CBRE, Inc. Sustainability Profile
CBRE, Inc., a leading global real estate services firm, is headquartered in the United States and operates extensively across major regions, including North America, Europe, and Asia-Pacific. Founded in 1906, CBRE has established itself as a pioneer in the commercial real estate industry, offering a comprehensive range of services such as property management, investment sales, and advisory services. With a commitment to innovation and client-centric solutions, CBRE stands out through its advanced technology platforms and data-driven insights. The firm has consistently maintained a strong market position, recognised for its expertise in sectors like office, industrial, retail, and multifamily properties. Notable achievements include being ranked as the largest commercial real estate services and investment firm in the world, underscoring its influence and leadership in the industry.
DitchCarbon Score
How does CBRE, Inc.'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.
Industry Average
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.
Industry Benchmark
CBRE, Inc.'s score of 71 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CBRE, Inc.'s reported carbon emissions
In 2023, CBRE, Inc. reported total carbon emissions of approximately 31,289,518,000 kg CO2e. This figure includes Scope 1 emissions of about 55,877,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions totalling approximately 30,357,000 kg CO2e, which encompasses purchased electricity and heat. The company’s Scope 3 emissions were significantly higher, amounting to around 31,200,391,000 kg CO2e, with the largest contributions from the use of sold products (approximately 25,091,640,000 kg CO2e) and employee commuting (about 119,643,000 kg CO2e). CBRE has set ambitious climate commitments, targeting a 68% reduction in both Scope 1 and Scope 2 emissions by 2035 from a 2019 baseline. Additionally, the company aims to achieve net zero carbon emissions across all scopes (1, 2, and 3) by 2040, aligning with global efforts to limit temperature rise to 1.5°C. These targets are part of a broader strategy to enhance sustainability within its corporate operations. The emissions data and reduction targets are cascaded from CBRE Group, Inc., reflecting the company's commitment to corporate responsibility and environmental stewardship.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 62,337,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 44,332,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 32,503,101,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is CBRE, Inc.'s Industry?
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CBRE, Inc.'s Scope 3 Categories Breakdown
CBRE, Inc.'s Scope 3 emissions, which decreased by 5% last year and decreased by approximately 4% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
CBRE, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CBRE, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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