Ver 1.0 (May 23)
Confidential & Proprietary | 2023 CBRE Inc.
2021 saw CBRE’s 15th annual Corporate Responsibility report which 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.
CSR WASTE & RECYCLING COMMITMENTS
CBRE's Digital & Technology and Procurement teams collaborate to support the company's sustainability efforts through the responsible recycling and disposal of technology equipment.
For example, in the Americas Region in 2021, we sent approximately 15,000 end-of-life assets - including laptops, servers and monitors - to our asset recovery service. We saved more than 85 million kilowatt hours and more than 1470 Metric Tons of CO2e. That amounts to to reducing more than 1300 passenger vehicles from the road for one year and more than 14,000 barrels of oil consumed. In addition, our vendor planted more than 100,000 tree seedlings that will sequester carbon for 10 years.
CBRE strives to conserve resources and reduce environmental impact across our operations significantly focused on energy and GHG emissions. CBRE is building its capabilities to to enhance reporting on our own operational water consumption and waste generation, However, within our offices we recycle materials such as paper, cardboard and other standard office waste and composting is available in select locations.
With buildings responsible for 40% of carbon emissions globally and our 7.1 billion square feet of managed property, CBRE has an outsized opportunity to help reduce greenhouse gas emissions through our own operations, services for our investor and occupier clients, and our entire value chain.
We have set ambitious targets for the next two decades.
In 2021, CBRE announced our commitment to achieve net-zero carbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement. This builds on our science-based targets to reduce emissions from our own operations by 68% by 2035. As part of this commitment, CBRE signed The Climate Pledge, a cross-sector community of companies and organizations working together to address the climate crisis and solve the challenges of decarbonizing our economy and realize net zero carbon emissions by 2040.
REAL ESTATE & NET ZERO
15,000 end-of-life assets to asset recovery
Saving 85m KwH & 1470 Metric Tons of CO2e
Saving 1300 vehicle journeys
Saving 14,000 barrels of oil consumed
Planting 100,000 tree seedlings