Newmark Group Inc
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Newmark Group’s Greenhouse Gas (GHG) Emissions Data
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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
- 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
- Total Scope 2 Location-Based
Insights into Newmark Group’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Newmark Group reported Scope 1 greenhouse gas (GHG) emissions of 1,104 tCO₂e and total revenues of USD 2,470 millions. This translates into an emissions intensity of 0.45 tCO₂e per millions USD. a
Newmark Group's Scope 1 Emissions Intensity Compared to Peers
How does Newmark Group's GHG emissions intensity compare to its peers?
In 2023, Newmark Group reported a Scope 1 emissions intensity of 0.45 tCO₂e per millions USD. Compared to the peer group median of 6.9 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Newmark Group rank on GHG emissions intensity within its industry?
In 2023, Newmark Group ranked 2 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Newmark Group among the top performers, with one of the lowest emissions intensities relative to peers. a