CBRE Releases 2018 Corporate Responsibility Report
LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. has released its 2018 Corporate Responsibility Report, which highlights the company’s accomplishments as an industry leader in responsible business practices.
CBRE’s achievements include:
- A commitment to environmental sustainability, including progress toward achieving greenhouse gas reduction targets set in 2016 and 2017, certifying more than 60% of the company’s office space under internationally recognized green building standards and pledging to set a science-based greenhouse gas emissions reduction target.
- Registering and benchmarking a record 6,418 buildings, representing more than 420 million square feet, in the U.S. Department of Energy’s ENERGY STAR program.
- Heightened focus on employee safety and well-being, as reflected in a 24% drop in Total Recordable Incident Rate from 2017 to 2018.
- Increased investment in diversity and inclusion programs, and an 11-person Board of Directors that now includes three women and three diverse men.
A key element of this year’s report is an expanded discussion of issues related to sexual harassment in the workplace. The company affirmed its longstanding commitment to the prevention of sexual harassment and recently began working with RAINN (Rape Abuse and Incest National Network) to advance our goal of a harassment-free work environment.
“Responsible business practices are integral to our strategy and to the work we perform for clients. We are proud of our performance on key environmental, social and governance issues and are committed to a goal of creating outcomes for all our stakeholders that are the best available in the marketplace,” said Bob Sulentic, CBRE’s president and chief executive officer.
CBRE’s Corporate Responsibility Report was produced in accordance with the Global Reporting Initiative (GRI) Standards: Core option and includes the company’s progress toward implementing the Ten Principles of the United Nations Global Compact. The report also contains disclosures recommended in the Real Estate Services Sustainability Accounting Standard that was developed by the Sustainability Accounting Standards Board (SASB).
Earlier this year CBRE was ranked #15 on Corporate Responsibility Magazine’s list of the 100 Best Corporate Citizens. CBRE was also recognized as one of the 100 Most Sustainable Companies in the U.S. by Barron’s for the second consecutive year and was named one of the 2018 World’s Most Ethical Companies® for the sixth year in a row.
More information on corporate responsibility at CBRE can be found at www.cbre.com/responsibility.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange filings and public conference calls and webcasts.
Source: CBRE Group, Inc.
Released June 28, 2019