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Main international business actual property agency highlights progress towards sustainability targets, variety metrics and extra
Cushman & Wakefield views ESG as a key precedence for the enterprise and works to take daring motion to advance ESG inside its operations and for its purchasers around the globe. The agency prioritizes accountable company citizenship, decreasing its environmental affect and creating an inclusive office for all, whereas enabling purchasers to do the identical.
“By way of our work, we purpose to ship actual property providers with the very best requirements of environmental care and social accountability to drive purposeful change for our enterprise and purchasers,” mentioned Cushman & Wakefield CEO Michelle MacKay. “Around the globe, a lot of our purchasers wish to us to assist obtain their very own ESG targets. Our measurement, scale and steadiness of strategic and technical capabilities make us well-suited to combine ESG inside the property lifecycle for our personal agency and to assist our purchasers do the identical. Cushman & Wakefield’s 2022 ESG Report reveals the agency’s significant progress in attaining our targets.”
A few of the agency’s current ESG highlights embody:
ENVIRONMENTAL
- Acknowledged among the many first group of firms to have a web zero dedication validated by the Science Based mostly Targets initiative (SBTi).
- Noticed a 33% discount in Scope 1 and a pair of (market-based) GHG emissions since our 2019 baseline.
- Noticed a 51% discount in whole Scope 1 and a pair of (market-based) GHG emissions per million sq. ft of workplace house in 2022 as in comparison with 2021.
- Sourced 48% of Cushman & Wakefield’s electrical energy for its operations from renewable[1] sources in 2022.
- Named an ENERGY STAR® Associate of the 12 months for eleventh consecutive 12 months in 2023.
- Supplied power and sustainability providers to greater than 38,750 buildings totaling roughly 930 million sq. ft (msf) of house globally.
- Launched new International Sustainability Studying course to supply our folks with an summary of sustainability and why you will need to Cushman & Wakefield.
SOCIAL
- Spent $802.4 million with greater than 3,600 numerous suppliers[2] in 2022 in North America, a 38% enhance from the earlier 12 months.
- Girls at Cushman & Wakefield
In comparison with 42% in 2021 In comparison with 22% in 2021- Folks Managers: 43% girls
In comparison with 42% in 2021
- Board of Administrators: 44% girls as of the publication date of the 2022 ESG Report
In comparison with 40% as reported in our 2021 ESG report
- 45% of U.S. staff are racially/ethnically numerous[3]
- Named 2023 Forbes America’s Finest Employers For Variety
- Named 2023 Navy Pleasant® Employer within the U.S.
- Named 2022 Finest Place to Work for LGBTQ Equality, Human Rights Marketing campaign
- In 2022, greater than 30,000 eligible staff accomplished two required DEI training programs, leading to an 85% completion price and greater than 62,000 hours of DEI training.
- Produced greater than 2,100 stories and thought management items, together with insights on sustainability, office expertise, logistics and extra.
GOVERNANCE
- Added ESG oversight obligations to the Nominating and Company Governance and Audit Committees of the Board of Administrators.
- Named Worldwide Ethics Requirements (IES) Coalition, Enterprise Supporter
- Confirmed 92% of staff accomplished our annual Code of Enterprise Conduct Coaching.
The 2022 ESG Report presents a deep dive into what Cushman & Wakefield has completed, what’s being deliberate, and the way the agency’s values throughout ESG areas drive affect.
The report is ready in accordance with the International Reporting Initiative’s (GRI) revised Common Requirements, which information the event of the content material and knowledge supplied therein. The report additionally accommodates disclosures really useful within the Actual Property Providers requirements that have been developed by the Sustainability Accounting Requirements Board (SASB).
Obtain Cushman & Wakefield’s 2022 ESG Report.
[2] A enterprise that’s a minimum of 51% owned and operated by a traditionally underrepresented or underserved particular person or group qualifies as a various provider.
Hashtag: #Cushman&Wakefield
The issuer is solely liable for the content material of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a number one international business actual property providers agency for property house owners and occupiers with roughly 52,000 staff in roughly 400 workplaces and 60 international locations. In Better China, a community of 23 workplaces serves native markets throughout the area. In 2022, the agency reported international income of US$10.1 billion throughout its core providers of valuation, consulting, venture & improvement providers, capital markets, venture & occupier providers, industrial & logistics, retail and others. It additionally receives quite a few business and enterprise accolades for its award-winning tradition and dedication to Variety, Fairness and Inclusion (DEI), Environmental, Social and Governance (ESG) and extra. For extra info, go to
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