2023 Sustainability Report

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

2023 SUSTAINABILITY REPORT | 36

Our Approach 2023 Performance by Target

Waste and Water

Environmental Management

Climate Risk and Resilience Stories of Progress

STORIES OF PROGRESS

Integrating 100%Recyclable Paper in Portland, Oregon

The Operations and Marketing teams in Portland, Oregon, reviewed their copy paper and found that it comprised only 30% recycled material from post consumer waste (PCW). Because recycled paper is more environmentally friendly, the team explored alternatives with higher recycled content. In April 2023, they switched to an alternative brand that is 100% recycled and sourced from an approved vendor. By switching to more environmentally friendly paper, the Portland office saved the following resources over a 12-month period, calculated using the Environmental Paper Network Paper Calculator tool :

Additionally, the Portland office avoided .05 acres of forest disturbance according to the Environmental Paper Network Paper Calculator tool. Their paper usage is declining, but the Portland office aims to do more. In 2024, they plan to offer training and resources as well as strategically placed informational signage to promote more resource efficiency and integrate their learnings across Cushman & Wakefield offices. To improve cost effectiveness of the program, our procurement team also negotiated a 21% cost reduction for the recycled paper product ordered through our supplier.

“Scan to Plant” Initiative in Portugal Cushman & Wakefield Portugal launched a green initiative to reduce paper consumption and at the same time plant trees. The main goal of the “Scan to Plant” initiative is to eliminate all printed brochures from the Portugal offices through a QR code system. Each client who visits our offices and wants to access a brochure is asked to scan the QR code at our reception desk. For every 10 scans, Cushman & Wakefield will plant a tree. In 2023, our Portugal offices planted 300 trees.

1.4 million BTUs of energy

0.6 U.S. short tons of wood (trees) 1,450 pounds of CO 2 12 pounds of solid waste

260 gallons of water