In 2024, Savills 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).
Savills has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Savills amounted to 6,879 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 Savills decreased by 5.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Savills were 1,923 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Savills's Scope 1 emissions have increased by 8.34%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Savills's Scope 1 emissions remained relatively stable, indicating that Savills's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Savills reported Scope 2 greenhouse gas (GHG) emissions of 3,637 tCO₂e using the market-based method and 4,956 tCO₂e using the location-based method.a
Since 2019, Savills's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.24%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Savills's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Savills's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Savills reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Savills reported 202,434 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 Savills includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Savills reported total Scope 3 emissions of 202,434 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 50.25% of these emissions originated from upstream activities such as purchased goods and capital goods, while 49.75% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Savills's Scope 3 emissions remained relatively stable, indicating that Savills's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Savills reported emissions for 7 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.
In 2024, the largest contributors to Savills's Scope 3 emissions were:a
In 2024, Savills reported Scope 1 greenhouse gas (GHG) emissions of 1,923 tCO₂e and total revenues of USD 3,017 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD.a
In 2024, Savills reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 3.94, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Savills ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Savills among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Savills reported a total carbon footprint of 209,313 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Savills's total carbon footprint was Scope 3 emissions, accounting for 96.71% of the company's total carbon footprint, followed by Scope 2 emissions at 2.37%.a