Sustainability Governance
Oversight and governance of our Net Zero goal and Climate Transition Strategy sits at the highest levels of our organization, starting with the Board of Directors and leadership in all business segments. Our Board of Directors has direct oversight of sustainability and social responsibility issues, including climate-related risks and opportunities, under the leadership of CBRE’s Chair & CEO, Chief Sustainability Officer and SVP of Corporate Sustainability and Reporting.
CBRE’s Commitment to Sustainability and Environmental Sustainability Policy guide our approach. Our Sustainability Operating Standards and Climate Transition Strategy outline expectations and actions for implementing sustainability practices. CBRE’s Sustainability Operating Standards address renewable energy, embodied carbon, biodiversity and social value. These policies and standards apply to all CBRE global business segments, excluding Turner & Townsend.
CBRE’s 2023 Corporate Responsibility report (issued in May 2024) includes information aligned with Task Force for Climate-Related Financial Disclosures (TCFD) recommendations on pages 138-147. These disclosures provide additional insight on climate-related governance; scenario analysis; risks and opportunities; impact on business, strategy and financial planning; organizational resilience; and metrics and targets. Some of the data in the report differs from information in our Climate Transition Strategy (issued December 2024).