CBRE Releases 15th Annual Corporate Responsibility Report

Rhea-AI Summary

CBRE Group announces its 2021 Corporate Responsibility Report, showcasing its leadership in environmental, social, and governance (ESG) initiatives. Key highlights include a commitment to achieve net-zero carbon emissions by 2040, registration of 5,941 buildings in the ENERGY STAR program, and $20.2 million in global charitable donations. Additionally, the report outlines the completion of 3,235 energy efficiency projects and $2 billion in financing for sustainable projects. The report aligns with the UN Sustainable Development Goals and emphasizes the company’s role in creating positive impacts for stakeholders.

Positive

• Commitment to net-zero carbon emissions by 2040, 10 years ahead of the Paris Agreement timeline.
• Registered 5,941 buildings (346.9 million sq. ft.) in the EPA’s ENERGY STAR program.
• Implemented 3,235 energy efficiency and decarbonization projects.
• Global charitable donations reached $20.2 million, including employee donations.
• Awarded $3.2 billion to small and diverse suppliers.
• Issued $2 billion in financing for sustainable projects through green bonds/notes.
• Achieved a 94% completion rate for unconscious bias executive training.

Negative

• None.

Report highlights impact driven by CBRE across environmental, social and governance issues

DALLAS--(BUSINESS WIRE)-- CBRE’s 2021 Corporate Responsibility Report details the company’s environmental, social and governance (ESG) leadership creating impact on issues important to stakeholders, including investors, clients, employees, partners and communities.

CBRE’s approach to ESG is aligned with the 10 UN Sustainable Development Goals and rooted in the communities where its people live and work. Notable 2021 achievements include:

• Commitment to achieve net-zero carbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement
• Registering and benchmarking 5,941 buildings (346.9 million sq. ft.) to EPA’s ENERGY STAR program
• Implementation of 3,235 energy efficiency and decarbonization projects
• Global charitable donations totaling $20.2 million (including employee donations)
• Awarding $3.2 billion to small and diverse suppliers
• Issuing $2 billion in financing for sustainable projects through green bonds/notes
• 94% completion rate for unconscious bias executive training

“Driving progress on ESG issues not only drives positive outcomes, it’s also a business imperative. Our annual report highlights how we deliver exceptional results for our clients while also focusing on our company’s role in creating positive impacts for people and the planet,” said Bob Sulentic, CBRE’s president and chief executive officer.

CBRE’s 2021 Corporate Responsibility Report was produced in accordance with the Global Reporting Initiative (GRI) Standards, in addition to other reporting frameworks. More information about CBRE’s corporate responsibility programs can be found at www.cbre.com/responsibility.

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 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220526005225/en/

Kathryn Seck

Kathryn.Seck@cbre.com

Source: CBRE Group, Inc.

FAQ

What are the key highlights from CBRE's 2021 Corporate Responsibility Report?

CBRE's 2021 report highlights include a commitment to net-zero carbon emissions by 2040, registration of 5,941 buildings in the ENERGY STAR program, and $20.2 million in charitable donations.

How much did CBRE donate to charities in 2021?

CBRE made global charitable donations totaling $20.2 million in 2021.

What is CBRE's commitment regarding carbon emissions?

CBRE is committed to achieving net-zero carbon emissions by 2040, which is 10 years ahead of the Paris Agreement goal.

How many buildings did CBRE register in the ENERGY STAR program?

CBRE registered 5,941 buildings, totaling 346.9 million square feet, in the EPA’s ENERGY STAR program.

What sustainable financing initiatives did CBRE undertake?

CBRE issued $2 billion in financing for sustainable projects through green bonds and notes.