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SEAM

Objective · SJ01

Concept SJ Equity + Inclusion in Procurement

Integrate equitable and inclusive procurement strategies to expand opportunities in commercial real estate.

5 activities

There are many ways to address fairness and inclusion in commercial real estate procurement. SEAM Activities focus on ways that intersect directly with the commercial real estate industry's procurement processes.

Through Equity + Inclusion objectives for suppliers, the SEAM Standard acknowledges economic disparities that historically underserved communities face. Encouraging Tier 1 Suppliers to integrate inclusive principles aims to support broader access to procurement opportunities, ensuring that positive social impacts extend beyond direct interactions and into the supply chain.

The goal of addressing procurement and leasing processes is to promote social responsibility across commercial real estate operations. This comprehensive strategy recognizes the need to approach social responsibility from multiple fronts to achieve lasting impact.

We must correctly use lagging indicators, such as the percentage of diversity in project teams, not as compliance targets but as tools to assess the effectiveness of efforts to implement the principles that lead to those outcomes. Diversity percentages in project teams are used as indicators of inclusion efforts, not as compliance targets or mandates. The focus of SEAM Activities is on leading indicators—proactive measures that signal potential future results—by measuring the implementation of principles that lead to greater access and opportunity.

This proactive stance ensures that every actor in the procurement processes, from Suppliers to Tenants, aligns with a shared vision of social responsibility. In doing so, it positions commercial real estate not just as a space provider but as a catalyst for community growth, economic opportunity, and sustainable business practices.

Activities

SEAM Standard v1.1

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