RVBA-CBREReal Estate Services

CBRE Group — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (2/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

P&L highlights (USD)

Headcount (FTE)	155,000people
Revenue	40.6B
Cost of revenue	(34.5B)
Gross profit	6.1B
Operating expenses (S&M + G&A)	(4.8B)
Operating income	1.3B
Net income	1.2B

Balance sheet highlights (USD)

Property, plant & equipment	3.1B
Total assets	30.9B
Total debt	7.6B
Cash & equivalents	1.9B
Minority interest	748M

Market & shares

Market cap (FY-end)	47.9B
Shares outstanding	298.2M

2024

P&L highlights (USD)

Headcount (FTE)	140,000people
Revenue	35.8B
Cost of revenue	(28.7B)
Gross profit	7B
Operating expenses (S&M + G&A)	(5.6B)
Operating income	1.4B
Net income	968M

Balance sheet highlights (USD)

Property, plant & equipment	2.1B
Total assets	24.4B
Total debt	4.2B
Cash & equivalents	1.1B
Minority interest	781M

Market & shares

Market cap (FY-end)	40.2B
Shares outstanding	305.9M

2023

cdp response ↗

P&L highlights (USD)

Headcount (FTE)	130,000people
Revenue	31.9B
Cost of revenue	(25.7B)
Gross profit	6.3B
Operating expenses (S&M + G&A)	(5.2B)
Operating income	1.1B
Net income	986M

Balance sheet highlights (USD)

Property, plant & equipment	1.9B
Total assets	22.5B
Total debt	3.5B
Cash & equivalents	1.3B
Minority interest	800M

Market & shares

Market cap (FY-end)	28.7B
Shares outstanding	308.4M

2022

cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	48,337
Scope 2 (market-based)	38,449
Scope 3	71.5M
Cat 1 · Purchased goods	10M
Cat 6 · Business travel	19,724
Cat 7 · Employee commuting	57,861
Cat 8 · Upstream leased	3,987
Cat 15 · Investments	326,795
Gross carbon footprint	71.6M
Net carbon footprint	71.6M

Energy (kWh)

Renewable energy %

18%

P&L highlights (USD)

Headcount (FTE)	115,000people
Revenue	30.8B
Cost of revenue	(24.2B)
Gross profit	6.6B
Operating expenses (S&M + G&A)	(5.1B)
Operating income	1.5B
Net income	1.4B

Balance sheet highlights (USD)

Property, plant & equipment	1.9B
Total assets	20.5B
Total debt	2.2B
Cash & equivalents	1.3B
Minority interest	753M

Market & shares

Market cap (FY-end)	24.8B
Shares outstanding	322.8M

Events 2022· 3

Transitioned to WIOD-based supply chain emissions tracking

In 2022, CBRE transitioned to an industry-leading supply chain dashboard built on the World Input-Output Database (WIOD) to enhance tracking of purchased goods and services emissions.

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Boundary expansion: full electricity of occupied footprint included

CBRE rebaselined emissions for 2019-2022 to include full electricity usage of occupied footprint, including shared building services as Scope 2, landlord shared services as Scope 3 Upstream Leased Assets, and client-related activity in Scope 3 Purchased Goods. Increases reported emissions; more honest reporting.

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Third-party limited assurance on Scope 1, 2, 3 emissions (ISO 14064-3)

CBRE's 2022 GHG inventory (Scope 1, Scope 2 location-based, and Scope 3 categories: PG&S, FERA, business travel, employee commuting) received limited assurance per ISO 14064-3.

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2021

Climate · carbon footprint (tCO2e)

Scope 1	49,818
Scope 2 (market-based)	42,803
Scope 3	72.8M
Cat 1 · Purchased goods	10.2M
Cat 6 · Business travel	14,544
Cat 7 · Employee commuting	35,847
Cat 8 · Upstream leased	4,026
Cat 15 · Investments	288,906
Gross carbon footprint	72.9M
Net carbon footprint	72.9M

Energy (kWh)

Renewable energy %

15%

P&L highlights (USD)

Headcount (FTE)	105,000people
Revenue	27.7B
Cost of revenue	(21.6B)
Gross profit	6.2B
Operating expenses (S&M + G&A)	(4.5B)
Operating income	1.6B
Net income	1.8B

Balance sheet highlights (USD)

Property, plant & equipment	1.9B
Total assets	22.1B
Total debt	2.8B
Cash & equivalents	2.4B
Minority interest	830.9M

Market & shares

Market cap (FY-end)	36.4B
Shares outstanding	335.2M

Events 2021· 4

Third-party limited assurance to ISO 14064-3 across Scopes 1, 2, 3

Scope 1, Scope 2 (location and market), and key Scope 3 categories received third-party limited assurance under ISO 14064-3.

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Restated 2020 Scope 3 use-of-sold-products emissions

Upon reviewing data for Scope 3: Use of Sold Products emissions, CBRE found 2020 was overreported and corrected/restated the 2020 figure (now 54,109,904 tCO2e).

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Acquisition of Intego A/S (Denmark)

At end of Q2 2021, CBRE finalized acquisition of Intego A/S in Denmark (850+ employees, 16 locations), integrated into Global Workplace Solutions. Baseline adjustments to 2019-2021 emissions account for this acquisition (Scope 1, 2; Scope 3 Cat 6, 7, 8).

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Net zero by 2040 commitment

In 2021, CBRE announced its commitment to achieve net zero carbon emissions by 2040, encompassing own operations, managed properties, and supply chain.

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2020

Climate · carbon footprint (tCO2e)

Scope 1	63,946
Scope 2 (market-based)	41,696
Scope 3	70.7M
Cat 1 · Purchased goods	8.1M
Cat 6 · Business travel	14,816
Cat 7 · Employee commuting	45,538
Cat 8 · Upstream leased	4,173
Cat 15 · Investments	249,129
Gross carbon footprint	70.8M
Net carbon footprint	70.8M

P&L highlights (USD)

Headcount (FTE)	100,000people
Revenue	23.8B
Cost of revenue	(19B)
Gross profit	4.8B
Operating expenses (S&M + G&A)	(3.9B)
Operating income	969.8M
Net income	752M

Balance sheet highlights (USD)

Property, plant & equipment	1.8B
Total assets	18B
Total debt	2.8B
Cash & equivalents	1.9B
Minority interest	427.3M

Market & shares

Market cap (FY-end)	21B
Shares outstanding	335.2M

Events 2020· 5

SBTi-validated 1.5°C aligned targets set (2019 baseline)

In 2020, CBRE set science-based targets approved by SBTi: 68% absolute reduction in Scope 1+2 by 2035 from 2019 baseline; 79% per sq ft reduction for occupier-managed buildings; 67% per sq ft for landlord/owner-managed buildings.

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SBTi intensity targets for managed buildings (Scope 3 Cat 11)

Two science-based intensity targets covering Scope 3 Category 11 (use of sold products): 79% reduction in tCO2e/sqft for occupier-managed buildings and 67% reduction for investor-managed buildings, by 2035 from 2019 base year.

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100% renewable electricity by 2025

CBRE committed to consuming 100% renewable electricity in its operations by 2025, supporting Scope 2 reduction.

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SBTi-validated 1.5°C target: 68% reduction in Scope 1+2 by 2035 (2019 base)

CBRE committed to reducing scope 1 and 2 GHG emissions 68% by 2035 from a 2019 base year. Target approved by Science Based Targets initiative and aligned with 1.5°C.

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100% renewable electricity by 2025 target

CBRE set goal to purchase 100% renewable electricity for corporate offices by end of 2025, supporting Scope 2 reductions toward SBT.

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