Mack Cali Realty Corporation.
CLI.US | Real estate activities with own or leased property
Mack-Cali Realty Corporation is a real estate investment trust (REIT) that primarily owns, manages, and develops office and multi-family residential properties. The company focuses on properties located in the Northeastern United States, particularly in New Jersey. Mack-Cali leases office space to a...Show More
Better Health for All
0
The company's core business as a real estate investment trust means that many health-specific KPIs are not applicable. For instance, its products and services have no direct health impact
1
, it generates no revenue from harmful health products
2
, and it does not offer health-related products requiring price accessibility or collect health data
3
. While the company engages in diversity, equity, and inclusion initiatives
4
, and has achieved WELL Equity and Health-Safety Ratings
5
, the articles do not provide the specific quantitative data (e.g., percentage of revenue or expenditure) required by the rubric to score KPIs such as health equity programs or preventative health measures. Similarly, evidence of on-site COVID testing
6
lacks the financial or systemic data needed for scoring global health crisis response. Environmental pollution control efforts are explicitly excluded from this ethical value.
Fair Money & Economic Opportunity
0
The company is a real estate investment trust (REIT) and does not offer lending or deposit services to consumers, nor does it provide debt products. Consequently, it has no APR or fee structures to evaluate, no revenue from high-cost financial products, and is not regulated as a lender. The company does not operate financial service access points or generate customer finance data in the context of open banking. Financial planning assistance is offered to employees, not customers. While the company reports resident rent payments to credit bureaus to help build credit, and engages in philanthropic initiatives and public infrastructure funding
1
, specific percentages of users showing credit score improvement or profit reinvested in community finance are not provided. The rent-to-income ratio for residents is approximately 13%.
2
Fair Pay & Worker Respect
0
No evidence available to assess Mack Cali Realty Corporation on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
30
Veris Residential directed 29% of its operational spend to diverse suppliers in 2024.
1
No specific data was provided for fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, or the share of spend on high-risk materials.
Honest & Fair Business
-50
Mack-Cali Realty Corporation's Code of Business Conduct and Ethics, established in 2003, outlines procedures for reporting potential violations, emphasizing confidentiality and no retaliation
1
. The Code also emphasizes compliance with all applicable laws, rules, and regulations, including the Foreign Corrupt Practices Act (FCPA)
2
.
Kind to Animals
0
No evidence available to assess Mack Cali Realty Corporation on Kind to Animals.
No War, No Weapons
0
No evidence available to assess Mack Cali Realty Corporation on No War, No Weapons.
Planet-Friendly Business
-20
The company has 58% of its portfolio green certified, an increase from 42% in 2021.
1
It has exceeded its Scope 1 and 2 emissions reduction target by 2030, achieving over a 50% reduction compared to a 2019 baseline.
2
Energy consumption was reduced by 24% between 2019 and 2022, surpassing its 20% reduction target for 2030.
3
The company has set a 20% water consumption reduction target between 2020 and 2030.
4
The company discloses over 90% of its operational carbon footprint, including Scope 3 emissions.
5
No regulatory actions, violations, fines, or compliance issues are mentioned.
6
Respect for Cultures & Communities
0
No specific quantitative data was found in the provided articles to assess the company against the defined KPIs for Respect for Cultures & Communities. Information regarding formal partnerships, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, complaint resolution times, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous supplier count, cultural site protection, social license, charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural training completion was not explicitly provided with specific numbers, percentages, or outcomes that align with the rubric's thresholds.
1
Safe & Smart Tech
0
No specific, quantitative, or sufficiently detailed qualitative evidence was found in the provided articles for CLI.US (Veris Residential, Inc.) that directly maps to the scoring rubric for any of the 'Safe & Smart Tech' KPIs. While mentions a Chief Information Security Officer (CISO) hired in 2023
1
, the use of the NIST Cybersecurity Framework
2
, regular cybersecurity training for employees
3
, data encryption as a security measure
4
, vulnerability assessments
5
, and third-party technical testing of IT systems
6
, these statements lack the specific metrics (e.g., percentages, frequencies, outcomes) required by the rubric's quantitative thresholds to assign a score. Therefore, all KPIs are omitted.
Zero Waste & Sustainable Products
0
No evidence available to assess Mack Cali Realty Corporation on Zero Waste & Sustainable Products.