Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Newmark Global Corporate Services awarded a Silver Sustainability Rating by EcoVadis.
• Converted three Newmark-occupied facilities to renewable energy contracts and renegotiated three extensions, offsetting 8,292,308 lbs. of CO2.
• Developed a 2.1MW distributed solar project in Valencia, California, generating 4,025,336 kWh of renewable electricity per year.
• Performed LED retrofits resulting in an annual reduction of 676,327 KWh and +/- 374,583 lbs. of CO2.

Social Achievements

• Ranked #1 on LinkedIn’s 2022 “Top Companies in Real Estate” list.
• Partnered with the National Minority Supplier Diversity Council to incorporate their 15,000 certified minority suppliers into the supplier bid process.
• Implemented a Pace University Bridge Program providing training in commercial real estate fundamentals and related skills.

Governance Achievements

• Established an ESG Executive Committee and an ESG Champions Council.
• Implemented a global anti-bribery and corruption policy.
• Maintained a Total Recordable Incident Rate (TRIR) well below real estate averages.

Climate Goals & Targets

Environmental Challenges

• Minimizing future carbon footprint during office renovations.
• Increasing use of renewable energy, conserving water, and reducing waste generation.

Mitigation Strategies

• Working with landlords and property management teams to collect energy data and implement energy efficiency initiatives.
• Investigating the purchase of renewable energy supply in deregulated markets.
• Considering green lease options for all newly leased space.

Supply Chain Management

Responsible Procurement

• Partnered with the National Minority Supplier Diversity Council.

Climate-Related Risks & Opportunities

Physical Risks

• Water risks (quantity and quality)
• Flooding

Awards & Recognition

• EcoVadis Silver Medal Sustainability Rating