Colliers Unveils Comprehensive Goals in Global Sustainability Report
Colliers Releases 2024 Global Sustainability Report
In a significant move towards enhancing their environmental and social governance, Colliers (NASDAQ and TSX: CIGI) has published its much-anticipated 2024 Global Sustainability Report. This report details the company's achievements against the benchmarks set in 2021 and unveils a renewed sustainability strategy called Built to Last. This initiative is deeply grounded in a thorough assessment conducted earlier this year, focusing on aligning the company's operations with the immediate challenges and opportunities presented in the environmental and social arenas.
Core Focus Areas of Sustainability Strategy
The Built to Last strategy is structured around three pivotal pillars that guide Colliers' approach:
Environmental Sustainability
This pillar emphasizes the importance of decarbonization and enhancing climate resilience. Colliers is dedicated to making a positive impact on the environment while managing their real estate footprint effectively.
Workplace Experience
Creating spaces that promote inclusivity and health is a priority for Colliers. Their aim is to design high-performance environments that contribute to the well-being of their employees and clients alike.
Ethical Governance and Practices
At Colliers, building trust and transparency is paramount. This aspect of their strategy ensures that responsible innovation is embedded at every organizational level, allowing the company to maintain high ethical standards in all their dealings.
Achievements Highlighted in the 2024 Report
Remarkable strides have been made by Colliers in various sustainability efforts. The report highlights several key achievements:
- Reduction of Scope 1 and 2 emissions per square foot by 27.6% compared to the 2021 baseline, signifying their commitment to decreasing carbon footprints.
- WELL Health-Safety Ratings were attained in 87.4% of Colliers offices exceeding 2,500 square feet, a substantial increase from 35% in 2022.
- The expansion of the electric vehicle fleet to over 170 vehicles, showcasing a fivefold increase in just two years, further solidifying their commitment to sustainable transportation.
- Achieved an impressive 88% participation rate in their global employee engagement survey, with results surpassing external benchmarks, indicating a strong organizational culture.
- Meeting 68% of their volunteering goals under the Colliers Gives initiative, emphasizing community engagement and corporate social responsibility.
Leadership in Sustainability Initiatives
In line with these ambitious goals, Tonya Lagrasta has been appointed as the Global Head of Sustainability. With over 20 years of extensive experience in sustainability across various sectors, Tonya will be instrumental in steering the implementation of the Built to Last strategy and ensuring that sustainability becomes integrated into every facet of Colliers’ operations.
Vision for the Future
“Sustainability is not just a priority; it’s a reflection of our values and a strategy for long-term resilience,” asserts Lagrasta. With an energetic and passionate team, she aims to lead Colliers into a new era of impactful sustainability.
About Colliers
Colliers (NASDAQ, TSX: CIGI) stands as a global leader in diversified professional services and investment management. They operate through three leading platforms: Real Estate Services, Engineering, and Investment Management. Over the past 30 years, Colliers has consistently delivered robust annual returns for its shareholders, driven by innovative leadership and an enterprising culture. With approximately $5.0 billion in annual revenue and a collective workforce of around 23,000 professionals, Colliers remains dedicated to enhancing the success of clients and stakeholders across the globe.
Frequently Asked Questions
What is the main focus of the 2024 Global Sustainability Report by Colliers?
The report primarily focuses on the company’s achievements in sustainability and outlines their refreshed strategy, Built to Last.
Who is leading Colliers’ sustainability efforts?
Tonya Lagrasta has been appointed as the Global Head of Sustainability, bringing extensive experience to the role.
What achievements were highlighted in the report?
Key achievements include significant reductions in emissions, expansion of the electric vehicle fleet, and high participation in employee engagement surveys.
Why is sustainability important for Colliers?
Sustainability reflects Colliers’ core values and is crucial for building long-term resilience and success in today's business environment.
How can stakeholders learn more about Colliers' sustainability initiatives?
Stakeholders can visit their sustainability page to access the full report and learn more about their initiatives and strategies.
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