Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Releases 2021 Environmental, Social and Governance Report

Mandy Qian • 15/08/2022

Leading Real Estate Services Firm Highlights Progress Toward Net Zero Emissions Target, Diversity Metrics and More in Report

Cushman & Wakefield has released its 2021 Environmental, Social and Governance (ESG) Report, which covers the firm’s efforts and progress across key ESG areas for the fiscal year and highlights how the firm’s people demonstrate its purpose of making an impact. 
Cushman & Wakefield envisions a world of healthy, sustainable buildings that put the wellbeing of people and the planet first. The firm aims to take bold action to advance ESG within its operations and for its clients, the commercial real estate industry and society.
“This report highlights the many ways we strive for continuous improvement to meaningfully contribute to a sustainable future,” said CEO John Forrester. “It is not only our responsibility to have the most positive impact possible on our many stakeholders and world—but it also is part of our purpose as an organization and a passion that our people share globally. In addition, we believe there is incredible opportunity to deliver outsized shareholder value as our clients examine their impact in ESG and how they can reduce their environmental footprint.”
Some of the firm’s recent ESG highlights include:
Environmental Impact 
  • Set ambitious science-based targets to reach net zero by 2050 across value chain emissions (scopes 1, 2 and 3) 
  • Between 2019 and 2021 achieved:
  • 8.6% absolute reduction and 13% reduction per million square feet in scope 1 and 2 (market-based) emissions
  • Measurement of relevant scope 3 categories
  • Formed a Global Sustainability Taskforce to drive sustainability initiatives across the firm
Social Impact
  • Earned recognition from the Human Rights Campaign, Forbes and Bloomberg for advancing diversity, equity and inclusion (DEI)
  • Continued to focus on building a more gender equal workplace, with women representing 40% of its global workforce, 42% of new hires, 43% of people managers and 22% of executives 
  • 45% of U.S. employees reported being racially/ethnically diverse
  • Spent $580M with 3,100+ diverse suppliers in North America, a 30%+ increase in spend over 2020
Governance Impact
  • 92% of employees completed Code of Business Conduct training
  • Continued to focus on increasing DEI at all levels of the organization, including the Board of Directors which is 40% women and 30% racially/ethnically diverse 
This year, the report was renamed from Corporate Social Responsibility (CSR) Report to reflect an increased emphasis on measurable actions and strategies, underlining its values with metrics that allow the firm to track progress and navigate the path forward. 
For example, Cushman & Wakefield is among the first group of companies to have its net zero emissions target approved by the Science Based Targets initiative (SBTi) (read more). The report details the firm’s progress toward reaching near-term targets that will set it on the path to reaching net zero emissions across its entire value chain by 2050, an area the firm has significant impact in given that the built environment accounts for approximately 40% of greenhouse gas emissions globally.  
Cushman & Wakefield has also expanded its reporting on diversity metrics, including the racial/ethnic diversity of its workforce in the U.S. and its Board of Directors, increasing its data transparency and holding the firm accountable to future disclosure. This update follows the appointment of the firm’s Chief Diversity, Equity & Inclusion Officer in late 2020.
The 2021 ESG Report serves as Cushman & Wakefield’s Communication on Progress for the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative, and demonstrates the firm’s commitment to six UN Sustainable Development Goals. Since 2018, the firm has aligned its strategies and operations with the UNGC’s ten principles in the areas of human rights, labor, environment and anti-corruption.
The report is prepared in accordance with the GRI Standards: Core option and contains disclosures recommended in the Real Estate Services standards that were developed by the Sustainability Accounting Standards Board (SASB).
Please click here to download the full report.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms in the world, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. In 2021, the firm had revenue of $9.4 billion across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit or follow @CushWake on Twitter. 

Related News

Under Our Umbrellas: Little Artists, Big Story
Under Our Umbrellas: Little Artists, Big Story

For some time, food assistance has been the priority for most of our charity campaigns, with donated goods usually coming in the forms of instant noodles, rice packages, and condiments... During a crisis, these goods prove to be the best options to solve an immediate need. But life goes on after a crisis. 


Catch 22 (image)
Asia Pacific Economy Forecast to Return to World-Leading Growth in 2022, Maintaining into 2023

The Asia Pacific economy is set to rebound in 2022 and regain top position in the second half of the year with an expected 4.5% real average annual GDP, according to Cushman & Wakefield’s latest report titled Catch ’22 - Asia Pacific Commercial Real Estate Outlook 2022.

Mandy Qian • 08/12/2021

China's 14th Five-Year Plan (image)
Cushman & Wakefield launch its THINK-IN report 2021- China’s 14th Five-Year Plan - What’s Next For Real Estate?

Cushman & Wakefield, a leading global real estate services firm, today released its THINK-IN report 2021 - China’s 14th Five-Year Plan - What’s Next For Real Estate.

Mandy Qian • 21/10/2021

Finance Sector (image)
The Finance Sector – Reforms and fintech to propel sector demand for leased office space in China

Cushman & Wakefield released its report titled The Finance Sector – Reforms and fintech to propel sector demand for leased office space in China.

Mandy Qian • 15/10/2021

Euromoney award (image)
Cushman & Wakefield Again Named Top Real Estate Advisor and Consultant Globally and in China by Euromoney

In the 2021 survey the firm was awarded a clean sweep of wins in China, Asia Pacific, and worldwide, in the four categories of Overall Agency, Valuation, Letting / Sales, and Research.

Mandy Qian • 16/09/2021

data center
Hong Kong's data center stands firmly in the market

Ranks the third most attractive data center location in APAC, Land supply increase through HSITP in the Lok Ma Chau Loop advisable


Outlook 2021 Retail
China Retail Supply/ Demand 2021 - Retail dynamism drives the market

Cushman & Wakefield, a leading global real estate services firm, recently released its report China Retail Supply/Demand 2021.


Nick Seaton and Dawn Koo
Cushman & Wakefield Promotes Two Senior Leaders in its Global Occupier Services Business in Asia Pacific

Nick Seaton and Dawn Koo’s promotions reinforce the growth of the firm’s integrated portfolio management services.


Manufacturing Risk Index (image)
China Strengthens Position as Most Attractive Manufacturing Hub

China has strengthened its leading position as the most attractive manufacturing hub globally, according to Cushman & Wakefield’s 2021 Global Manufacturing Risk Index.

Mandy Qian • 18/08/2021

investment card
CRE investment activity back on the rise. Half-year transaction volume increased by 97% y-o-y

Industrial buildings and development sites being sought after - Hotels show potentials of long-term appreciation.


With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All