2023 Sustainability Report Summary
INTRODUCTION
OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS
2023 SUSTAINABILITY REPORT | 7
Our sustainability strategy is underpinned by our commitment to strong governance. We strive to operate with the highest level of integrity, and we aim to communicate on our progress openly and transparently. Materiality We conducted a materiality assessment in 2021 in accordance with Global Reporting Initiative (GRI) standards. Employees, clients, suppliers and other stakeholders provided input via a survey that resulted in the identification of 13 material ESG topics 6 that are central to our firm’s strategy and approach to ESG. Five additional topics are monitored since they were identified as important. This assessment has provided us with direction on how to prioritize different initiatives and allocate resources. As a best practice, Cushman & Wakefield intends to carry out a materiality assessment every few years. For this reason and as a step in complying with the European Union’s Corporate Sustainability Reporting Directive (CSRD), we plan to begin our first double materiality analysis in 2024. We also continually seek input from our stakeholders to reaffirm and refine the topics that are central to our strategy. See the Better for Our Business chapter of this report for more on our stakeholder engagement efforts.
ENVIRONMENTAL
SOCIAL
ECONOMIC/GOVERNANCE Priority > Business ethics and integrity > Economic performance > Innovation and technology
Priority > Energy and GHG emissions > Sustainability services > Climate change resilience Monitored > Water > Waste > Environmental compliance
Priority > Employee attraction and retention > Employee training and education > Occupational health and safety > Diversity and equal opportunity > Procurement > Supplier diversity and Responsible Sourcing
Monitored > Data privacy and security
> Non-discrimination > Employee well-being > Human rights
Monitored > Charitable giving and volunteering
More information can be found on our Environmental, Social and Governance (ESG) webpage, including our materiality matrix and a full description of our materiality assessment and topics.
7 “Materiality” as used throughout this report refers to the way “materiality” is used and described in the GRI Universal Standards. In this report, we are not using the terms "material" or "materiality" as they are used under the securities or other laws of the U.S. or any other jurisdiction, or as they are used in the context of financial statements and financial reporting. “Materiality,” for the purposes of this document should not, therefore, be read as equating to any use of the word in other Cushman & Wakefield reporting or filings.
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