CBRE Group, Inc

Real Estate Services
CBRE
$ 83 3.4
Share price
$ 27 bn
Market Cap
$ 30 bn
Enterprise Value

Carbon footprint

2.8 Ton
GHG emissions per $ 1 mln investment
0.1x the weighted average for S&P 500
FY2020
How is this calculated?
-4.7%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-4.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
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%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
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 2020 at 83 Kt (-4.1 /-4.7% y-o-y). Also positively, carbon intensity declined to 3.5 t (-0.1 /-2.8% y-o-y).

CBRE Group, Inc's Scope 3 emissions took off to 360,945 Kt (+302,637/+519% y-o-y). The growth rate declined vs. the previous periods (CAGR +634% since 4Q'16).

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 -3.7 Kt per annum over the period of FY2021 - 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 -18,051 Kt per annum over the period of FY2021 - 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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