2023 Sustainability Report

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

2023 SUSTAINABILITY REPORT | 34

Climate Risk and Resilience

Our Approach 2023 Performance by Target

Waste and Water

Environmental Management

Stories of Progress

Climate Risk and Resilience Climate change has been identified as a potential risk to Cushman & Wakefield and its business operations. The topic is addressed at the company’s highest level of governance with engagement from the Board of Directors and its committees.

Understanding Our Climate Risk and Opportunity To better understand the potential implications and magnitude of climate-related impacts, and in compliance with the Taskforce for Climate related Financial Disclosure framework (TCFD), in 2023 we conducted a climate risk and opportunity assessment, carried out by our internal teams and expert external partners. We leveraged this assessment to prepare our first Non-Financial and Sustainability Information Statement in early 2024. The findings encompassed in this report enable us to integrate climate change mitigation and resilience considerations into our business and ESG strategies. physical and transition climate-related risks and opportunities. The process of identifying climate related risks and opportunities was conducted via qualitative and quantitative risk assessments and scenario analyses and considered short-term (0–3 years), medium-term (4–10 years) and long term (greater than 10 years) time horizons. The analysis engaged internal stakeholders and involved assessing the significance of

The Nominating and Corporate Governance Committee oversees ESG goal and target setting and receives quarterly updates on ESG topics. In 2023, the Chief Investment Officer reported to the full Board on climate-related risks and opportunities and related activities. See the Better for Our Business chapter for more information on ESG governance. The Board’s Audit Committee oversees climate related disclosures, including those made in this report, and has regular interactions with members of management on risk management and strategy around climate-related risk and the evolving disclosure landscape. As a company incorporated in the UK, we have been required to disclose our GHG emissions and other aspects of our environmental policies annually since 2018 in compliance with the UK Companies Act 2006. Each member of our Board of Directors is responsible for the fulfillment of this regulatory requirement and reviews climate-related disclosures in the Strategic Report and Directors’ Report of our UK Annual Report for the year ended December 31, 2023. In 2023, we provided climate-related disclosures that are consistent with the Companies (Strategic Report) (Climate related Financial Disclosure) Regulations 2022 and the supporting non-binding guidance from the Department for Business, Energy, and Industrial Strategy in our UK Annual Report, which can be viewed in full on our webpage or in summary below.