Cushman Wakefield releases 2022 Environmental, Social and Governance Report
- Written by Reporters
Leading global commercial real estate firm highlights progress toward sustainability targets, diversity metrics and more
- Recognized among the first group of companies to have a net zero commitment validated by the Science Based Targets initiative (SBTi).
- Observed a 33% reduction in Scope 1 and 2 (market-based) GHG emissions since our 2019 baseline.
- Observed a 51% reduction in total Scope 1 and 2 (market-based) GHG emissions per million square feet of office space in 2022 as compared to 2021.
- Sourced 48% of Cushman & Wakefield's electricity for its operations from renewable[1] sources in 2022.
- Named an ENERGY STAR® Partner of the Year for 11th consecutive year in 2023.
- Provided energy and sustainability services to more than 38,750 buildings totaling approximately 930 million square feet (msf) of space globally.
- Launched new Global Sustainability Learning course to provide our people with an overview of sustainability and why it is important to Cushman & Wakefield.
- Spent $802.4 million with more than 3,600 diverse suppliers[2] in 2022 in North America, a 38% increase from the previous year.
- Women at Cushman & Wakefield
- New Hires: 41% women
- Executives: 41% women
- People Managers: 43% women
- Board of Directors: 44% women as of the publication date of the 2022 ESG Report
- 45% of U.S. employees are racially/ethnically diverse[3]
- Named 2023 Forbes America's Best Employers For Diversity
- Named 2023 Military Friendly® Employer in the U.S.
- Named 2022 Best Place to Work for LGBTQ Equality, Human Rights Campaign
- In 2022, more than 30,000 eligible employees completed two required DEI education courses, resulting in an 85% completion rate and more than 62,000 hours of DEI education.
- Produced more than 2,100 reports and thought leadership pieces, including insights on sustainability, workplace experience, logistics and more.
- Added ESG oversight responsibilities to the Nominating and Corporate Governance and Audit Committees of the Board of Directors.
- Named International Ethics Standards (IES) Coalition, Business Supporter
- Confirmed 92% of employees completed our annual Code of Business Conduct Training.
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2022, the firm reported global revenue of US$10.1 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit
Source https://www.media-outreach.com/news/hong-kong/2023/09/18/246682/