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Asia Pacific Sustainability & ESG Hub

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LEADING WHAT’S NEXT FOR SUSTAINABLE REAL ESTATE

Sustainability has become not only a priority, but a mandate for many companies. As one of the top global real estate services providers, Cushman & Wakefield is leading the way in Asia Pacific to drive responsible business practices in the property industry.

Our strength is our ability to combine a range of disciplines into one seamless, end-to-end delivery solution and translate organisational goals and aspirations to asset level action items. As a real estate firm, we are specifically qualified to understand the nuances of our industry and the levers to pull to benefit from the ESG movement at the organisational and asset level. With our expertise in property, our team thinks beyond the sustainability services, engaging with our colleagues in asset management, supply chain, compliance, research and valuations to leverage the benefits of Cushman & Wakefield’s multi-disciplinary service, delivering a unique, fit for purpose solution.

Depending on your needs, our teams can actively advise and deliver in the following areas:

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Whether you are an investor or occupier, we have a long record of delivering end-to-end ESG, climate and building performance services. Our aim is to reduce operational costs, improve ESG performance and manage climate change opportunities for both our occupier and investor clients across their property/portfolio lifecycle.

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LEARN MORE ABOUT OUR SUSTAINABILITY & ESG CAPABILITIES
Cushman & Wakefield’s Sustainability & ESG Teams provide services that not only meet your sustainability goals and objectives, but strategically position you for what’s next in the industry.
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FEATURED CASE STUDIES

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BESPOKE ALGORITHM TO MEASURE WORK-FROM-HOME EMISSIONS:

C&W has been supporting NAB since 2006 to quantify and report on their sustainability and carbon footprint. With the onset of COVID-19 and the prevalent work-from-home (WFH) arrangements, we saw a 30% drop in their reported emissions associated with their offices. In these unprecedented circumstances, C&W quickly developed a bespoke algorithm to help account for this gap and ensure accurate reporting of NAB’s sustainability footprint.
Adobe logo
ENERGY EFFICIENCY PATHWAYS

C&W India team advised Adobe on the sustainability of its Indian operations across four facilities in Nodia and Bangalore. Adobe requested practical, affordable, and effective solutions on aspects such as energy efficiency, water conservation, waste management and mobility. That involved consulting on waste diversion, the addition of an electric vehicle (EV) fleet to transport staff (rather than diesel-fueled commuter transport) and the purchase of offsite solar power. Our engagement resulted in 100% of the waste now being segregated; 15% energy saving; up to 40% water saving and a successful conversion of their fleet to electric vehicles.
AXA logo
CARBON NEUTRAL ROADMAP FOR A HERITAGE LISTED PROPERTY

AXA Investment Managers approached C&W to assist them achieve carbon neutrality for their heritage-listed property in Australia. C&W developed a program which included developing a carbon account, identifying energy avoidance and efficiency initiatives, identifying opportunities for renewable energy generation and green power purchasing and offset advisory for the residual carbon emissions. Our efforts resulted in AXA IM’s property achieving Australian government-certificated carbon neutrality status.
IA logo
ACHIEVING THE GREEN MARK AWARD

International Plaza (known as IP), is a 50-storey award-winning building in Singapore’s CBD. Built in the 1970’s, it needed to become more energy efficient and C&W was engaged to help it achieve Singapore’s Green Mark award. Beginning with an energy audit to understand usage, the chiller systems were replaced with higher-performance units. This resulted in energy cost savings and greater efficiency. The overall reduction in energy consumption reached 22% and the building received the BCA Green Mark GoldPlus Award.
Mastercard logo
A REVOLUTIONARY CERTIFICATION FOR A NEW GLOBAL TECH HUB

Mastercard struggled to achieve Green Star certification for the fit out of their new global tech hub in Sydney due to issues with the landlord-controlled base building systems. Our team came up with an original solution – develop and pioneer a Green Star rating tool, in collaboration with the Green Building Council to meet the new market needs of the rating scheme. The custom “Performance for Interiors”, ground-breaking new rating tool is tailored to assess both the fit-out design and operational performance of tenancies. Through application of this new rating tool, Mastercard was able to achieve the Green Star Certification, the first rating of its kind to be achieved in Australia.
HSA logo
GREEN MARK PLATINUM AND CONTINUOUS EFFICIENCIES

