Newmark Group, Inc., commonly referred to as Newmark, is a leading player in the real estate services industry, headquartered in the United States. Founded in 1929, the company has established a strong presence across major operational regions, including North America and Europe. Newmark offers a comprehensive suite of services, including commercial real estate brokerage, property management, and investment advisory, distinguished by its client-centric approach and innovative solutions.
With a commitment to excellence, Newmark has achieved significant milestones, positioning itself as a trusted partner for clients seeking strategic real estate solutions. The firm’s unique blend of local expertise and global reach enables it to navigate complex market dynamics effectively. As a prominent entity in the real estate sector, Newmark continues to set benchmarks for service quality and operational efficiency, solidifying its reputation as a market leader.
-14 vs industry average
Newmark Group, Inc.’s score of 15 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Newmark Group, Inc.'s reported carbon emissions
Newmark Group, Inc., headquartered in the US and operating in the real estate services industry (70), has reported its carbon emissions for 2023 and 2022.
In 2023, Newmark Group's total Scope 1 and Scope 2 emissions were approximately 7.63 million kg CO2e. This comprised approximately 1.10 million kg CO2e from Scope 1 (including mobile and stationary combustion) and about 6.53 million kg CO2e from Scope 2 (primarily purchased electricity).
For 2022, the company reported total Scope 1 and Scope 2 emissions of approximately 7.19 million kg CO2e. Scope 1 emissions were about 1.59 million kg CO2e, with Scope 2 emissions standing at approximately 5.60 million kg CO2e.
Newmark Group has stated a commitment to achieving carbon neutrality in its operations by 2025, covering both Scope 1 and Scope 2 emissions. The company's data for 2023 indicates that Scope 3 emissions were not disclosed.
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Newmark Group, Inc.’s Climate Goals (2030 & 2050)
2 goals2025
We aim to be carbon neutral in our operations by 2025
We aim to be carbon neutral in our operations by 2025.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Newmark Group, Inc.
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