2023 Sustainability Report

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

2023 SUSTAINABILITY REPORT | 25

Our Approach

2023 Performance by Target

Waste and Water

Environmental Management

Climate Risk and Resilience Stories of Progress

Our Approach

CUSHMAN &WAKEFIELD'S CLIMATE PROGRESS

WE DRIVE NET ZERO by developing and implementing strategies to reduce our environmental impacts — particularly emissions from our operations and value chain. We engage our stakeholders, including both our vendors and our clients, to mitigate environmental impacts across our value chain.

Published first Non-Financial and Sustainability Information Statement, including a climate risk assessment conducted by a third-party provider Identified and analyzed physical risks (chronic and acute) and transition risks, and conducted scenario risk analysis

2023

Why do our climate initiatives matter? According to the World Green Building Council , real estate annually generates nearly 40% of the world’s carbon emissions. Considering this statistic, our services are climate-change-related. As a leader in the commercial real estate industry, Cushman & Wakefield has a unique opportunity to reduce GHG emissions through the services we provide our clients, and through a thoughtful climate strategy across our own operations. How are we driving forward for our planet? Cushman & Wakefield is committed to being a responsible steward of the environment. This means striving to conduct our operations and delivering our products and services with the highest standard of environmental care. We aim to integrate climate considerations into our operations, business practices and service offerings. We strive to identify environmental risks and opportunities associated with our business. We engage and educate our employees on our sustainability efforts and monitor and report our performance . We have set science-based targets for GHG emissions reductions across our value chain, which were validated by the SBTi. For further details, please see Cushman & Wakefield’s Global Environment Policy . How is it aligned with our business objectives? Our environmental commitments are aligned with our business strategy as we support our clients across the commercial real estate value chain to define and achieve their own decarbonization objectives. We also embed climate change mitigation and resilience considerations related to our operations into our business strategy.

Continued to build out reporting ecosystems (Salesforce Net Zero Cloud)

Development of a detailed GHG emissions roadmap

2022

Commitment to Net Zero by 2050 validated by SBTi (targets were pledged through Race to Zero campaign, and aligned with SBTi’s Business Ambition for 1.5°C)

Climate change resilience evaluation incorporated into building selection process for our own operations

Develop and implement climate strategy and systems

Set and publicly announced science-based targets for GHG emissions reductions across the value chain, which were validated by SBTi ; we were among the first companies with approved net-zero targets Expanded Scope 3 GHG emissions measurement and disclosure; annual limited assurance of GHG emissions began Measured and later third-party verified Scope 1, 2 and 3 emissions as a baseline for our science-based targets Early efforts to measure, calculate and report our GHG emissions are published in our archived reports here

2021 to present

2021

2020

Define climate risks and opportunities

2019

2019 to present

2016 2018

Measure and communicate performance

2016 to present

To read about our client sustainability services, please see the Better for Our Clients chapter in this report.