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Sustainability (image) Sustainability (image)

WE ARE ANSWERING THE SUSTAINABILITY QUESTION

As a global leader in commercial real estate, Cushman & Wakefield know the opportunity we have to partner with some of the largest occupiers and investors in the world. We are well aware of the urgency required. It is one thing to provide the ideas and strategies for a better, more sustainable world. However, what we stand by is our ability to execute sustainability strategies at all stages, for all asset classes and clients. We believe that is what makes the difference between wanting change to happen in the future and having the people and the purpose to be Living Change Now.

Read more about our research and views on Sustainability here

What is sustainability? 

Sustainability is about meeting the needs of the present without compromising the ability to future generations to meet their own needs.  

Sustainability is a complicated topic. And while most of us are generally familiar with the term, the details may be less transparent. 

Read: We have created a list of terms and definitions we think are of particular importance when it comes to sustainability and commercial real estate

What are the three pillars of sustainability? 

ESG stands for Environmental, Social and Governance standards, Material topics in each of the ESG pillars and operational/ business approach to ESG varies by business, company, stakeholder group compositions and values. 

  1. Environmental factors include the contribution a company or government makes to climate change through greenhouse gas emissions, along with waste management and energy efficiency. Given renewed efforts to combat global warming, cutting emissions and decarbonizing is become more important.   

  2. Social includes human rights, labor standards in the supply chain, any exposure to illegal child labor, and more routine issues such as adherence to workplace health and safety. A social score also rises if a company is well integrated with its local community and therefore has a ‘social license’ to operate with consent.   

  3. Governance of a corporation refers to the rules, processes, laws, guidelines and guiderails that inform a company’s operations and controls. Corporate governance takes into account the decision-making authorities, rights and impacts on various stakeholders including a board of directors, shareholders, management and employees. 

How do we approach sustainability?

With 53,000 people around the world, Cushman & Wakefield makes a significant impact on employees, clients, shareholders, communities and the environment. Corporate social responsibility is embedded in our firm’s practices and strategic vision for the future. 
Read: Our Corporate Social Responsibility initiatives

How are we committed to a sustainable future?

We’re taking bold action for the future of real estate. 

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

Our Science Based Targets and Net Zero Commitment

  • Target #1: Reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions across our corporate offices and operations 50% by 2030 from a 2019 base year 

  • Target #2: Engage key clients, some of the world’s largest real estate owners and occupiers, representing 70% of emissions at our managed properties (scope 3) to set science-based targets by 2025 
  • Target #3: Reach net zero value chain emissions (scopes 1, 2 and 3) by 2050

Download our Science Based Targets and Net Zero Commitment infographic.  

Join us on our net zero journey by learning more about our sustainability services

 

sbti
OUR SCIENCE BASED TARGETS

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

Download Infographic

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.

View Video

Glass office facade with tree Australia
Sustainability Services

Prepare your real estate portfolio for the challenges ahead by partnering with Cushman & Wakefield’s Energy & Sustainability team.

Learn more

What should sustainable cities look like? 

To support our future, the urban ecosystem needs to be at the heart of urban and development planning. While some might argue that’s a constraint on development, it’s actually an opportunity. 

Sustainable cities are a critical feature of a successful economic and social approach to how and where we live our lives and play a role in the health of our environment. 

Read: Sustainable cities: why going green is the way forward.

Zero carbon 

Carbon is a term that’s been coming up more frequently around the board room—and COVID-19 has only amplified the conversation. As businesses start to look past COVID-19, they are viewing carbon reduction as a critical step to mitigating climate change, recruiting and retaining employees, and better serving their customers, shareholders and stakeholders.  

Read: Find out what it means to become ‘carbon neutral’ or achieving ‘net zero'

Climate change 

A scientifically proven, long term shift we are seeing in temperature averages and extremes. Compared to a historical average, since the start of the industrial revolution, scientists recognize we are seeing much higher temperature levels. Rising temperatures lead to an increase in volatile weather conditions—flood, drought, shrinking ice caps, rising sea levels. 

The impacts of the COVID-19 pandemic have been vast-reaching, affecting billions of individuals’ daily lives and interactions with our communities. One major area being heavily impacted: greenhouse gas (GHG) emissions. With most of the world performing some form of social distancing, industrial productivity and commuting has declined immensely, resulting in fewer greenhouse gas emissions, a leading contributor to global climate change. 

Read: The impact of COVID on climate change.

How can you be more sustainable as a business? 

