ESG Governance at Newmark
Leadership and Board
Our Board of Directors and management value the opportunity to engage with our investors and gain insight year-round on their views on a broad range of topics, including our strategy, financial performance, executive compensation, corporate governance, human capital management, including diversity and inclusion, and environmental and social goals. Feedback from investors informs the Board’s ongoing review of governance and compensation matters.
Board-level ESG Committee
In November 2020, we established a Board-level ESG Committee to provide oversight with respect to our ESG policies and practices. The ESG Committee Charter may be found on our website under the heading “ESG Governance.” With the Board’s and the ESG Committee’s oversight, we are embedding social and human capital, employment, environmental, sustainability, charitable and corporate governance policies and practices into our corporate strategy, compensation, disclosure and other goals to maintain and advance long-term value for our investors.
ESG Executive Committee and Champions Council
Newmark supports sustainable business practices and is focused on the steps necessary to continually advance our sustainability program, both internally and for our clients. Our Executive ESG Committee, comprised of key Company executives, provides direction for Newmark’s ESG progress and initiatives. Our ESG Champions Council, made up of hand-selected cross-organizational leaders, ensures input and incorporation across all lines of our business.
Corporate Governance Policies and Practices
Our commitment to good corporate governance policies and practices is demonstrated by our Corporate Governance Guidelines, our rigorous Code of Business Conduct and Ethics (the “Code of Ethics”), the charters of the Audit Committee, Compensation Committee and ESG Committee of our Board and our other corporate governance policies and practices.