CBRE Group, Inc., commonly referred to as CBRE, is a leading global real estate services firm headquartered in Sweden (SE). Established in 1906, CBRE has grown to become a dominant player in the commercial real estate industry, with a strong presence across Europe, the Americas, and Asia-Pacific. The company offers a comprehensive range of services, including property management, investment management, and advisory services, tailored to meet the diverse needs of its clients. CBRE's unique approach combines innovative technology with deep market insights, setting it apart in a competitive landscape. Recognised for its commitment to excellence, CBRE has consistently achieved notable milestones, including being ranked as the world's largest commercial real estate services and investment firm. With a robust portfolio and a reputation for delivering exceptional results, CBRE continues to shape the future 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 21 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, CBRE reported total carbon emissions of approximately 60379 tonnes CO2e for Scope 1, 22684 tonnes CO2e for Scope 2 (market-based), and a significant 304800 tonnes CO2e for Scope 3 investments. Additional Scope 3 emissions included about 13819 tonnes CO2e from business travel, 77210 tonnes CO2e from employee commuting, and a staggering 360642738 tonnes CO2e from the use of sold products. The company also reported 205649 tonnes CO2e from purchased goods and services, and 5403 tonnes CO2e from fuel and energy-related activities. Despite these substantial emissions figures, CBRE has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a potential area for future development in their sustainability strategy. CBRE's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of their operations. As a leader in the real estate services sector, CBRE's commitment to addressing climate change remains critical, and the company may benefit from establishing clear reduction goals to enhance its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | 60,379,000 |
Scope 2 | 22,684,000 |
Scope 3 | 361,249,619,000 |
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 not participating in any of the initiatives that 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.