CBRE Group, Inc

Real Estate Services
CBRE
$ 84 (0.94)%
Share price
$ 27 bn
Market Cap
$ 30 bn
Enterprise Value

Carbon footprint

2.2 Ton
GHG emissions per $ 1 mln investment
0.06x the weighted average for S&P 500
FY2021
How is this calculated?
-20%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.1%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

CBRE Group, Inc aims to reduce Scope 1 + 2 by 68% by 2035 from a base year 2019


1.5°C
CBRE Group, Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-5.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

CBRE Group, Inc aims to achieve net zero for all Scopes by 2040


This target has not been verified as science based according to SBTi
CBRE Group, Inc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

CBRE Group, Inc's GHG emissions (market-based) (Kt of CO2e)
CBRE Group, Inc's Carbon intensity (Tons per 1 USDm)

CBRE Group, Inc's carbon footprint

CBRE Group, Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 66 Kt (-17 /-20.1% y-o-y). Also positively, carbon intensity decreased to 3.5 t (-0.1 /-2.8% y-o-y).

CBRE Group, Inc's Scope 3 emissions spiked to 89,169 Kt (+34,484/+63% y-o-y). The growth has slowed compared to the trend since 4Q'16 (CAGR +317%).

The company is committed to reducing Scope 1 + 2 by 68% by 2035 from a base year 2019, which translates into the estimated reduction of -2.7 Kt per annum over the period of FY2022 - FY2035. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -4,697 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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