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CBRE Launches $7+ Million Community Impact Initiative
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CBRE Group, Inc. (NYSE: CBRE) has announced a $7.25 million commitment aimed at addressing climate change, enhancing educational and career opportunities for racially diverse and disadvantaged populations across the U.S., and supporting community initiatives in Dallas. Funded by CBRE and its philanthropic arm, CBRE Foundation, this initiative underscores the company's dedication to community well-being and workforce diversity. CEO Bob Sulentic emphasized that the organization's success relies on broadening its talent pool to include underrepresented demographics in commercial real estate.
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Commitment of $7.25 million to combat climate change and support community development.
Focus on enhancing educational and career opportunities for disadvantaged populations, which may improve workforce diversity.
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Key Focuses Include Climate Change, Education and Workforce Development to Prepare Racially Diverse and Disadvantaged Populations for Real Estate Careers
DALLAS--(BUSINESS WIRE)--
CBRE Group, Inc. (NYSE: CBRE) today announced a $7.25 million commitment to help combat climate change globally, improve educational and career development opportunities for racial minorities and disadvantaged populations across the U.S., and support community betterment efforts in its headquarters city of Dallas.
The community impact initiative reflects CBRE’s strong commitment to helping businesses, people and communities thrive. It is being funded by CBRE and the CBRE Foundation, Inc., the company’s philanthropic arm.
“CBRE thrives when the communities in which we live and work thrive,” said Bob Sulentic, the company’s president and chief executive officer. “That’s why we are fervently committed to playing a larger role in helping to address urgent global issues like slowing the planet’s warming and pressing local issues like ensuring that Dallas’s most disadvantaged young people are given every opportunity to forge healthy, happy and productive lives.”
“CBRE’s success – today and in the future – depends on drawing from the widest possible talent pool, so we have a vested interest in supporting programs across the country that prepare diverse and underrepresented people for flourishing careers in commercial real estate,” Mr. Sulentic added.
Information about the significant financial contributions being made to non-profit organizations can be found here.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
About CBRE Foundation, Inc.
CBRE Foundation, Inc., is a non-profit, public-benefit corporation. The Foundation supports local and global charitable initiatives and oversees the governance and execution of CBRE Cares, CBRE’s corporate philanthropic program. CBRE Foundation is managed by a Board of Directors and Officers, which are both comprised of representatives from CBRE’s business segments and corporate functions.
What is CBRE's recent commitment towards climate change and workforce development?
CBRE announced a $7.25 million commitment to combat climate change and improve educational and career opportunities for disadvantaged populations in the U.S.
How is CBRE supporting diverse populations in real estate careers?
CBRE's initiative focuses on preparing racially diverse and disadvantaged individuals for careers in commercial real estate.
What is the source of funding for CBRE's community impact initiative?
The initiative is funded by CBRE and its philanthropic arm, CBRE Foundation, Inc.
