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.
-15 vs industry average
Newmark Group, Inc.’s score of 13 is lower than 28% 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 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Newmark Group, Inc.'s reported carbon emissions
Newmark Group, Inc., a real estate services firm headquartered in the US, reported approximately 7.6 million kg CO2e of combined Scope 1 and Scope 2 emissions in 2023. This figure represents a reduction from approximately 7.2 million kg CO2e in 2022. For 2023, Scope 1 emissions were about 1.1 million kg CO2e, with Scope 2 emissions totalling approximately 6.5 million kg CO2e. In 2022, Scope 1 emissions were approximately 1.6 million kg CO2e, and Scope 2 emissions were about 5.6 million kg CO2e. Newmark Group has set a near-term target to achieve carbon neutrality in its operations by 2025, covering both Scope 1 and Scope 2 emissions. The company's emissions data is not cascaded from a parent organisation, as indicated by `is_cascaded: false` in the provided data. Scope 3 emissions data is not disclosed for the reported years, with missing data points identified for purchased goods and services, and capital goods.
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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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