CBRE's 2023 Corporate Responsibility Report highlights the company's efforts towards sustainability and responsible business practices. Key points include:
Progress Towards Low-Carbon Future: CBRE has reduced emissions from its operations by 24% since 2019, despite a 17% increase in employee headcount. This marks a significant step towards achieving net-zero carbon emissions by 2040.
Supporting Clients' Sustainability Goals: CBRE works closely with clients to help them develop strategic plans for reducing carbon emissions and optimizing resources, leveraging its expertise in strategic roadmapping and decarbonization.
Diversity and Inclusion: Employee Business Resource Groups grew to over 25,000 members globally, demonstrating CBRE's commitment to fostering diversity across all dimensions of the company.
Investment in Small and Diverse Suppliers: CBRE spent $3.2 billion with companies owned by women, racial and ethnic minorities, and other underrepresented groups, further impacting communities positively.
Financial Performance and Reputation: CBRE is recognized as the most sustainable U.S.-based company according to Barron’s, among other accolades, highlighting its strong financial performance and ethical business practices.
Strategic Focus Areas: CBRE focuses on developing initiatives that promote diversity, equity, and inclusion, talent engagement and management, employee wellbeing, cybersecurity, compliance, and corporate governance.
Awards and Recognition: CBRE received numerous awards recognizing its achievements in sustainability, diversity, ethics, and innovation, including being named one of the world's most ethical companies by ETHISPHERE and appearing on the Bloomberg Gender-Equality Index.
Financials: With revenues exceeding $33.1 billion in 2023, CBRE operates across multiple regions, offering a wide range of services including advisory, facilities management, investments, and project management, serving clients globally.
Supplier Management: CBRE's procurement organization engages with over 131,000 Tier 1 suppliers globally, influencing billions in additional spend through its project management and managing agent arrangements.
CBRE's dedication to corporate responsibility showcases its commitment to environmental stewardship, social equity, and ethical business practices, aligning with its core mission of delivering outstanding results for clients while supporting its people and communities.
