Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

CBRE GROUP, INC.

(CBRE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

CBRE : Commits to Net Zero By 2040

09/20/2021 | 04:01pm EDT

CBRE Group, Inc. (NYSE: CBRE) today announced its commitment to achieve net zero carbon emissions by 2040. This commitment encompasses carbon emissions from CBRE’s own operations and the properties it manages for investors and occupiers, as well as indirect supply chain emissions.

“As the world’s largest manager of commercial real estate, we have a special obligation to help the world address the many challenges posed by the warming planet,” said Bob Sulentic, CBRE’s president and chief executive officer. “CBRE is deeply committed to doing our part and to working with our clients and across our vast global supply chain to help achieve net zero emissions as quickly as possible. This is an essential element of our commitment to the communities in which we operate.”

As a part of its 2040 net-zero emissions strategy, CBRE today signed The Climate Pledge, a commitment to achieving net-zero carbon 10 years ahead of the goal stated in the Paris Agreement. The Climate Pledge, co-founded by Amazon and Global Optimism, forms a cross-sector community of companies and organizations committed to net zero carbon by 2040, working together to take action to address the climate crisis and solve the challenges of decarbonizing our economy.

The net zero commitment builds on the company’s science-based emissions reduction target announced last year.

CBRE also recently signed the Business Ambition for 1.5°C commitment, a campaign led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the We Mean Business coalition.

Earlier this year, CBRE released its 2020 Corporate Responsibility Report, which highlights the company’s accomplishments as a commercial real estate industry leader in environmental, social and governance (ESG) matters. The report can be accessed at www.cbre.com/responsibility.

CBRE’s ESG performance recently earned the company a spot on the FTSE4Good Index for the eighth consecutive year. CBRE is ranked #22 on the 2021 Barron’s 100 Most Sustainable Companies list. The company is ranked #24 overall and is the top-ranked real estate company on 3BL Media’s 100 Best Corporate Citizens of 2021.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.


© Business Wire 2021
All news about CBRE GROUP, INC.
10/14U.S. supply chain too snarled for Biden Christmas fix, experts say
RE
10/05CBRE GROUP, INC. : Announces Details of Conference Call and Webcast for Third Quarter 2021..
BU
09/30CBRE Group, Inc. entered into a definitive agreement to acquire Bovis.
CI
09/28CBRE GROUP, INC. : to Present at the KBW Virtual CRE Conference
BU
09/27CBRE Announces Appointment of Simon Tanner as Senior Director in the Strategic Advisory..
CI
09/23CBRE : Canadian office vacancy rate hits highest level since 1994 in third quarter
AQ
09/21Google to buy more office space in NYC as big tech swoops down on real estate
RE
09/21Google to buy more office space in NYC as big tech swoops down on real estate
RE
09/21CBRE : Leads Global Investment Sales Activity in First Half of 2021
BU
09/20CBRE : Pledges to Achieve Net Zero Carbon Emissions by 2040
MT
More news
Analyst Recommendations on CBRE GROUP, INC.
More recommendations
Financials (USD)
Sales 2021 26 549 M - -
Net income 2021 1 559 M - -
Net Debt 2021 1 760 M - -
P/E ratio 2021 22,1x
Yield 2021 -
Capitalization 33 389 M 33 389 M -
EV / Sales 2021 1,32x
Capi. / Sales 2022 1,17x
Nbr of Employees 100 000
Free-Float 99,3%
Chart CBRE GROUP, INC.
Duration : Period :
CBRE Group, Inc. Technical Analysis Chart | CBRE | US12504L1098 | MarketScreener
Technical analysis trends CBRE GROUP, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 101,47 $
Average target price 111,71 $
Spread / Average Target 10,1%
EPS Revisions
Managers and Directors
Robert E. Sulentic President, Chief Executive Officer & Director
Emma Giamartino Chief Financial Officer & Chief Investment Officer
Brandon Bridges Boze Chairman
J. Christopher Kirk Global Chief Operating Officer
Chandra Dhandapani Chief Administrative Officer
Sector and Competitors
1st jan.Capi. (M$)
CBRE GROUP, INC.61.78%33 389
KE HOLDINGS INC.-64.22%26 224
ZILLOW GROUP, INC.-30.63%24 035
JONES LANG LASALLE INCORPORATED70.95%12 860
FIRSTSERVICE CORPORATION38.23%8 540
EVERGRANDE PROPERTY SERVICES GROUP LIMITED-42.73%7 116