ReportAlert.info - CBRE Group Inc (NYSE:CBG) Publishes Corporate Responsibility Report 2011
The report describes the company's ongoing efforts to further its corporate responsibility initiatives in the areas of Environmental Stewardship, Ethics & Compliance, Governance, Health & Safety, Communities & Giving, and People & Culture.
(3BL Media) July 10, 2012 - CBRE Group, Inc. (NYSE:CBG), the world’s largest commercial real estate services firm (in terms of 2011 revenue), released its fifth Corporate Responsibility report at www.cbre.com/responsibility.
The report covers progress and activities during the 2011 calendar year and describes the company’s ongoing efforts to further its corporate responsibility initiatives in the areas of Environmental Stewardship, Ethics and Compliance, Governance, Health and Safety, Communities and Giving, and People and Culture.
2011 Highlights include:
- Developed a four-year, $1-million academic and scientific environmental research program, called the Real Green Research Challenge
- Conducted its first global employee survey on ethics and compliance, demonstrating its favorable ethical climate, with measurably less misconduct than benchmark companies
- Began to engage more fully in public policy matters related to commercial real estate and to develop a human rights policy
- Demonstrated the quality of its long-standing succession planning process at all levels of the organization, particularly its CEO transition
- Outperformed peer companies in its health and safety incidence rate, which is more than three times lower than the industry average
- Donated volunteer hours and funds to more than 330 different charitable organizations
- Gave $6.4 million to charities - reflecting company and employee giving - matching the record CBRE set in 2010
- Responded to natural disasters in Australia, India, Japan, New Zealand and Thailand with contributions and support for impacted communities
- Earned a place on the "Companies That Care Honor Roll" in early 2012 for the fifth consecutive year
- Reintroduced CBRE University and trained more than 200 attendees as part of the U.S. implementation of its talent management strategy
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
