Commercial, Energy Efficiency, GHG Emissions  -  September 21, 2023

CBRE Enters into Partnership to Increase Emission Reductions

CBRE Group, Inc. announced a strategic partnership to collect GHG data from its supply chain and provide carbon accounting capabilities to its suppliers.

The commercial real estate services and investment firm entered into the partnership with Emitwise, a carbon accounting software provider. As part of the partnership, CBRE will make a strategic investment in Emitwise.

“Decarbonizing supply chains requires breakthroughs in using technology and data in new ways to simplify the challenges of managing complex value chains,” said Robert Bernard, CBRE Chief Sustainability Officer, in a statement. “We are excited to partner with Emitwise to help our clients reduce their carbon impact and support our efforts to decarbonize our own supply chain.”

The partnership with Emitwise enables suppliers to calculate more accurate carbon impacts and learn where to focus efforts to accelerate decarbonization. 

Clients of CBRE will gain better insight into their value chain at scale by having access to accurate data and larger impact decarbonization opportunities.

Emitwise will play a role in advancing CBRE’s net zero strategy by helping track and reduce Scope 3 emissions in both the company’s and its clients’ supply chains.

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