Los Angeles, March 9, 2015 – CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2015 World’s Most Ethical Company® by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. This is the second year in a row CBRE has been recognized by the Ethisphere Institute.
CBRE was recognized for its strong corporate culture focused on commitments ethics and compliance as well as responsible business practices.
“CBRE’s selection as a World’s Most Ethical Company is a powerful statement about our corporate culture,” said Bob Sulentic, president and chief executive officer of CBRE. “Our people have a rigorous focus on adhering to the highest standards of professional conduct while creating advantage for our clients. They are also highly dedicated to serving the communities where they live and work.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework developed over years of research to provide a means to assess an organization’s performance in an objective, consistent and standardized way. Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%).
“The World’s Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World’s Most Ethical Companies recognition involves more than just an outward facing message or a handful of senior executives saying the right thing,” said Timothy Erblich, Ethisphere’s chief executive officer. “Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at CBRE for this extraordinary achievement.”
About Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with the publication of Ethisphere Magazine and The World’s Most Ethical Companies Executive Briefing. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs. More information about Ethisphere can be found at: http://ethisphere.com.
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 and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 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 website at www.cbre.com.