2021 Environmental Social Governance (ESG) Report

Energy and GHG Emissions

(302-1, 302-3, 305-1, 305-2, 305-3, 305-4)

We consume energy and generate direct GHG emissions (scope 1) through stationary and mobile fuel combustion and indirect GHG emissions (scope 2) through purchased energy at our office facilities. We are also seeking to measure GHG emissions associated with all relevant scope 3 categories, including:

Category 1 , Purchased goods and services

Category 2 , Capital goods

Category 3 , Fuel- and energy-related activities

Category 5 , Waste generated in operations

Note: Energy consumption for cooling and steam are too small to include in the chart above.

Category 6 , Business travel (air & rail)

We continued to focus on our office energy intensity in 2021. In 2021, Cushman & Wakefield’s global average office energy use intensity (EUI), measured as total office energy consumption per square foot, was 20.3 kWh/sq.ft./year. There was a slight increase (1%) in office energy intensity from 2020 to 2021, due to an increase of square footage in regions with high energy intensity.

Category 7 , Employee commuting

Category 11 , Use of sold products

Category 15 , Investments*

In 2021, we verified scope 1, scope 2, and scope 3 Category 6, business travel (air & rail) GHG emissions. Going forward, we seek to verify all relevant scope 3 emissions on an annual basis. Verification was performed by an independent third party, Apex Companies, LLC. A copy of the Assurance Statement is available here . In 2021, our offices consumed approximately 271,372 gigajoules (GJ) of direct and purchased energy, including electricity, steam, cooling and natural gas—a 2.4% decrease from 2020. We also consumed 149,710 GJ of fuel from our mobile sources (for example, our mobile engineering vehicles used to provide facilities services)—a 2% increase from 2020. The observed decrease in energy usage is due to a 4% overall decrease in office square footage. *Scope 3, Category 15 – Investments is just below the Science Based Targets initiative's (SBTi) material threshold in 2021. We plan to calculate our scope 3, Category 15 emissions and include them in our scope 3 inventory beginning in 2022. Energy Consumption

Office Energy Intensity by Region (kWh/sq. ft./year)

TOTAL

Americas

APAC

EMEA

0

5

10

15

20

25

2021

2020 2019

GHG Emissions

Cushman & Wakefield has an opportunity to make a significant impact on reducing GHG emissions associated with CRE, both in our own operations and through services provided to our clients.

CUSHMAN & WAKEFIELD 2021 ESG REPORT | 69