Cbre

CBRE, a US-based real estate services company, reported total carbon emissions of approximately 17.79 billion kg CO2e in 2025. This includes about 60.52 million kg CO2e from Scope 1 emissions, 8.39 million kg CO2e from Scope 2 emissions (market-based), and approximately 17.73 billion kg CO2e from Scope 3 emissions.

Looking back, CBRE's total emissions were approximately 18.01 billion kg CO2e in 2024, and about 18.07 billion kg CO2e in 2023. In 2019, the baseline year for several targets, total emissions were approximately 21.60 billion kg CO2e, with Scope 1 at about 80.10 million kg CO2e and Scope 2 (market-based) at approximately 44.59 million kg CO2e.

CBRE has set ambitious climate commitments, with its Net-Zero target validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2040.

Key reduction targets include:

• Near-term targets (by 2030):
  • Reduce absolute Scope 1 and 2 GHG emissions by 50% from a 2019 base year.
  • Reduce Scope 3 GHG emissions from the use of sold products in buildings managed for clients by 55% per square foot from a 2019 base year.
• Long-term targets (by 2035 and 2040):
  • Reduce absolute Scope 1 and 2 GHG emissions by 68% by 2035 from a 2019 base year (as approved by SBTi in 2020).
  • Reduce Scope 3 GHG emissions from the use of sold products managed on behalf of occupiers by 79% per square foot and from products managed on behalf of owners by 67% per square foot by 2035 from a 2019 base year.
  • Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2040 from a 2019 base year.
  • Reduce absolute Scope 3 GHG emissions by 90% by 2040 from a 2019 base year.

CBRE is also committed to purchasing 100% renewable electricity for its corporate operations by 2025.

These targets and the latest emissions data highlight CBRE's ongoing efforts to decarbonise its operations and value chain within the real estate services industry.