Newmark Group Inc

Common Name
Newmark Group
Country
United States
Sector
Real Estate
Industry
Real Estate Services
Employees
8,400
Ticker
NMRK
Exchange
NASDAQ/NGS
Description
Newmark Group Inc. is a prominent player in the commercial real estate sector, offering a comprehensive suite of real estate services to clients worldwide. Its primary function is to provide strategic...

Newmark Group's GHG Emissions Data Preview

In 2023, Newmark 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) and Scope 2 (indirect emissions from purchased energy).

However, Newmark Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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a
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a
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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Verified Sources Behind Newmark Group’s Greenhouse Gas (GHG) Emissions Data

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a. Newmark Group's ESG Data Spreadsheet 2023
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Insights into Newmark Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Newmark Group amounted to 7,629 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 2022, the total operational greenhouse gas (GHG) emissions of Newmark Group increased by 6.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Newmark Group's Scope 1 Emissions Over Time

2022202304008001.2 k1.6 ktCO2e-31%
  • Total Scope 1
  • Year-over-Year Change

What are Newmark Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Newmark Group were 1,104 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Newmark Group's Scope 1 emissions decreased by 30.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Newmark Group's Scope 2 emissions?

In 2023, Newmark Group reported Scope 2 greenhouse gas (GHG) emissions of 6,525 tCO₂e using the location-based method. a

Has Newmark Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Newmark Group's Scope 2 emissions (Location-Based) rose by 16.58% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Newmark Group use for Scope 2 reporting?

In 2023, Newmark Group reported its Scope 2 emissions using the location-based method. a

Newmark Group's Scope 2 Emissions Over Time

2022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
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