CBRE Group Inc

Common Name
CBRE Group
Country
United States
Sector
Real Estate
Industry
Real Estate Services
Employees
140,000
Ticker
CBRE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CBRE Group Inc. operates as a leading commercial real estate services and investment firm globally. The company's primary purpose is to offer a broad array of real estate solutions, sector-driven insi...

CBRE Group's GHG Emissions Data Preview

In 2024, CBRE Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

CBRE Group has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind CBRE Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CBRE Group’s data sources below and access millions more through our Disclosure Search.

a. CBRE Group's Corporate Responsibility Report (CRR) 2024
a. CBRE Group's Corporate Responsibility Report (CRR) 2024
b. CBRE Group's Corporate Responsibility Report (CRR) 2020
b. CBRE Group's Corporate Responsibility Report (CRR) 2020

Insights into CBRE Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CBRE Group amounted to 101,070 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CBRE Group increased by 4.55%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

CBRE Group's Scope 1 Emissions Over Time

2018201920202021202220232024020 k40 k60 k80 ktCO2e+73%-20%-26%0%+23%+5%
  • Total Scope 1
  • Year-over-Year Change

What are CBRE Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CBRE Group were 60,995 metric tons of CO₂ equivalent (tCO₂e). a

Has CBRE Group reduced its Scope 1 emissions over time?

Since 2018, CBRE Group's Scope 1 emissions have increased by 32.4%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), CBRE Group's Scope 1 emissions increased by 5.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CBRE Group's Scope 2 emissions?

In 2024, CBRE Group reported Scope 2 greenhouse gas (GHG) emissions of 27,431 tCO₂e using the market-based method and 40,075 tCO₂e using the location-based method. a

Has CBRE Group reduced its Scope 2 emissions over time?

Since 2018, CBRE Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 63.98%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), CBRE Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CBRE Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does CBRE Group use for Scope 2 reporting?

In 2024, CBRE Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

CBRE Group's Scope 2 Emissions Over Time

2018201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CBRE Group's Value Chain Emissions

In 2024, CBRE Group reported 17,230,140 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of CBRE Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

CBRE Group's Scope 3 Emissions Over Time

201820192020202120222023202408.5 M17 M25.5 M34 MtCO2e+106637%+59%-43%-2%-8%-2%
  • Total Scope 3
  • Year-over-Year Change

What are CBRE Group's Scope 3 emissions?

In 2024, CBRE Group reported total Scope 3 emissions of 17,230,140 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 31.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 68.48% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has CBRE Group reduced its Scope 3 emissions over time?

Since 2018, CBRE Group's Scope 3 emissions have increased by 86,119.68%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), CBRE Group's Scope 3 emissions remained relatively stable, indicating that CBRE Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does CBRE Group disclose?

In 2024, CBRE Group reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of CBRE Group's Scope 3 emissions?

In 2024, the largest contributors to CBRE Group's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 10,602,710 tCO₂e (61.54%)
  • Purchased Goods and Services (Cat. 1): 5,209,901 tCO₂e (30.24%)
  • Investments (Cat. 15): 1,196,588 tCO₂e (6.94%)

CBRE Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(30.2%)Use of Sold Products(Cat. 11)(61.5%)Investments(Cat. 15)(6.9%)

Insights into CBRE Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CBRE Group reported Scope 1 greenhouse gas (GHG) emissions of 60,995 tCO₂e and total revenues of USD 35,768 millions. This translates into an emissions intensity of 1.71 tCO₂e per millions USD. a

CBRE Group's Scope 1 Emissions Intensity Compared to Peers

1050010,000200,00010,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)WeyerhaeuserYear: 2023Scope 1: 400,000 tCO2eRevenue: $M 7,674Scope 1 Intensity: 52.12 tCO2e/$MSun CommunitiesYear: 2023Scope 1: 38,505 tCO2eRevenue: $M 3,179Scope 1 Intensity: 12.11 tCO2e/$MRMR GroupYear: 2023Scope 1: 2,394,468 tCO2eRevenue: $M 962Scope 1 Intensity: 2,488.23 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MJones Lang LaSalleYear: 2024Scope 1: 35,444 tCO2eRevenue: $M 23,433Scope 1 Intensity: 1.51 tCO2e/$MNewmark GroupYear: 2023Scope 1: 1,104 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.45 tCO2e/$MAmerican TowerYear: 2024Scope 1: 365,725 tCO2eRevenue: $M 10,127Scope 1 Intensity: 36.11 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MAvalonBay CommunitiesYear: 2024Scope 1: 21,335 tCO2eRevenue: $M 2,914Scope 1 Intensity: 7.32 tCO2e/$MEssex Property TrustYear: 2024Scope 1: 28,969 tCO2eRevenue: $M 1,774Scope 1 Intensity: 16.33 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MCentury CommunitiesYear: 2023Scope 1: 10,562 tCO2eRevenue: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MSL Green RealtyYear: 2023Scope 1: 3,991 tCO2eRevenue: $M 914Scope 1 Intensity: 4.37 tCO2e/$MInvitation HomesYear: 2022Scope 1: 5,158 tCO2eRevenue: $M 2,238Scope 1 Intensity: 2.30 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MStarwood Property TrustYear: 2022Scope 1: 6,823 tCO2eRevenue: $M 1,450Scope 1 Intensity: 4.71 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MPotlatchdelticYear: 2024Scope 1: 45,000 tCO2eRevenue: $M 1,062Scope 1 Intensity: 42.37 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MCBRE GroupYear: 2024Scope 1: 60,995 tCO2eRevenue: $M 35,768Scope 1 Intensity: 1.71 tCO2e/$M

How does CBRE Group's GHG emissions intensity compare to its peers?

In 2024, CBRE Group reported a Scope 1 emissions intensity of 1.71 tCO₂e per millions USD. Compared to the peer group median of 5.8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does CBRE Group rank on GHG emissions intensity within its industry?

In 2024, CBRE Group ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places CBRE Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into CBRE Group's Total Carbon Footprint

In 2024, CBRE Group reported a total carbon footprint of 17,331,210 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.59% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to CBRE Group's total carbon footprint was Scope 3 emissions, accounting for 99.42% of the company's total carbon footprint, followed by Scope 1 emissions at 0.35%. a

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