2022 Environmental Social Governance (ESG) Report

SUSTAINABILITY STRATEGY & SERVICES

APAC

GROWING COMCROP’S ROOFTOPS The Cushman & Wakefield Project & Development Services (PDS) Singapore team developed a commercially scalable urban rooftop greenhouse and farming complex for ComCrop. Spanning over 23,000 sf of an industrial rooftop at Woodlands Loop in the industrial north of the island, the team was engaged to provide project and cost management, construction and assembly of the greenhouse growing structures, seeding and nursery rooms, automated machinery and growing technology, and the installation of plumbing, drainage and ancillary facilities. The PDS team assisted the client and partnering sponsors with completing the first stage of construction in an ambitious two-month timeframe. We also ensured that certain milestones for farm production were achieved to qualify for local agriculture grant funding, helping to ensure the viability of this project for years to come.

DRIVING NET ZERO BY 2040 FOR CLIENTS IN GREATER CHINA MHL Supply Networks (Asia) Limited, a leading cold and dry logistics storage portfolio sponsored by Macquarie Asset Management and Metcold, has committed to achieving net zero GHG emissions by 2040. To support their targets, our sustainability professionals in Greater China have formulated net zero abatement plans, developed roadmaps tailored to their portfolio assets, established emissions targets, delivered customized tools, and completed financial impact assessments. Together, these initiatives powerfully demonstrate our client’s commitment and contribution towards driving practical climate solutions. TAILORING A ROADMAP FOR ESG The Asset Services teams in the U.S. and Australia initiated their ESG consulting support for KBS in May 2022. The team performed a materiality assessment to identify material ESG topics and completed a GRESB-aligned gap analysis to establish an organizational ESG baseline for the commercial real estate manager. The results of the analysis provided an understanding of how KBS and its stakeholders define and act on ESG to best execute a tailored ESG strategy and roadmap. The team also prepared a GRESB mock submission and improvement plan to optimally position KBS for its first 2023 submission.

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