wide inclusion survey. They are working with CBL Community
and the CBL executive team to develop and help implement a DEI
strategy and roadmap.
"We are excited to partner with CBL Properties on its journey to
become even more inclusive,” added Wade Hinton. “From our
conversations with team members to the creation of CBL Community,
there is widespread positivity about the impact DEI can have on
CBL’s culture, its business, and its shopping centers.”
Additionally, CBL has made significant progress on other key ESG
initiatives, including adopting an enterprise-level ESG policy,
enhancing public ESG reporting and transparency, and formalizing an
ESG Team that reports to and has oversight from the Nominating and
Corporate Governance Committee of the company’s Board of
Directors.
More information about CBL’s commitment to ESG and the company’s
progress on related initiatives can be found on CBL’s website.
About Hinton & Company
With headquarters in Chattanooga, Tennessee, Hinton &
Company is a professional services firm that works with
organizations and teams to operationalize inclusive practices for
long-term impact. With experienced leaders from the private and
public sectors, Hinton provides fractional Chief Diversity Officer
services, capacity assistance for smaller DEI teams, inclusive
leadership development workshops for leadership teams, and custom
strategies for becoming more inclusive.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL’s portfolio is comprised of
99 properties totaling 63.0 million square feet across 24 states,
including 61 high-quality enclosed, outlet and open-air retail
centers and five properties managed for third parties. CBL seeks to
continuously strengthen its company and portfolio through active
management, aggressive leasing, and profitable reinvestment in its
properties. For more information visit cblproperties.com.
CBL_Corp
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version on businesswire.com: https://www.businesswire.com/news/home/20220201005127/en/
Investor Contact: Katie Reinsmidt, EVP & Chief Investment
Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com Media
Contact: Stacey Keating, Vice President, Corporate Communications,
423.490.8361, Stacey.Keating@cblproperties.com
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