CBRE Group, Inc., commonly known as CBRE, is a leading global real estate services firm headquartered in Great Britain. Founded in 1906, CBRE has established a strong presence in major operational regions across Europe, the Americas, and Asia-Pacific. The company operates within the commercial real estate industry, offering a comprehensive range of services including property management, investment sales, and advisory services. CBRE is renowned for its innovative approach to real estate solutions, leveraging advanced technology and market insights to deliver exceptional value to clients. With a commitment to sustainability and a robust portfolio of core services, CBRE has consistently maintained its position as a market leader, recognised for its achievements in client satisfaction and industry expertise.
How does Cbre's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cbre's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CBRE reported total carbon emissions of approximately 31,289,518,000 kg CO2e, with significant contributions from Scope 1 (mobile combustion: 55,877,000 kg CO2e), Scope 2 (purchased electricity: 30,357,000 kg CO2e), and Scope 3 (use of sold products: 25,091,640,000 kg CO2e). The company has set ambitious climate commitments, aiming for net zero carbon emissions by 2040. CBRE's near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline, and a 68% reduction in these emissions by 2035. Additionally, they aim to reduce Scope 3 emissions from the use of sold products by 55% per square foot in buildings managed for clients within the same timeframe. The company is a signatory of the Science Based Targets initiative (SBTi), committing to a long-term goal of reducing absolute Scope 1 and 2 emissions by 90% by 2040, alongside a similar reduction for Scope 3 emissions. CBRE's strategy reflects a comprehensive approach to sustainability, focusing on both operational efficiency and the broader impact of their services in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 30,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 33,949,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 13,161,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cbre is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.