{"id":872784,"date":"2025-08-07T11:48:07","date_gmt":"2025-08-07T15:48:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-announces-renewed-science-based-greenhouse-gas-emissions-reduction-targets\/"},"modified":"2025-08-07T11:48:07","modified_gmt":"2025-08-07T15:48:07","slug":"cushman-wakefield-announces-renewed-science-based-greenhouse-gas-emissions-reduction-targets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-announces-renewed-science-based-greenhouse-gas-emissions-reduction-targets\/","title":{"rendered":"Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCushman &amp; Wakefield (NYSE: CWK), a leading global commercial real estate services firm, today announced renewed science-based greenhouse gas (GHG) emissions reduction targets that raise the bar on climate ambition across its operations and the client properties it manages worldwide.<\/p>\n<p>\nThe updated targets introduce higher emissions reduction objectives and a refined methodology for addressing the Scope 3 emissions that make up the vast majority of its value chain footprint.<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Cushman &amp; Wakefield Operations:<\/b> Reduce absolute Scope 1 and 2 GHG emissions across Cushman &amp; Wakefield corporate offices and operations by 73.1% by 2034. This target reflects an increase in ambition following strong progress toward the firm\u2019s original 50% reduction goal that was set for 2030.\n<\/li>\n<li><b>Managed Client Properties:<\/b> Reduce Scope 3 GHG emissions by 66.3% per square foot of managed area for clients by 2034. This new intensity\u2011based target replaces the firm\u2019s previous Scope 3 client engagement commitment with a more robust emissions\u2011intensity metric aligned to the performance of properties the firm manages on its clients\u2019 behalf which are within Cushman &amp; Wakefield\u2019s operational control boundary.\n<\/li>\n<li><b>Net-Zero Value Chain:<\/b> Maintain commitment to reach net\u2011zero emissions across the entire value chain (Scopes 1, 2 and 3) by 2050 in line with the Science Based Targets initiative (SBTi) Corporate Net\u2011Zero Standard.\n<\/li>\n<\/ul>\n<p>\n\u201cSince first setting science\u2011based targets in 2021, we\u2019ve worked hard to reduce our own operational footprint and help clients decarbonize the buildings they own and occupy,\u201d said Jessica Francisco, Cushman &amp; Wakefield\u2019s Chief Sustainability Officer. \u201cWith these renewed targets, we are reaffirming our progress to date and our intent to go further, faster.\u201d<\/p>\n<p>\nCushman &amp; Wakefield established its first near\u2011term, SBTi\u2011approved targets in September 2021 and, in July 2022, became one of the first companies to have a net\u2011zero target approved under the SBTi\u2019s Corporate Net\u2011Zero Standard. In the years since, the firm has continued to invest in data management improvements, renewable electricity procurement and partnering with clients to deliver shared, sustainable value. These efforts, among others, have informed the firm\u2019s decision to commit to the next generation of targets.<\/p>\n<p>\nThe firm intends to report annually on progress toward its 2034 targets through its annual Sustainability Report, in addition to other voluntary and regulatory disclosures, as applicable. Cushman &amp; Wakefield believes these targets are important in the global effort to mitigate the adverse impacts of climate change and will assess them as necessary, based on SBTi guidelines and the evolution of the firm\u2019s strategy.<\/p>\n<p>\n\u201cOur clients are asking for data\u2011driven pathways to net zero. By expanding our Scope 3 target from an engagement metric to an emissions intensity target, we\u2019re aligning our services and accountability with what matters most\u2014real decarbonization in the built environment,\u201d said Francisco.<\/p>\n<p>\nLearn more about sustainability at Cushman &amp; Wakefield and read the firm\u2019s recently published 2024 Sustainability Report <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cushmanwakefield.com%2Fen%2Fabout-us%2Fsustainability&amp;esheet=54305014&amp;newsitemid=20250807717989&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=96c219ea8dca2fd55e68dd3b1b25257c\">here<\/a>.<\/p>\n<p><b>About Cushman &amp; Wakefield<\/b><\/p>\n<p>\nCushman &amp; Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that <i>Better never settles<\/i>, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cushmanwakefield.com&amp;esheet=54305014&amp;newsitemid=20250807717989&amp;lan=en-US&amp;anchor=www.cushmanwakefield.com&amp;index=2&amp;md5=8e25aa8db9b8950f47a7a54aa7a3ea03\">www.cushmanwakefield.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250807717989r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250807717989\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250807717989\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<\/b><\/p>\n<p><b>Annie Wood<br \/>\n<\/b><br \/>Corporate Communications<br \/>\n<br \/>+1 817 456 6209<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:annie.wood@cushwake.com\">annie.wood@cushwake.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Illinois New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property Sustainability Environment Environmental, Social and Governance (ESG) Climate Change Environmental Health Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250807717989\/en\/669112\/3\/CW_Logo_Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets NEW YORK&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK), a leading global commercial real estate services firm, today announced renewed science-based greenhouse gas (GHG) emissions reduction targets that raise the bar on climate ambition across its operations and the client properties it manages worldwide. The updated targets introduce higher emissions reduction objectives and a refined methodology for addressing the Scope 3 emissions that make up the vast majority of its value chain footprint. Cushman &amp; Wakefield Operations: Reduce absolute Scope 1 and 2 GHG emissions across Cushman &amp; Wakefield corporate offices and operations by 73.1% by 2034. This target reflects an increase in ambition following strong progress toward the firm\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-announces-renewed-science-based-greenhouse-gas-emissions-reduction-targets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-872784","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-announces-renewed-science-based-greenhouse-gas-emissions-reduction-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cushman &amp; Wakefield Announces Renewed Science-Based Greenhouse Gas Emissions Reduction Targets NEW YORK&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK), a leading global commercial real estate services firm, today announced renewed science-based greenhouse gas (GHG) emissions reduction targets that raise the bar on climate ambition across its operations and the client properties it manages worldwide. The updated targets introduce higher emissions reduction objectives and a refined methodology for addressing the Scope 3 emissions that make up the vast majority of its value chain footprint. Cushman &amp; Wakefield Operations: Reduce absolute Scope 1 and 2 GHG emissions across Cushman &amp; Wakefield corporate offices and operations by 73.1% by 2034. 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