SSB Realty, LLC

USA

SSB Realty, LLC is a real estate investment management firm that operates as a subsidiary of State Street Corporation in Massachusetts. The firm focuses on managing and investing in real estate properties, leveraging the expertise and financial backing of its parent company.

CCI Score

-41.93

0.02% April 18

Latest Event

Shelving Board Diversity Goals: A Step Back on Corporate DEI

State Street's decision to shelve board diversity goals, which is likely to influence its subsidiaries including SSB Realty, LLC, has raised concerns over the firm's commitment to diversity and ethical business practices from a progressive standpoint.

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TOADIE

SSB Realty, LLC is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

MAR

03

2025

Shelving Board Diversity Goals: A Step Back on Corporate DEI
-39.49

State Street's decision to shelve board diversity goals, which is likely to influence its subsidiaries including SSB Realty, LLC, has raised concerns over the firm's commitment to diversity and ethical business practices from a progressive standpoint.
-40

Business Practices and Ethical Responsibility

March 18

The decision to drop board diversity targets undermines commitments to inclusive corporate governance and signals a retreat from progressive DEI initiatives. This move, reported by Bloomberg, can be seen as a failure in ethical responsibility, potentially affecting broader business practices and reinforcing a status quo that may align with authoritarian and exploitative corporate behavior.

State Street Shelves Board Diversity Goals Amid DEI Backlash
AUG

06

2024

State Street Penalty Reveals Sanctions Evasion and Regulatory Lapses
-60.60

A $7.45 million OFAC penalty imposed on State Street Bank and Trust Company, along with its subsidiary Charles River Systems, highlights deliberate attempts to circumvent Ukraine/Russia-related sanctions. As SSB Realty, LLC is part of the broader State Street corporate family, this event raises serious concerns about economic collaboration with authoritarian-linked entities and potential regulatory capture.
-70

Economic Collaboration

March 18

State Street’s actions involved altering invoice dates in transactions with sanctioned SSI entities connected to state-controlled banks like VTB and Sberbank. Such practices indicate a willingness to engage in economic collaboration with actors linked to authoritarian regimes, undermining compliance and ethical business norms.

State Street's $7.45MM OFAC Penalty Highlights Importance of Sanctions in M&A Due Diligence
-60

Regulatory Capture

March 18

The delayed voluntary disclosure and deliberate record alterations suggest efforts to sidestep stringent regulatory oversight. This behavior reflects regulatory capture tendencies, further compromising ethical compliance and accountability within the corporate structure.

State Street's $7.45MM OFAC Penalty Highlights Importance of Sanctions in M&A Due Diligence
OCT

01

2023

Corporate Governance - Lobbying Activities
-25.69

The article details State Street's extensive lobbying efforts, including quarterly reporting of expenditures and engagement with policymakers. As SSB Realty, LLC is a subsidiary of State Street Corporation, these activities implicate the firm in corporate political influence that may undermine democratic processes.
-30

Political Contributions and Lobbying Efforts

March 18

The disclosed lobbying activities, including detailed quarterly reports and active participation in political advocacy through State Street's RIGA division, indicate a commitment to influencing public policy in a manner that prioritizes corporate interests. From an anti-fascist perspective, such efforts are seen as a form of corporate complicity in undermining democratic accountability and can facilitate authoritarian practices.

Corporate Governance - Lobbying Activities | State Street Bank and Trust Company