Forbes Names CBRE a Net Zero Leader for Second Consecutive Year

CBRE Group, Inc. (NYSE:CBRE) has been named to Forbes’ Net Zero Leaders list for the second consecutive year. CBRE is the highest-ranked commercial real estate services company.

Forbes ranked 100 U.S. companies that are best positioning themselves to reduce their greenhouse-gas emissions and achieve a net zero future. The analysis looked at each company’s work to reduce its own carbon emissions as well as the emissions generated by their power suppliers, vendors and customers. The ranking considered the context of a firm’s industry, the location of its business operations, its company management structure and its financial strength to withstand industry competition and economic turbulence.

The Net Zero Leaders list was created using data from research providers Sustainalytics and Morningstar. It evaluated U.S. public companies with at least a $1 billion market valuation.

“We strive to lead by example as we have similar sustainability goals as our clients and face the same challenges that they do. Our approach is rooted in simplifying complexity to accelerate sustainability for the industry at scale. We have made notable progress in reducing emissions, and recognize there’s still much to be done,” said Rob Bernard, CBRE’s chief sustainability officer.

CBRE has committed to achieving net zero carbon emissions by 2040, encompassing emissions from its own operations, the properties it manages for clients and its supply chain.

This and other CBRE commitments are highlighted in its 2023 Corporate Responsibility Report, published in May.