CBRE Group, Inc., commonly known as CBRE, is a leading global real estate services firm headquartered in London, GB. Founded in 1906, CBRE has established itself as a dominant player in the commercial real estate industry, offering a comprehensive range of services including property management, investment management, and advisory services. With a strong presence across Europe, North America, and Asia-Pacific, CBRE is renowned for its innovative approach and data-driven insights, which set it apart from competitors. The firm has achieved significant milestones, including being consistently ranked as the top commercial real estate services provider worldwide. CBRE's commitment to sustainability and technology integration further enhances its market position, making it a trusted partner for clients seeking to navigate the complexities of real estate.
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 66 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, 2, and 3 emissions. Specifically, Scope 1 emissions were about 55,877,000 kg CO2e, while Scope 2 emissions totalled approximately 37,935,000 kg CO2e. The majority of emissions stemmed from Scope 3, amounting to around 31,200,391,000 kg CO2e, primarily from the use of sold products. CBRE has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 68% by 2035 from a 2019 baseline. Additionally, they plan to cut Scope 3 emissions from the use of sold products managed on behalf of occupiers by 79% per square foot and by 67% per square foot for those managed on behalf of owners over the same timeframe. In the near term, CBRE is also committed to achieving a 50% reduction in absolute Scope 1 and 2 emissions by FY2030, with a long-term goal of reaching net-zero emissions across the value chain by FY2040. This includes a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by FY2040, reinforcing their commitment to sustainable practices in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 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 | - | - | - | - | 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.