CBRE Group, Inc

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 has not set a company-wide target for an absolute reduction in GHG emissions yet.

CBRE Group, Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. CBRE commits to reduce absolute scope 1 and 2 GHG emissions 68% by 2035 from a 2019 base year. CBRE commits to reduce scope 3 GHG emissions from the use of sold products managed on behalf of occupiers 79% per square foot and scope 3 GHG emissions from the use of sold products managed on behalf of owners 67% per square foot over the same timeframe.