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Newmark Group Inc

Common Name
Newmark Group
Country
United States
Sector
Real Estate
Industry
Real Estate Services
Employees
8,500
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 2024, 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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Newmark Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Newmark 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 Newmark Group’s data sources below and access millions more through our Disclosure Search.

a. Newmark Group's ESG Data Spreadsheet 2024
a. Newmark Group's ESG Data Spreadsheet 2024

Insights into Newmark Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Newmark Group amounted to 6,880 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 Newmark Group decreased by 12.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Newmark Group's Scope 1 Emissions Over Time

20222023202404509001.35 k1.8 ktCO2e-30%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Newmark Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Newmark Group were 950 metric tons of CO₂ equivalent (tCO₂e).a

Has Newmark Group reduced its Scope 1 emissions over time?

Since 2022, Newmark Group's Scope 1 emissions have decreased by 41.79%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Newmark Group's Scope 1 emissions decreased by 16.45%, 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 2024, Newmark Group reported Scope 2 greenhouse gas (GHG) emissions of 5,930 tCO₂e using the location-based method.a

Has Newmark Group reduced its Scope 2 emissions over time?

Since 2022, Newmark Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Newmark Group's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year (2023), Newmark Group's Scope 2 emissions (Location-Based) fell by 11.97% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Newmark Group use for Scope 2 reporting?

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

Newmark Group's Scope 2 Emissions Over Time

20222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based

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

In 2024, Newmark Group reported Scope 1 greenhouse gas (GHG) emissions of 950 tCO₂e and total revenues of USD 2,739 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD.a

Newmark Group's Scope 1 Emissions Intensity Compared to Peers

1020010,000200,00010,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Kennedy-Wilson HoldingsYear: 2023Scope 1: 12,989 tCO2eRevenue: $M 563Scope 1 Intensity: 23.09 tCO2e/$MPark Hotels & ResortsYear: 2023Scope 1: 59,383 tCO2eRevenue: $M 2,698Scope 1 Intensity: 22.01 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MCubeSmartYear: 2023Scope 1: 7,326 tCO2eRevenue: $M 1,050Scope 1 Intensity: 6.97 tCO2e/$MCBRE GroupYear: 2024Scope 1: 60,995 tCO2eRevenue: $M 35,768Scope 1 Intensity: 1.71 tCO2e/$MGaming and Leisure PropertiesYear: 2023Scope 1: 20 tCO2eRevenue: $M 1,444Scope 1 Intensity: 0.01 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MAlexandria Real Estate EquitiesYear: 2024Scope 1: 108,507 tCO2eRevenue: $M 3,050Scope 1 Intensity: 35.58 tCO2e/$MSBA CommunicationsYear: 2024Scope 1: 10,400 tCO2eRevenue: $M 2,680Scope 1 Intensity: 3.88 tCO2e/$MApple Hospitality REITYear: 2024Scope 1: 29,790 tCO2eRevenue: $M 1,431Scope 1 Intensity: 20.81 tCO2e/$MPebblebrook Hotel TrustYear: 2024Scope 1: 25,205 tCO2eRevenue: $M 1,453Scope 1 Intensity: 17.34 tCO2e/$MRMR GroupYear: 2023Scope 1: 2,394,468 tCO2eRevenue: $M 962Scope 1 Intensity: 2,488.23 tCO2e/$MEquity LifeStyle PropertiesYear: 2023Scope 1: 17,700 tCO2eRevenue: $M 1,404Scope 1 Intensity: 12.60 tCO2e/$MAmerican Healthcare REITYear: 2024Scope 1: 45,214 tCO2eRevenue: $M 2,071Scope 1 Intensity: 21.84 tCO2e/$MMid-America Apartment CommunitiesYear: 2024Scope 1: 6,242 tCO2eRevenue: $M 2,191Scope 1 Intensity: 2.85 tCO2e/$MHealthpeak PropertiesYear: 2024Scope 1: 71,829 tCO2eRevenue: $M 2,700Scope 1 Intensity: 26.60 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MJones Lang LaSalleYear: 2024Scope 1: 35,444 tCO2eRevenue: $M 23,433Scope 1 Intensity: 1.51 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MAmericold Realty TrustYear: 2024Scope 1: 94,310 tCO2eRevenue: $M 2,667Scope 1 Intensity: 35.37 tCO2e/$MCentury CommunitiesYear: 2023Scope 1: 10,562 tCO2eRevenue: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MNewmark GroupYear: 2024Scope 1: 950 tCO2eRevenue: $M 2,739Scope 1 Intensity: 0.35 tCO2e/$M

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

In 2024, Newmark Group reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 6.97, 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 2024, Newmark Group ranked 2 out of 23 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

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