2023 Sustainability Report

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

2023 SUSTAINABILITY REPORT | 98

TOTAL EMISSIONS AND EMISSIONS INTENSITY

2023 Total Emissions and Emissions Intensity

2019

2020

2021

2022

2023

Scope 1 emissions (tCO 2 e)

15,686

15,809

15,665

17,529

15,599

Scope 2 emissions (tCO 2 e) (location-based)

21,177

20,602

17,482

13,690

12,570

Scope 2 emissions (tCO 2 e) (market-based)

21,697

21,535

18,518

7,389

5,671

Scope 3 emissions excluding Category 11 (tCO 2 e)

368,059

332,099

380,741

397,731

339,767

Scope 3 emissions (tCO 2 e)

19,266,054

18,790,202

25,182,842

14,574,775

9,263,047

Total scope 1, 2 (market-based) and 3 emissions (tCO 2 e)

19,303,438

18,827,546

25,217,025

14,599,693

9,284,318

Scopes 1, 2 (market-based) and 3 excluding Category 11 emissions intensity (tCO 2 e / headcount)

8.42

7.39

8.29

8.01

6.96

Scope 1, 2 (market-based) and 3 emissions intensity (tCO 2 e / headcount)

401

377

504

277

179

Scope 1 and 2 (market-based) office emissions per tsf of office space

11.19

9.69

9.20

6.80

6.31

Notes:

> We calculated our GHG emissions inventory (Scopes 1, 2 and 3) in accordance with the GHG Protocol Corporate Accounting Standard using an operational control boundary across all years reported. The GHG Protocol defines the operational control approach to include operations where the company has the full authority to introduce and implement operating policies. Scope 1 and scope 2 emissions from all global owned and leased facilities and vehicles worldwide are included in our inventory. > Scope 1 emissions include stationary combustion of fuels in our buildings and combustion of transportation fuels in our mobile fleet. Fuel consumption quantity is measured or estimated, where unavailable, and emissions are calculated using the most up-to-date emission factors available for each source type. > Scope 2 emissions include indirect purchased energy for consumption in our buildings. Electricity and district utility consumption quantity is measured or estimated, where unavailable, and emissions are calculated using both a location- and market-based method using the most up-to-date emission factors available. > We measure and report our scope 3 emissions for purchased goods and services, capital goods, fuel- and energy-related activities, waste generated in operations, business travel (commercial air and rail), employee commuting, the use of sold products, and investments in accordance with the GHG Protocol Corporate Value Chain (scope 3) standard. > The base year used for calculations is 2019. > Cushman & Wakefield did not receive third-party verification of the greenhouse gas emissions reductions claims included in this report. However, Cushman & Wakefield did receive third-party verification of certain underlying data. Cushman & Wakefield received third-party verification of the Scope 1, 2 and 3 GHG emissions disclosed in this report. Verification was performed by an independent third party, Apex Companies, LLC. > We do not calculate biogenic CO 2 emissions. > Emission factor sources include, but are not limited to: > Stationary & Mobile Combustion: U.S. EPA Emission Factor Hub, U.K. Government > U.S. Electricity: U.S. EPA eGRID Emission Factors, Green-e Residual Mix, Utility Supplier-Specific Factors > International Electricity: IEA Emission Factors, U.K. Government, AIB European Residual Mix, Utility Supplier-Specific Factors > Purchased Goods and Services & Capital Goods: U.S. EPA Office of Research and Development, Supply Chain GHG Emission Factors for U.S. Industries and Commodities, Metadata

> Fuel-and Energy-Related Activities: U.S. EPA eGrid, IEA T&D Losses > Waste Generated in Operations: U.S. EPA Emission Factors Hub