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
2441.79tCO2e / $m OpEx
from 1 firms · USD-normalised
Reporting years
2020–2025
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
8 sectors · this sector 2.4k
10
100
1.0k
10k
↑ Real Estate Services (n=1) · 2441.79
← cleanest: Consulting (29.6)dirtiest: Real Estate Services (2.4k) →
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=1 · median 2322.03 · IQR 2322.03–2322.03
0.00
365
730
1.1k
1.5k
1.8k
2.2k
2.6k
median 2322.03

Operational intensity

Carbon / USDm OpEx
n=1 · median 2441.79 · IQR 2441.79–2441.79
0.00
384
767
1.2k
1.5k
1.9k
2.3k
2.7k
median 2441.79

Economic intensity

Carbon / USDm EVIC
n=1 · median 2460.10 · IQR 2460.10–2460.10
0.00
387
773
1.2k
1.5k
1.9k
2.3k
2.7k
median 2460.10

Asset intensity

Carbon / USDm PP&E + leased
n=1 · median 38300.37 · IQR 38300.37–38300.37
0.00
6.0k
12k
18k
24k
30k
36k
42k
median 38300.37

Workforce intensity

Carbon / FTE
n=1 · median 0.75 · IQR 0.75–0.75
0.00
0.12
0.24
0.36
0.47
0.59
0.71
0.83
median 0.75

Companies · 5 firms

+ Add company
RVB IDCompanyTickerSubtypeHQRevenueOperationalEconomicAssetWorkforceSources
RVBA-CBRECBRE GroupCBREReal Estate - ServicesUnited States2322.032441.792460.1038300.370.75
SBTiCDPReport
RVBA-COLLIColliers InternationalCIGIReal Estate - ServicesCanada—————
SBTiCDPReport
RVBA-CUSHMCushman & WakefieldCWKReal Estate - ServicesUnited States—————
SBTiCDPReport
RVBA-JLLJones Lang LaSalleJLLReal Estate - ServicesUnited States—————
SBTiCDPReport
RVBA-SAVILSavillsSVSReal Estate - ServicesUnited Kingdom—————
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.