CBRE Launches $7+ Million Community Impact Initiative
Key Focuses Include Climate Change, Education and Workforce Development to Prepare Racially Diverse and Disadvantaged Populations for Real Estate Careers
December 16, 2021
CBRE Group, Inc. (NYSE: CBRE) today announced a $7.25 million commitment to help combat climate change globally, improve educational and career development opportunities for racial minorities and disadvantaged populations across the U.S., and support community betterment efforts in its headquarters city of Dallas.
The community impact initiative reflects CBRE’s strong commitment to helping businesses, people and communities thrive. It is being funded by CBRE and the CBRE Foundation, Inc., the company’s philanthropic arm.
“CBRE thrives when the communities in which we live and work thrive,” said Bob Sulentic, the company’s president and chief executive officer. “That’s why we are fervently committed to playing a larger role in helping to address urgent global issues like slowing the planet’s warming and pressing local issues like ensuring that Dallas’s most disadvantaged young people are given every opportunity to forge healthy, happy and productive lives.”
“CBRE’s success – today and in the future – depends on drawing from the widest possible talent pool, so we have a vested interest in supporting programs across the country that prepare diverse and underrepresented people for flourishing careers in commercial real estate,” Mr. Sulentic added.
Information about the significant financial contributions being made to non-profit organizations can be found here.
About CBRE Foundation, Inc.
CBRE Foundation, Inc., is a non-profit, public-benefit corporation. The Foundation supports local and global charitable initiatives and oversees the governance and execution of CBRE Cares, CBRE’s corporate philanthropic program. CBRE Foundation is managed by a Board of Directors and Officers, which are both comprised of representatives from CBRE’s business segments and corporate functions.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.