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Business Wire
4 days ago
- Business
- Business Wire
Cushman & Wakefield Releases 2024 Sustainability Report
CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm's commitment to operational excellence and responsible business practices. The report highlights the firm's global impact across key sustainability areas during 2024 and progress on future targets that will help shape a more sustainable and inclusive future for its people, clients, planet and communities. Cushman & Wakefield, a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm's commitment to operational excellence and responsible business practices. Share Cushman & Wakefield prioritizes sustainability and continuously delivers on its commitment to embed sustainable practices into its operations and service offerings to help clients achieve their ambitious goals, strengthen their corporate reputation and reduce risks. The 2024 Sustainability Report highlights the firm's dedication to maintaining transparency, embracing accountability and driving ongoing progress across sustainability initiatives. 'We recognize the profound role we play in shaping a sustainable future for the built environment,' said Jessica Francisco, Chief Sustainability Officer at Cushman & Wakefield. 'Our 2024 Sustainability Report reflects the strides we've made toward reducing our carbon footprint, enhancing energy efficiency and fostering communities that thrive. We are particularly proud to have achieved our 2030 emissions reduction target for Scope 1 and 2 emissions six years ahead of schedule—a clear indication of the meaningful progress we are making. This milestone underscores our dedication to building a better, more sustainable future for generations to come.' Cushman & Wakefield's 2024 key sustainability achievements include: Provided sustainability services for 85,126 buildings totaling over 1.18 billion square feet Exceeded its target of a 50% reduction in Scope 1 and 2 market-based greenhouse gas emissions relative to a 2019 baseline, six years ahead of schedule Procured 87% of electricity for the firm's corporate offices from renewable sources Launched new company DRIVE (Driven, Resilient, Inclusive, Visionary and Entrepreneurial) values and purpose; 91% of employees reported understanding the DRIVE values in a subsequent engagement survey Launched a new Environment, Health and Safety (EHS) strategy and global 360 EHS model Performed 377 CHECKIT health and safety audits across the firm's operational activities 'At Cushman & Wakefield, advancing a more sustainable future is a strategic imperative that we have committed to delivering on for our business, clients and stakeholders,' said Nathaniel Robinson, Chief Investment & Strategy Officer at Cushman & Wakefield. 'By aligning our sustainability initiatives with our broader strategic priorities, we are building resilience, unlocking opportunities for growth, and setting a new benchmark for performance and responsibility across the commercial real estate industry.' The firm was recently named one of America's Climate Leaders 2025 by USA TODAY. Cushman & Wakefield's 2024 Sustainability Report is available here. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit
Japan Today
01-07-2025
- Science
- Japan Today
Policymakers often ignore forest regeneration in fight against climate change, research finds
A drone views shows fallen trees in a secondary forest where farmers (not pictured) were in the last stages of clearing land as soybean farming expanded in the Amazon, in Santarem, Para state, Brazil. By Stefanie Eschenbacher Naturally-regenerating forests are often ignored by policymakers working to curb climate change even though they hold an untapped potential to rapidly absorb planet-warming carbon from the atmosphere, scientists write in a new research paper. These so-called secondary forests, which have regenerated themselves after being razed, often for agriculture, can help bring the world closer to the net-zero emissions target needed to slow global warming, the research published in the journal Nature Climate Change shows. That is because these young forests, which are made of trees between two and four decades old, can remove carbon from the atmosphere up to eight times faster per hectare than forests that were just planted, they found. It comes as companies worldwide are raising millions of dollars to regrow forests from scratch to generate carbon credits they can sell to polluting industries seeking to offset their greenhouse gas emissions. Secondary forests, on the other hand, are often not allowed to regenerate themselves for long enough to benefit the climate, either because they are cleared or because they fall prey to fires or pests. Across the tropics, they found, only 6% of secondary forests reach two decades of regrowth. "It's a constant cycle of deforestation," said Nathaniel Robinson, one of the authors and a scientist at the Center for International Forestry Research and World Agroforestry. He added that their vulnerability "is likely tied to policy loopholes." Robin Chazdon, a research professor at the Forest Research Institute of the University of the Sunshine Coast, in Australia, who was not involved, said the refined evaluation of the global carbon mitigation potential of regrowing forests had important implications that could shape new climate policy. Last week, Reuters revealed how a loophole in the Amazon Soy Moratorium, an agreement signed by the world's top grain traders that they would not buy soy grown on recently deforested land, has allowed Brazilian farmers to market soy grown in razed secondary forests as deforestation-free. The Moratorium, like many conservation policies around the world, protects old-growth rainforests, but not regrown ones. In the Brazilian Amazon, half of secondary forests are cleared within eight years of regrowing, the scientists found. "The most rapid and largest carbon removal comes from these young secondary forests," said Susan Cook-Patton, a reforestation scientist at The Nature Conservancy, and one of the authors. But, she added, these forests "just aren't often appreciated." © Thomson Reuters 2025.
