2022 Environmental Social Governance (ESG) Report
ENVIRONMENT
ENERGY AND GHG EMISSIONS [302-1, 302-3, 305-1, 305-2, 305-3, 305-4] We remain steadfast in our commitment to reduce our energy consumption and GHG emissions across our operations and our business. Impactful initiatives that support this commitment include our efforts to optimize space, collect meaningful data that helps us analyze and plan our energy usage in smarter ways, and procure renewable energy for our own leased office portfolio and in our managed spaces (on behalf of clients). ENERGY CONSUMPTION In 2022, our offices consumed approximately 208,643 gigajoules (GJ) of direct and purchased energy, including electricity, steam, cooling and natural gas. This represents a 23% decrease from 2021. We attribute this observed decrease to improvements in data collection allowing for more precise measurements and the identification of offices that do not use heating fuels such as natural gas (among other activities). We also consumed 167,591 GJ of fuel from our mobile sources (for example, our mobile engineering vehicles used to provide facilities services)—this represents a 12% increase from 2021. This observed increase is largely due to the recent inclusion of fleet vehicles outside the United States into our emissions accounting process. Office energy use intensity remains a key metric for us to track year over year. In 2022, Cushman & Wakefield’s global average office energy use intensity (EUI), measured as total office energy consumption per square foot, was 15.82 kWh/sf/ year. This represents a 22% decrease from 2021, largely driven by improved data collection.
Total Energy Consumption
100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000
Gigajoules (GJ)
0 50,000
2019
2020
2021
2022
Natural gas/fuel oil
Mobile fuels Electricity
Note: Energy consumption for cooling and steam are too small to include in the chart above.
Office Energy Intensity by Region (kWh/sq. ft./year)
2022
2021
2020
2019
0
5
10
15
20
25
Total
Americas APAC* EMEA
CUSHMAN & WAKEFIELD 2022 ESG REPORT | 37
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