Colliers releases first Global Impact Report

Rhea-AI Summary

Colliers (NASDAQ, TSX: CIGI) announced the launch of its first annual Global Impact Report, emphasizing its commitment to environmental, social, and corporate governance (ESG) practices. The report highlights initiatives addressing environmental sustainability, community engagement, and ethical corporate governance. CEO Jay Hennick expressed the importance of these themes in shaping the company's operations and future. Colliers plans to conduct a materiality assessment to develop a comprehensive ESG strategy with measurable targets, aiming to create transformative change for clients and communities.

Positive

• Launch of the first Global Impact Report showcasing ESG commitment.
• Focus on environmental sustainability, community engagement, and corporate governance.
• Plans for a comprehensive ESG strategy with measurable targets.

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• None.

Development of full impact position and comprehensive strategy underway for 2021

TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, published its first annual Global Impact Report, highlighting its commitment to embedding environmental, social and corporate governance (ESG) best practices across the organization. In the coming months, Colliers will conduct a materiality assessment to understand the firm’s greatest opportunities to effect positive change and establish a comprehensive strategy with measurable targets.

“In 2020, we saw the world rally around important themes like diversity, health and the environment that are shaping how we operate,” said Jay Hennick, Global Chairman and CEO of Colliers. “This backdrop reaffirms that, as leaders in our industry, building a better future for our business, people, clients and communities has never been more important. The 2020 Global Impact Report is a great first step in that direction and we are excited to carry this momentum into the development of a thoughtful and comprehensive ESG strategy this year.”

“ESG is the blueprint to doing what’s right, a core value at Colliers,” continued Becky Finley, Global Chief Brand & People Officer. “In developing this report, it was humbling to see so many ESG initiatives already in action in our operations around the world. While we are pleased with our progress, we are eager to unify our efforts and create a globally aligned, measurable strategy with specific, tangible commitments that will allow us to deliver transformative change to our clients, people and communities.”

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

Colliers’ 2020 Global Impact Report focuses on current work and initiatives across three key areas: 

1. Helping the environment: Colliers provides lasting value for clients through a full suite of sustainability services that improve the performance of their properties and result in better environmental and economic outcomes. Colliers is also transforming its own workplaces to ensure the health of our people and reduce our impact on the environment.
2. Engaging our people and communities: Colliers is deepening efforts to foster inclusive and supportive workplaces and create rewarding growth and development opportunities. Every business line is empowered to help local communities and support charitable initiatives.
3. Acting with honesty and integrity: Colliers takes great care to operate ethically and adheres to rigorous corporate governance policies.
   

Find out more by downloading the 2020 Global Impact Report.

Media Contact:
Andrea Cheung
Global Manager, Communications
Andrea.cheung@colliers.com
416-324-6402

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

FAQ

What is the significance of Colliers' Global Impact Report?

Colliers' Global Impact Report outlines the company's initiatives in environmental sustainability, community engagement, and corporate governance as part of its ESG commitment.

When was the Global Impact Report released by Colliers?

The Global Impact Report was released on April 12, 2021.

What are the key areas highlighted in Colliers' Global Impact Report?

The report focuses on helping the environment, engaging communities, and acting with honesty and integrity.

How will Colliers develop its ESG strategy?

Colliers plans to conduct a materiality assessment to identify opportunities for positive change and establish measurable ESG targets.