Realogy Issues First Annual Corporate Social Responsibility Report
May 11, 2015 // Franchising.com // Madison, N.J. - Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services, today unveiled its first annual Corporate Social Responsibility (CSR) Report. Underscoring an internal company culture rooted in strong business ethics, the 2015 Realogy CSR Report also spotlights the company’s voice on housing issues in Washington, D.C., and showcases its initiatives involving environmental stewardship, diversity and inclusion, community and philanthropy, and the health and wellness of its employees and their loved ones.
“Our commitment to social responsibility is in keeping with how we conduct business,” said Richard A. Smith, Realogy’s chairman, chief executive officer and president. “Contributing to the communities we belong to is an essential part of our business philosophy – not only for our employees, franchisees and independent agents to act as individuals within their communities, but as a collective effort for our business units, our brands and Realogy as a whole serving people and communities around the world.”
The report details the strides that Realogy has made in strengthening a corporate culture built on a foundation of solid business ethics. For the past four consecutive years, Realogy has been recognized by Ethisphere Institute as among the World’s Most Ethical Companies. It was one of just 132 companies selected this year, and the only residential real estate company on the global list.
Realogy has also been vocal in Washington, D.C. representing housing, and working toward the purpose of making homes more affordable so that all Americans can enjoy the sense of community and accomplishment that comes from owning their own home.
Realogy’s focus on conducting business with a sense of environmental stewardship is part of its social responsibility as a global company. Realogy’s newly constructed headquarters facility recently received a LEED Gold certification for the building’s interior and LEED Silver certification for the exterior from the Green Building Certification Institute. In 2014, the company also continued its push to digitize its records, manage recycling efforts efficiently and reduce overall paper use at the company.
Doing business in more than 100 countries, Realogy understands the critical importance of encouraging diverse viewpoints, people and ideas. The CSR report highlights the diversity efforts within its company and across the communities it serves. “The variety of cultures and backgrounds of our employees, franchisees and independent agents strengthen our company as a global leader in real estate and, more importantly, help us to better understand and serve our customers around the world,” said Smith.
At the local level, Realogy’s operating companies and franchise brands are known for the philanthropic practices of their employees, franchisees and independent agents through the breadth of their volunteerism, both through company channels and in their own community service. Through partner charities, the Realogy Charitable Foundation and employee-sponsored initiatives, Realogy’s employees, business units and brands dedicate themselves to serve their communities in meaningful ways. Since its inception 10 years ago, the Realogy Charitable Foundation has raised and donated $25 million to approximately 2,900 charities.
“We are incredibly proud of all the work done by Realogy employees, affiliates and independent agents in making their communities strong and vibrant places to live,” said Smith.
And in return, Realogy looks to serve its employees well. The Company’s award-winning wellness program focuses on ways to help our employees create and sustain their well-being in both mind and body, by emphasizing work/life balance, healthy eating, exercise, financial stability and stress management. Realogy has been accredited in each of the past four years as a CEO Cancer Gold Standard Employer by the CEO Roundtable on Cancer.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, and Sotheby's International Realty®, as well as ZipRealty®, its technology-focused brand. Collectively, Realogy's franchise system members operate approximately 13,500 offices with more than 251,200 independent sales associates conducting business in 105 countries and territories around the world. NRT LLC, Realogy’s company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy’s brands and also provides related residential real estate services. The Company also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, and Title Resource Group, a leading provider of title, settlement and underwriting services. Realogy is headquartered in Madison, New Jersey.
SOURCE Realogy Holdings Corp.