2022 Environmental Social Governance (ESG) Report
SUSTAINABILITY STRATEGY & SERVICES
DELIVERING SUSTAINABILITY SOLUTIONS FOR OUR CLIENTS
The impact we make for our clients is shown through our effective solutions that add sustainable value to buildings and projects. The below section includes examples of solutions we provide that add sustainable value for our clients:
AMERICAS ELITE EFFORTS IN ENERGY EFFICIENCY In 2022, Cushman & Wakefield earned ENERGY STAR® certification for approximately 200 U.S. buildings, making us an Elite Member of Certification Nation, a special acknowledgement the Environmental Protection Agency (EPA) offered for their 30th anniversary. “Elite” is the highest tier in this award based on the number of buildings certified in 2022. In 2023, we were also named an ENERGY STAR Partner of the Year by the EPA for the 11th consecutive year, earning the Sustained Excellence distinction for the 9th year for continued outstanding leadership. Additionally, our U.S. Asset Services Energy & Sustainability Services (ESS) team is leading a campaign to increase the number of managed office properties reporting data in ENERGY STAR Portfolio Manager and therefore better inform sustainability goals. The free online benchmarking tool helps (1) measure and track energy, greenhouse gas, water and waste performance for our internal Cushman & Wakefield reporting efforts, (2) measure data for our clients to apply toward their own goals and (3) comply with local and state benchmarking regulations where applicable or pending. By increasing our insights into the performance of properties, onsite teams will be able to analyze trends and take corrective action to reduce consumption and costs for our clients. OUR U.S. SUSTAINABILITY & ENERGY SERVICES TEAM MAKING A DIFFERENCE FOR CLIENTS The ESS team completed several successful client projects in 2022, providing tailored solutions and action plans to help a variety of clients make progress towards their sustainability goals:
> In Washington, D.C., the ESS team audited The Westory, an 11-story office building with an original 1906 facade and more recent redevelopments that enlarged the building’s energy footprint. Cushman & Wakefield was brought on to assess The Westory and develop a plan to comply with new city ordinances. Our team completed an audit of energy usage and implemented low- and no-cost savings measures for the owner, New York Life Real Estate Investors, and helped inform their decision to execute strategies that are expected to reduce energy usage 20% by 2026 in order to help meet applicable city ordinances. The ESS team continues to provide consulting services to meet this target, and they helped The Westory earn ENERGY STAR® certification in 2022.
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