Health Sciences Authority (HAS) is a 3 storey building in Singapore, comprising of offices, laboratories and a blood donation centre. They appointed us to provide energy audit consultancy and Green Mark consultancy services. We successfully achieved the highest Green Mark “Platinum” rating in 2019. In addition, we successfully achieved the committed efficiency of 0.636 kW/RT from 2014 to 2018 and went further to achieve a better efficiency of 0.620 kW/RT in 2019, and counting for a period of 5 years.
Octagon logo
BUILDING OPTIMISATION PROGRAM FOR ‘THE OCTAGON’

In 2018, C&W Sustainability team were engaged to undertake a building optimisation program for ‘The Octagon’ in Parramatta, Australia. The purpose of this program is to assist in maintaining the buildings high NABERS energy rating performance (of at least 5 Star) and satisfy a 2017-18 NSW Government Resource Efficiency Policy (GREP) requirement for a large NSW government tenant. Through the application of the building optimisation program, the building owner was able to satisfy a key NSW GREP requirement for its most important tenant. In 2019, the success of the ongoing program resulted in a 0.5 Star rating increase in NABERS energy performance (from 5 Star to 5.5 Star).
Aurizon logo
ENERGY ASSESSMENTS IDENTIFIES 48% ENERGY REDUCTION POTENTIAL

Aurizon engaged C&W Sustainability team to conduct energy assessments across 8 of its highest energy-consuming key sites. The objective of this program was to enable Aurizon to determine priority actions when planning for energy efficiency retrofits across its sites. We identified a number of opportunities which produced calculated energy savings of 6,777 MWh per year, equivalent to approx 48% savings across all 8 sites.
AEW logo
ASSET DECARBONISATION

C&W were engaged by AEW to deliver a range of cervices, including: energy efficiency audit; design & build contract for AEW’s asset enhancement initiatives for $104M asset in Singapore; greenmark building recertification in Singapore; design project, cost and construction management; and decarbonsation planning of an green building certification for Australian assets.

SUSTAINABILITY INSIGHTS

Climate Risk: REAL (E)STATE OF EMERGENCY
Real Estate of Emergency: Climate Risks in Asia Pacific

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Decoding COP26 Card image
Decoding COP26: Implications on APAC Real Estate

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Role of the City CArd (image)
The Role of the City in Defining Our Environmental Future

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ESG-Card
Measuring Emissions

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Data center
The Sustainability Imperative for Data Centres

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Healthy Residential Buildings in China card image
Healthy Residential Buildings in China

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Carbon Neutrality card image
Carbon Neutrality - Property Sustainability in China

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Sustainability 101 (image)
Guide to Sustainability

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building at a time (image)
Battling Climate Change One Building At A Time

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OUR NET ZERO COMMITMENT

   


Cushman & Wakefield has had its emissions reduction targets approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement.

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OUR SCIENCE BASED TARGETS

Cushman & Wakefield envisions a world of healthy, sustainable buildings that put the wellbeing of people and the planet first.

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SBTI (image)
VIDEO: OUR SCIENCE BASED TARGETS

Cushman & Wakefield is taking bold action for the future of real estate, today. For our people, for our clients and for our planet.

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ESG Report 2021
2021 ESG REPORT

Cushman & Wakefield’s 2021 ESG Report covers our progress and efforts across key areas of ESG and highlights how our people demonstrate our purpose of making an impact.

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CONTACT US

Gehan Palipana
Gehan Palipana

Head of Sustainability & ESG, Australia & New Zealand
Brisbane, Australia


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Alton Wong (image)
Alton Wong

Executive Director, Head of Advisory Services, Valuation & Advisory Services, Greater China, Co-Head of Sustainability Services Platform, Greater China
Hong Kong, Greater China


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Khurshed Gandhi
Khurshed Gandhi

Managing Director Strategic Consulting & ESG India
Mumbai, India


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Natalie-Craig
Natalie Craig

Chief Executive, Singapore
Singapore, Singapore


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