INDUS Signs CEO Action Pledge for Diversity & Inclusion and Endorses UN Women’s Empowerment Principles

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INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a US-based industrial/logistics REIT, announced that the Company’s President and Chief Executive Officer, Michael Gamzon, has signed the CEO Action for Diversity & InclusionTM pledge (the “CEO Action Pledge”) and the Women’s United Nations Empowerment Principles (“WEPs”). The CEO Action Pledge is the largest CEO-driven corporate commitment to promoting diversity and inclusion in the workplace, and the WEPs are a set of principles that guide companies to create an environment that promotes gender equality and the empowerment of women supported in the workplace and beyond.

Michael Gamzon, President and Chief Executive Officer of INDUS, commented, “We believe that fostering an environment that draws on the diverse backgrounds, experiences and perspectives of our employees strengthens our organization and positions us for even greater success. Becoming a signatory to the UN Women’s Empowerment Principles and CEO Action Pledge reflects our company’s core values ​​and commitment to promoting diversity, gender equality and the legitimate advancement of women in the workplace.”

INDUS continues to make progress in its Diversity, Equity and Inclusion (“DEI”) efforts. INDUS employees are trained annually on unconscious bias, DEI, and anti-discrimination and harassment. INDUS has also implemented programs to meet the needs of its diverse workforce, including extended paid parental leave for new, adoptive and foster parents, reimbursements for tuition and support, and reimbursements for wellness that can be used for counseling and other emotional support needs.

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“I look forward to being a member of these coalitions to share best practices and learn alongside other leaders,” said Mr. Gamzon. “We are proud of the progress we have made at INDUS to date and will continue our efforts to drive diversity within our organization and empower our employees to build a culture that welcomes and learns from diverse perspectives.”


INDUS is a real estate company primarily engaged in the development, acquisition, management and leasing of industrial/logistics real estate. INDUS owns 39 industrial/logistics buildings totaling approximately 5.7 million square feet in Connecticut, Pennsylvania, North Carolina, South Carolina and Florida.

About CEO Action for Diversity & InclusionTM

CEO Action for Diversity & InclusionTM is the largest corporate commitment driven by CEOs to drive measurable action and meaningful change in promoting diversity, equity and inclusion in the workplace. With over 2,000 CEOs from US-based organizations, coalition signatories will have access to resources and events to support action and drive progress in promoting diversity and inclusion in the workplace. Learn more at and tweet @CEOAction.

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About the UN Women’s Empowerment Principles

The Women’s Empowerment Principles are a set of seven principles established by the UN Global Compact and UN Women to provide guidance to businesses on how to promote gender equality and the empowerment of women in the workplace, marketplace and society be able. By joining WEPs, CEOs around the world are committing to gender equality by implementing programs in their organizations that also contribute to the Sustainable Development Goals. Learn more by visiting their website at

Forward-looking statements:

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect INDUS’ beliefs and expectations regarding future events or conditions, including, but not limited to, statements regarding INDUS’ diversity and inclusion goals. Although INDUS believes that its plans, intentions and expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such plans, intentions or expectations will be achieved. The forward-looking information disclosed herein is based on assumptions and estimates that, while believed to be reasonable by INDUS as of the date of this disclosure, are inherently subject to significant business, economic, competitive and regulatory uncertainties and contingencies, many of which are beyond INDUS’ control . and which could cause actual results and events to differ materially from those expressed or implied by the forward-looking statements. Other important factors that could affect the outcome of the events discussed in these statements are described in INDUS’ filings with the Securities and Exchange Commission (“SEC”), including the “Business”, “Risk Factors” and “Forward-Looking Statements” sections “. in INDUS’ Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 11, 2022 as updated by other filings with the SEC. INDUS disclaims any obligation to update any forward-looking statement to reflect developments after the date of this press release, except as required by law.

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Ashley Pizza

Vice President, Capital Markets & IR

(212) 218-7914

[email protected]

Jon Clark

Executive Vice President, Chief Financial Officer

(860) 286-2419

[email protected]

Source: INDUS Realty Trust, Inc.

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