Reuters
24-06-2025
- Science
- Reuters
Policymakers often ignore forest regeneration in fight against climate change, research finds
June 24 (Reuters) - Naturally-regenerating forests are often ignored by policymakers working to curb climate change even though they hold an untapped potential to rapidly absorb planet-warming carbon from the atmosphere, scientists found in a research paper published Tuesday. These so-called secondary forests, which have regenerated themselves after being razed, often for agriculture, can help bring the world closer to the net-zero emissions target needed to slow global warming, the research published in the journal Nature Climate Change, opens new tab shows. That is because these young forests, which are made of trees between two and four decades old, can remove carbon from the atmosphere up to eight times faster per hectare than forests that were just planted, they found. It comes as companies worldwide are raising millions of dollars to regrow forests from scratch to generate carbon credits they can sell to polluting industries seeking to offset their greenhouse gas emissions. Secondary forests, on the other hand, are often not allowed to regenerate themselves for long enough to benefit the climate, either because they are cleared or because they fall prey to fires or pests. Across the tropics, they found, only 6% of secondary forests reach two decades of regrowth. "It's a constant cycle of deforestation," said Nathaniel Robinson, one of the authors and a scientist at the Center for International Forestry Research and World Agroforestry. He added that their vulnerability "is likely tied to policy loopholes." Robin Chazdon, a research professor at the Forest Research Institute of the University of the Sunshine Coast, in Australia, who was not involved, said the refined evaluation of the global carbon mitigation potential of regrowing forests had important implications that could shape new climate policy. Last week, Reuters revealed how a loophole in the Amazon Soy Moratorium, an agreement signed by the world's top grain traders that they would not buy soy grown on recently deforested land, has allowed Brazilian farmers to market soy grown in razed secondary forests as deforestation-free. The Moratorium, like many conservation policies around the world, protects old-growth rainforests, but not regrown ones. In the Brazilian Amazon, half of secondary forests are cleared within eight years of regrowing, the scientists found. "The most rapid and largest carbon removal comes from these young secondary forests," said Susan Cook-Patton, a reforestation scientist at The Nature Conservancy, and one of the authors. But, she added, these forests "just aren't often appreciated."
