Mr. Jay Hennick reports
COLLIERS RELEASES GLOBAL IMPACT REPORT REINFORCING COMMITMENT TO ELEVATE THE BUILT ENVIRONMENT
Colliers International Group Inc. has released its 2021 global impact report, highlighting the firm's performance and continuing commitment to deliver resilient buildings, inclusive workplaces, and spaces that promote health and well-being for its professionals, clients and communities.
Key 2021 performance highlights include:
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110 million square feet of green-certified properties under management;
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87 million square feet of green-certified construction managed;
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262 green certifications held by Colliers professionals;
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39 per cent of Colliers's global work force are women;
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11 industry inclusiveness awards.
Building on last year's inaugural report, Colliers took important steps to create
elevate the built environment, a strong global impact strategy, and firm multiyear goals against the strategy's three pillars: the environment, inclusiveness, and health and well-being. The 2021 global impact report also includes baseline assessments of Colliers's scope 1 and 2 emissions and was produced in accordance with Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosure (TCFD) frameworks to ensure strong governance of Colliers's ESG (environmental, social governance) programs.
"The world's major challenges require a bold response from businesses -- and we have an important role to play. Our 2021 global impact report articulates the ambitious actions we are taking, the substantial progress we have made on our ESG journey over the last year and how we will continue to push ourselves to accelerate where we can make a difference," said Jay Hennick, global chairman and chief executive officer. "Doing what's right is how we operate at Colliers. As we look to the future, living our purpose -- to maximize the potential of property and real assets -- with thoughtful attention to ESG will positively impact our changing world."
In 2021, Colliers committed to emissions reductions through the Science-Based Targets initiative's (SBTi) Business Ambition for 1.5-degree Celsius program; achieving net zero for its own operations (scopes 1 and 2) by 2030; and establishing an advisory framework to help building owners, investors and occupiers achieve net zero. Earlier this year, Colliers announced a goal to have 40 per cent female employees over all and in manager roles in its regional, investment management and mortgage businesses by 2025. Additional bold targets outlined in the 2021 global impact report are:
- Baselining its purchasing from diverse suppliers in 2022 and set an ambitious goal for 2025;
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Joining Well Portfolio in 2022 and achieving Well Health-Safety certification for all Colliers offices by 2025;
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Offering Well, Fitwel or equivalent certification to all eligible property management and occupier clients beginning in 2023;
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Establishing Colliers volunteer days, focused on April, to support the environment, inclusiveness, and health and well-being -- targeting 15,000 days annually.
"Our strategy and targets are grounded in our belief that the built environment can make a positive impact on people's lives. We are doing more every day to weave ESG into the fabric of our organization and unify our efforts to make our clients' workplaces -- and our own -- more sustainable, inclusive and healthy," said Sean Drygas, global lead, ESG and impact. "Our priorities are to grow and scale our sustainability and well-being services across our business lines and geographies, as well as focus on the projects required to meet our bold targets."
About Colliers
International Group Inc.
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries, its 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, its experienced leadership with significant inside ownership has delivered compound annual investment returns of 20 per cent for shareholders. With annual revenues of $4.3-billion and $57-billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of its clients, its investors and its people.
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