CBRE Partners With Emitwise To Collect Greenhouse Gas Emissions Data
CBRE, a leading real estate services and investment firm, has partnered with Emitwise, a carbon accounting software provider, to collect greenhouse gas emissions data. This collaboration aims to provide CBRE clients and suppliers with precise data to calculate their carbon impacts more accurately and identify areas for decarbonization. CBRE will also make a strategic investment in Emitwise, expecting the partnership to contribute to its net-zero strategy by tracking and reducing Scope 3 emissions. This new initiative reflects CBRE’s commitment to sustainability and the importance of addressing environmental concerns in the real estate industry.
CBRE Partners With Emitwise To Collect Greenhouse Gas Emissions Data
CBRE Group, Inc. (CBRE), a global leader in real estate services, has announced a strategic partnership with Emitwise, a carbon accounting software provider. The purpose of this partnership is to gather greenhouse gas emissions data from CBRE’s supply chain and assist its suppliers in carbon accounting. By partnering with Emitwise, CBRE aims to improve the accuracy of carbon impact calculations and gain better insight into its value chain.
Partnership Announcement
CBRE’s partnership with Emitwise is a significant step towards achieving its sustainability goals. By working together, CBRE and Emitwise can collect precise data on greenhouse gas emissions, enabling them to make informed decisions on reducing their carbon footprint. This partnership reflects CBRE’s commitment to sustainability and its dedication to promoting environmental responsibility in the real estate industry.
Gathering Greenhouse Gas Emissions Data
Through its partnership with Emitwise, CBRE will be able to gather comprehensive greenhouse gas emissions data from its supply chain. This data will provide valuable insights into the environmental impact of CBRE’s operations and help identify areas for improvement. By collecting this data, CBRE can take proactive measures to reduce its carbon footprint and contribute to global efforts to combat climate change.
Assisting Suppliers in Carbon Accounting
One of the key benefits of CBRE’s partnership with Emitwise is the ability to assist its suppliers in carbon accounting. Emitwise’s carbon accounting software provides accurate and reliable data on greenhouse gas emissions, making it easier for CBRE’s suppliers to calculate their carbon impacts. This assistance helps suppliers better understand their environmental impact and supports their efforts to implement sustainable practices.
Access to Precise Data
By partnering with Emitwise, CBRE gains access to precise and reliable data on greenhouse gas emissions. This data is essential for accurately measuring and assessing the environmental impact of CBRE’s operations. It allows CBRE to make informed decisions about areas that require improvement and prioritize initiatives that will have the greatest positive effect on reducing their carbon footprint.
Calculating Carbon Impacts
Accurate calculations of carbon impacts are crucial for organizations like CBRE that are committed to sustainability. Emitwise’s carbon accounting software enables CBRE to calculate its carbon impacts with precision and accuracy. By having a clear understanding of its environmental impact, CBRE can develop effective strategies to reduce its carbon footprint and promote sustainability within the real estate industry.
Focus on Decarbonization
In line with global efforts to combat climate change, CBRE is placing a strong emphasis on decarbonization. The partnership with Emitwise allows CBRE to identify areas within its operations that contribute to greenhouse gas emissions and develop targeted strategies to decarbonize these areas. By reducing its carbon footprint, CBRE can play a significant role in achieving a sustainable future and mitigating the impact of climate change.
Insight into Value Chain
CBRE’s partnership with Emitwise provides valuable insight into its value chain. By collecting data on greenhouse gas emissions throughout its supply chain, CBRE can identify opportunities to improve sustainability practices among its suppliers. This insight allows CBRE to work collaboratively with its suppliers to reduce overall emissions and create a more environmentally responsible value chain.
Strategic Investment in Emitwise
As part of the partnership, CBRE will also make a strategic investment in Emitwise. This investment reflects CBRE’s confidence in Emitwise’s capabilities and its commitment to supporting innovative solutions in sustainability. By investing in Emitwise, CBRE can further strengthen its position as a leader in sustainability within the real estate industry and contribute to the development of cutting-edge technologies that address climate change.
Tracking and Reducing Scope 3 Emissions
CBRE’s partnership with Emitwise will help track and reduce Scope 3 emissions. Scope 3 emissions refer to indirect emissions that occur as a result of an organization’s activities, but are produced by sources not owned or controlled by the organization. By accurately measuring and tracking Scope 3 emissions, CBRE can implement targeted strategies to reduce these emissions and minimize its overall carbon impact.
Contributing to Net Zero Strategy
The partnership between CBRE and Emitwise aligns with CBRE’s net zero strategy. CBRE is committed to achieving net zero carbon emissions across its operations, and the collaboration with Emitwise will play a vital role in this effort. By collecting precise data, identifying areas for improvement, and implementing effective strategies, CBRE can make significant progress towards its net zero carbon goals and contribute to a sustainable future.
In conclusion, CBRE’s partnership with Emitwise to collect greenhouse gas emissions data demonstrates its commitment to sustainability and environmental responsibility. By gathering precise data, assisting suppliers in carbon accounting, and focusing on decarbonization, CBRE is taking proactive steps to reduce its carbon footprint. With insights into its value chain and a strategic investment in Emitwise, CBRE is well-positioned to track and reduce Scope 3 emissions and contribute to its net zero strategy. This partnership highlights CBRE’s leadership in the real estate industry and its dedication to promoting sustainability and combating climate change.
Source: https://www.nasdaq.com/articles/cbre-partners-with-emitwise-to-collect-greenhouse-gas-emissions-data