2023 Sustainability Report

INTRODUCTION OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS ABOUT THIS REPORT APPENDICES

2023 SUSTAINABILITY REPORT | 19

Client Sustainability Services

Our Approach Thought Leadership Innovation and Technology

Stories of Progress

Scale and Size Matter Our sustainability offerings benefit from our global presence and the advantages of scale. While we have a large footprint, we believe we have the structure and processes in place to be nimble and accessible to our clients. Our agility makes us an optimal partner for investors and occupiers who demand custom services to meet their unique needs. Moving Beyond the Foundational Core of Commercial Real Estate Our work goes beyond the nuts and bolts of core commercial real estate. Sustainability is increasingly woven into a broader scope of services, such as valuation, capital markets, project management, project development and leasing. Our sustainability teams provide tailored services at all points along the maturity continuum of sustainability implementation. Some of the activities our sustainability team engaged in during 2023 encompass: CRITICAL DECISION-MAKING > Decisions on identifying and mitigating climate risk: There is increasing demand for the value Cushman & Wakefield brings to business-critical decision-making on real estate. For example, we advise large clients on difficult-to-relocate sites that are business critical and are exposed to climate change risks such as storms and floods. We help build these considerations into capital plans, leasing objectives and potential relocation strategies. We are also working on risk mitigation with insurers. > Advising on sustainability aspects of large transactions: The mandates received by asset managers and real estate investors increasingly encompass sustainability criteria. Consequently, our brokers receive questions about the sustainability credentials of assets from their clients as they carry out due diligence for large capital investments. As a result, our sustainability team members

are increasingly asked to participate in sales pitches as part of the investor’s advisory team. Potential buyers require quick turn-around advice on financial details related to sustainability performance, reporting and certification criteria. They also often require analysis on the required expenditures to mitigate climate risk or to achieve their emissions reduction targets. ADDRESSING GHG EMISSIONS REDUCTION > Helping clients to “think bigger” about GHG emissions: Many organizations have established programs to address Scope 1 and 2 GHG emissions, but devising a plan to reduce Scope 3 GHG emissions requires a shift to more expansive thinking that takes into account the entire value chain of an enterprise. In addition to supporting emissions measurement, our sustainability team helps companies think beyond operations emissions to develop action plans for the next phase in their climate journeys. > Conducting net-zero planning for logistics portfolios in China: Cushman & Wakefield established an in-depth partnership with cold storage warehouse operator Metcold Group to provide emissions reduction planning services for part of the group’s logistics portfolios, comprising 12 multi-temperature warehouse assets in several locations with a total area of nearly one million square meters. To meet Metcold’s net-zero goals, our sustainability team developed a multi-temperature net-zero plan informed by Science Based Targets initiative (SBTi) and aligned with the GHG Protocol global standards. It included customized action plans and management tools, and provided localized, implementable and replicable benchmark cases for the green transformation and zero-carbon development of the cold storage industry. The proposal won Sustainability Achievement of the Year at the 2023 RICS China Awards. For additional examples of how we are adding sustainable value for our clients, see here.

OUR SUSTAINABILITY IMPACT IN 2023 590+ sustainable building certifications completed by Cushman & Wakefield for client buildings 60,120+ buildings that we provided energy and sustainability services to, totaling approximately 1.13 billion sf 2024 ENERGY STAR® Partner of the Year, Sustained Excellence Award 225+ Sustainability experts 686 Energy ratings completed

More information can be found on our Sustainability Services webpage, including more detail on our accredited professionals and building certifications.

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