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Cushman & Wakefield has introduced new environmental goals in an effort to reduce carbon emissions across its portfolio.
The company aims to achieve net-zero emissions across its entire value chain by 2050 by addressing both its own and its clients environmental impact.
“Furthering our environmental commitment is necessary for our business, clients and the planet,” said John Forrester, president of Cushman & Wakefield. “Rising to that challenge within our own real estate and the portfolios of our clients with stretching goals is the central task to deliver a sustainable built environment. With buildings generating a very significant portion of the world’s carbon emissions, we see an enormous opportunity to influence the future and generate a more positive impact on the environment.”
Cushman & Wakefield revealed that its targets have been approved by the Science Based Targets initiative (SBTi) which certifies that companies have set reduced emission goals that abide by the latest climate science.
Along with its reduction goals, the firm also said it would reach its net-zero emissions target through SBTi’s Business Ambition for 1.5°C campaign, which is an alliance of UN agencies, businesses, and industry leaders who are working to limit global warming to 1.5°C above pre-industrial levels.
The company plans to focus on reducing emissions from its corporate operations, business travel, employee commuting, and facilities that it manages for clients.
“It’s critical that we challenge the business community to look at the bigger picture and appreciate that our work goes beyond the present moment and will impact generations to come,” said Forrester.