Sustainability is not just the right thing to do for the environment, your employees, and the future of our planet—it’s good business. By measuring the sustainability and societal impact through environmental, social, and governance criteria, our team of sustainability experts can help you better determine the future financial performance of your company. 

Read: Learn how we can serve your sustainability needs

How do we approach sustainable real estate events?

We believe events should be sustainable. Cushman & Wakefield is committed to operating in a sustainable way. We recognize that change needs to happen in all aspects of what we do, how we work and who we work with. We believe that demonstrating our sustainability commitments in the way we approach events is a natural part of our ESG journey. 

Read: Learn how our Global Sustainable Events Charter introduces a checklist of key criteria that we are committed to delivering.

 

Sustainable Insights

20 things to know about sustainability (image)
Article • Sustainability / ESG

Greenwashing and the Sustainability Disclosure Requirements

The FCA is aiming to create an investment environment in which consumers have access to clear, comparable criteria for qualifying sustainable investments, ensuring they are well-informed of what “green” looks like.
Rhiannon Jones • 5/2/2023
windmills
Article

Agricultural Land Value Continues Upward Trajectory Across Nation​

The agricultural and resource land market in the United States is inherently diverse and complex, and it is a significant contributor to the country’s economy. Just as topography varies across the country, so do market trends and land values. Many factors, like locality, land area and resource availability (e.g., water, timber, minerals) have an impact on trends and values regionally.
3/10/2023
Electric Vehicle Revolution
Research • Technology

The Electric Vehicle Revolution

Electric vehicles (EVs) are quietly racing to reshape the car and commercial truck manufacturing industries and meet the growing demands of global consumers and businesses.
Anthony Avendt • 6/27/2022
Podcast • Sustainability / ESG

Podcast: The Pathway to Net Zero

Listen in as Michael Creamer, Chairman Global Occupier Services (GOS) EMEA at Cushman & Wakefield discusses how companies think about the impact of their real estate portfolio and more.
Michael Creamer • 1/24/2022
Decoding COP26 Card image
Insights • Sustainability / ESG

The Impact of the Coal Agreement on Asia Pacific Buildings

Coming out of COP26, the end of coal is in sight with more than 40 countries, including major players across Asia Pacific committing to phasing down coal. Exciting country commitments include Indonesia, Vietnam, South Korea and Singapore, as well as the strengthened net-zero commitments of Japan made earlier this year. In a new ‘Global Coal to Clean Power Transition Statement’, countries also committed to scaling up clean power and ensuring a just transition away from coal.  

11/16/2021
Repurposing Building
Insights • Sustainability / ESG

How to keep real estate relevant by repurposing buildings in a rapidly changing environment

The pandemic has been widely recognised as an accelerant to many changes which were already materialising across the real estate industry.  
David Tonks • 10/22/2021
ESG-Card
Insights • Sustainability / ESG

Monitoring and Measuring ESG in an Era of Remote Working

With the adoption of remote and hybrid working hastened by the global pandemic, we look at where emissions are coming from, quantify them and examine the implications for ESG reporting in 2021 and beyond.
9/6/2021
Glass office facade with tree Australia
Video • Sustainability / ESG

Webinar: Carbon Neutrality - Shifting to Neutral to Drive Real Estate Sustainability

Learn about a whole lifecycle carbon reduction plan – a road map for real estate investors/developers/landlords in China, and other considerations and what's in it for real estate investors, developers and landlords.
Shaun Brodie • 6/23/2021
Sustainability 101 (image)
Research • Sustainability / ESG

Sustainability 101: Your Guide to Critical Definitions

We have created a list of terms and definitions we think are of particular importance when it comes to sustainability and commercial real estate.
6/7/2021
20 things to know about sustainability (image)
Research • Sustainability / ESG

20 Things you Need to Know About Sustainability and Property

While sustainability is a major challenge that we are all aware of, the details may be less transparent. We've highlighted 20 things we think should be known about sustainability and real estate.
5/13/2021
The Sustainability Imperative
Podcast • Sustainability / ESG

Podcast: The Sustainability Imperative

Now with a global pandemic and businesses reimagining how they want to operate, the world's largest investors are placing sustainability at the centre of their investment approaches.
3/29/2021
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earth day
Celebrating Earth Day at Cushman & Wakefield

On Earth Day, Cushman & Wakefield joins a global movement that challenges us to examine our choices and take action to have a more positive impact on the planet.

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Resources
Learn more about what we can do for your business and our ongoing commitment to contributing to a better world through sustainable, ethical and responsible practices.
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