The Star
24-06-2025
- Science
- The Star
Policymakers often ignore forest regeneration in fight against climate change, research finds
FILE PHOTO: A drone views shows fallen trees in a secondary forest where farmers (not pictured) were in the last stages of clearing land as soybean farming expanded in the Amazon, in Santarem, Para state, Brazil October 6, 2024. REUTERS/Amanda Perobelli/File Photo (Reuters) -Naturally-regenerating forests are often ignored by policymakers working to curb climate change even though they hold an untapped potential to rapidly absorb planet-warming carbon from the atmosphere, scientists found in a research paper published Tuesday. These so-called secondary forests, which have regenerated themselves after being razed, often for agriculture, can help bring the world closer to the net-zero emissions target needed to slow global warming, the research published in the journal Nature Climate Change shows. That is because these young forests, which are made of trees between two and four decades old, can remove carbon from the atmosphere up to eight times faster per hectare than forests that were just planted, they found. It comes as companies worldwide are raising millions of dollars to regrow forests from scratch to generate carbon credits they can sell to polluting industries seeking to offset their greenhouse gas emissions. Secondary forests, on the other hand, are often not allowed to regenerate themselves for long enough to benefit the climate, either because they are cleared or because they fall prey to fires or pests. Across the tropics, they found, only 6% of secondary forests reach two decades of regrowth. "It's a constant cycle of deforestation," said Nathaniel Robinson, one of the authors and a scientist at the Center for International Forestry Research and World Agroforestry. He added that their vulnerability "is likely tied to policy loopholes." Robin Chazdon, a research professor at the Forest Research Institute of the University of the Sunshine Coast, in Australia, who was not involved, said the refined evaluation of the global carbon mitigation potential of regrowing forests had important implications that could shape new climate policy. Last week, Reuters revealed how a loophole in the Amazon Soy Moratorium, an agreement signed by the world's top grain traders that they would not buy soy grown on recently deforested land, has allowed Brazilian farmers to market soy grown in razed secondary forests as deforestation-free. The Moratorium, like many conservation policies around the world, protects old-growth rainforests, but not regrown ones. In the Brazilian Amazon, half of secondary forests are cleared within eight years of regrowing, the scientists found. "The most rapid and largest carbon removal comes from these young secondary forests," said Susan Cook-Patton, a reforestation scientist at The Nature Conservancy, and one of the authors. But, she added, these forests "just aren't often appreciated." (Reporting by Stefanie Eschenbacher; editing by Manuela Andreoni and Aurora Ellis)
Straits Times
24-06-2025
- Science
- Straits Times
Policymakers often ignore forest regeneration in fight against climate change, research finds
FILE PHOTO: A drone views shows fallen trees in a secondary forest where farmers (not pictured) were in the last stages of clearing land as soybean farming expanded in the Amazon, in Santarem, Para state, Brazil October 6, 2024. REUTERS/Amanda Perobelli/File Photo Naturally-regenerating forests are often ignored by policymakers working to curb climate change even though they hold an untapped potential to rapidly absorb planet-warming carbon from the atmosphere, scientists found in a research paper published Tuesday. These so-called secondary forests, which have regenerated themselves after being razed, often for agriculture, can help bring the world closer to the net-zero emissions target needed to slow global warming, the research published in the journal Nature Climate Change shows. That is because these young forests, which are made of trees between two and four decades old, can remove carbon from the atmosphere up to eight times faster per hectare than forests that were just planted, they found. It comes as companies worldwide are raising millions of dollars to regrow forests from scratch to generate carbon credits they can sell to polluting industries seeking to offset their greenhouse gas emissions. Secondary forests, on the other hand, are often not allowed to regenerate themselves for long enough to benefit the climate, either because they are cleared or because they fall prey to fires or pests. Across the tropics, they found, only 6% of secondary forests reach two decades of regrowth. "It's a constant cycle of deforestation," said Nathaniel Robinson, one of the authors and a scientist at the Center for International Forestry Research and World Agroforestry. He added that their vulnerability "is likely tied to policy loopholes." Robin Chazdon, a research professor at the Forest Research Institute of the University of the Sunshine Coast, in Australia, who was not involved, said the refined evaluation of the global carbon mitigation potential of regrowing forests had important implications that could shape new climate policy. Last week, Reuters revealed how a loophole in the Amazon Soy Moratorium, an agreement signed by the world's top grain traders that they would not buy soy grown on recently deforested land, has allowed Brazilian farmers to market soy grown in razed secondary forests as deforestation-free. The Moratorium, like many conservation policies around the world, protects old-growth rainforests, but not regrown ones. In the Brazilian Amazon, half of secondary forests are cleared within eight years of regrowing, the scientists found. "The most rapid and largest carbon removal comes from these young secondary forests," said Susan Cook-Patton, a reforestation scientist at The Nature Conservancy, and one of the authors. But, she added, these forests "just aren't often appreciated." REUTERS Find out more about climate change and how it could affect you on the ST microsite here.
