Los Angeles – August 13, 2012 – CBRE Group, Inc. announced today it has joined the Center for Climate and Energy Solutions’ (C2ES) Business Environmental Leadership Council (BELC), the largest US-based association of corporations focused on addressing the challenges of climate change.
“Our partnership with C2ES is a reflection of our longstanding, leading environmental commitment,” says Larry Midler, CBRE’s Executive Vice President responsible for the company’s Corporate Responsibility and Sustainability programs. “At CBRE, we recognize the responsibility that comes with our industry leadership position. We look forward to engaging with C2ES and other businesses in the BELC to advance solutions related to climate change.”
CBRE adopted a new environmental sustainability policy in July 2012 committing to measure and report its internal carbon footprint as well as supply chain emissions by 2013. The company will also develop standards and policies to reduce energy and resource consumption and waste production and report those results. For areas under the company’s control, CBRE will establish annual reduction targets and verify progress through continued development of environmental management programs. It is also taking steps to establish at least 70% of its corporate facilities over 20,000 square feet in space or buildings with recognized green building standards by 2017.
“Buildings provide a huge energy efficiency opportunity, and as the global commercial real estate leader, CBRE will join other BELC members delivering effective solutions that work for the environment and the economy,” said C2ES President Eileen Claussen. “The BELC’s growth from 13 original members in 1998 to 36 today is a testament to the business community’s commitment to addressing climate change. CBRE recognizes that this issue isn’t going away, and we commend them for taking an active role in helping to meet our climate and energy challenges.”
Launched in 1998 with 13 companies, the BELC now has 36 members representing over $2 trillion in combined revenue and more than 3.5 million employees. Membership includes mainly Fortune 500 companies representing a diverse group of industries including energy, automobiles, manufacturing, chemicals, metals, mining, forest products, consumer goods and high technology. Individually and collectively, these companies are demonstrating that it is possible to take action to address energy and climate challenges while maintaining competitive excellence, growth, and profitability.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
The Center for Climate and Energy Solutions (C2ES) is an independent non-profit, non-partisan organization promoting strong policy and action to address the twin challenges of energy and climate change. Launched in November 2011, C2ES is the successor to the Pew Center on Global Climate Change, long recognized in the United States and abroad as an influential and pragmatic voice on climate issues. C2ES is led by Eileen Claussen, who previously led the Pew Center and is the former U.S. Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs.