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SECTORS / GICS-602010

Real Estate Services · Real Estate Advisory, Brokerage & Property Management

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Real estate advisory firms (CBRE, JLL, Knight Frank, Cushman & Wakefield, Savills) are people-leveraged service businesses. Their direct footprint is consulting-like; their real influence is what they advise clients to buy, build, and operate.

Companies tracked
5
Phase 2 cohort
With SBTi target
0/ 5
0% coverage
Median operational intensity
999.59tCO2e / $m OpEx
from 3 firms · USD-normalised
Reporting years
2020–2030
latest disclosed per firm
SBTi coverage
0%of 5 firms

Where this sector sits globally

Median operational intensity (Carbon / USDm OpEx) per sector · log scale · click any dot to switch
9 sectors · this sector 999.6
10
100
1.0k
10k
100k
1.0M
Real Estate Services (n=3) · 999.59 ↓
← cleanest: Consulting (25.2)dirtiest: Utilities — Electricity (309.8k) →
Key carbon drivers
  • Office energy
    HQ + branch network energy. Grid-bound for most.
    Scope 1 + 2
  • Business travel
    Site visits, client meetings, market tours.
    Scope 3 · cat 6
  • Property-management fleet
    Vans + cars for FM-style services where the firm operates the buildings (CBRE Global Workplace Solutions, JLL Property Management).
    Scope 1
  • Purchased goods + IT
    Cloud + IT services + back-office contracts.
    Scope 3 · cat 1 + cat 2
Scope references follow the GHG Protocol Corporate Standard + Scope 3 Standard.
Reference transition plan
SBTi 1.5°C corporate + Better Buildings Partnership

No sector-specific SBTi pathway. Most majors align via SBTi general 1.5°C corporate. Better Buildings Partnership (UK) and ULI Greenprint (global) coordinate landlord-tenant decarbonisation.

Methodology
MethodologyWhy advisory carbon is small but influence is huge
Direct emissions sit in the 1-5 tCO2e/FTE range — same shape as consulting. The bigger story is the advice given: which buildings to acquire, what fit-out to specify, what energy contract to sign. Reverberate tracks the direct footprint here; downstream influence shows up in the REIT + Construction sector pages.

Sector benchmarks · headline intensities

Per-company latest year · USD-normalised at 12-month average rates · snapshot 2026-05-05
5 firms in cohort

Each strip shows where every firm in the cohort sits on one intensity axis. Lower is better — left of the strip is best, right is worst. Each peer dot tooltips its value and the year it came from. Financial denominators are converted to USD before computing so cross-currency comparisons are apples-to-apples.

Revenue intensity

Carbon / USDm revenue
n=3 · median 438.84 · IQR 254.69–708.58 · years 2023–2025
0.00
154
307
461
615
769
922
1.1k
median 438.84

Operational intensity

Carbon / USDm OpEx
n=3 · median 999.59 · IQR 505.70–2104.96 · years 2023–2025
0.00
504
1.0k
1.5k
2.0k
2.5k
3.0k
3.5k
median 999.59

Economic intensity

Carbon / USDm EVIC
n=2 · median 871.04 · IQR 588.56–1153.52 · years 2023–2025
0.00
226
451
677
903
1.1k
1.4k
1.6k
median 871.04

Asset intensity

Carbon / USDm PP&E + leased
n=3 · median 5719.98 · IQR 3186.31–12092.60 · years 2023–2025
0.00
2.9k
5.8k
8.7k
12k
15k
17k
20k
median 5719.98

Workforce intensity

Carbon / FTE
n=4 · median 0.43 · IQR 0.34–0.65 · years 2022–2025
0.00
0.19
0.39
0.58
0.78
0.97
1.2
1.4
median 0.43

Companies · 5 firms

+ Add company
RVB IDCompanyTickerSubtypeHQRevenueOperationalEconomicAssetWorkforceSources
RVBA-CBRECBRE GroupCBREReal Estate - ServicesUnited States438.843210.33306.085719.980.45
SBTiCDPReport
RVBA-COLLIColliers InternationalCIGIReal Estate - ServicesCanada————1.24
SBTiCDPReport
RVBA-CUSHMCushman & WakefieldCWKReal Estate - ServicesUnited States978.33999.591436.0018465.230.41
SBTiCDPReport
RVBA-JLLJones Lang LaSalleJLLReal Estate - ServicesUnited States—————
SBTiCDPReport
RVBA-SAVILSavillsSVSReal Estate - ServicesUnited Kingdom70.5411.81—652.640.12
SBTiCDPReport

Reference carbon factors · Real Estate Services

Authoritative benchmark factors curated from published sources. Citation-anchored · pre-pilot vintage · refreshed manually as new releases land.

Below sit every reference factor relevant to a real estate services firm. Use these as starting points when you need to estimate emissions for a category the cohort doesn't disclose, or to spot-check disclosed figures against the consensus range. Each value is anchored to the published source — click any source slug to open the citation.

No carbon-factor reference set built yet for Real Estate Services.

Sectors currently populated: management consultancy, cloud infrastructure, marketing & advertising, IT hardware laptops, agriculture (tea / dairy / eggs). To add a sector, map the procurement category inweb/src/lib/carbon-factors/procurement-to-industry.ts.