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Colliers releases Global Impact Report reinforcing commitment to elevate the built environment

HONG KONG SAR June 1, 2022 – Colliers (NASDAQ and TSX: CIGI) released its 2021 Global Impact Report today, highlighting the company’s performance and ongoing commitment to deliver resilient buildings, inclusive workplaces, and spaces that promote health and wellbeing for its professionals, clients, and communities.

Key 2021 performance highlights include:

  • 110 million sq. ft. of green-certified properties under management
  • 87 million sq. ft. of green-certified construction managed
  • 262 green certifications held by Colliers’ professionals
  • 39% of Colliers’ global workforce are women 
  • 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 multi-year goals against the strategy’s three pillars: the environment, inclusiveness, and health & wellbeing. The 2021 Global Impact Report also includes baseline assessments of Colliers’ 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’ ESG 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 & CEO. “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°C 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% female employees overall 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 our purchasing from diverse suppliers in 2022 and set an ambitious goal for 2025.
  • Joining WELL Portfolio in 2022 and achieving WELL Health-Safety certification for all Colliers offices by 2025.
  • Offering WELL, Fitwel or equivalent certification to all eligible property management and occupier clients beginning in 2023.
  • Establishing Colliers Volunteer Days, focused on April, to support the environment, inclusiveness, and health & wellbeing – 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 CK Lau, Managing Director | Hong Kong. “Our priorities are to grow and scale our sustainability and wellbeing services across our business lines and geographies, as well as focus on the projects required to meet our bold targets.”

To find out more, read the Colliers 2021 Global Impact Report here.


Media Contact:

Alex Kaihau
Head of Marketing & Communications
alex.kaihau@colliers.com 
+852 5971 3234

Nora Wong
Senior Manager, Marketing & Communications
nora.wong@colliers.com 
+852 6105 1336


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CK Lau

Managing Director | Hong Kong & Managing Director | Asia CVAS

Managing Director's Office | Hong Kong

Hong Kong

CK Lau is the Managing Director | Hong Kong and also leads the Valuation & Advisory Services business as Managing Director | Asia.  He has over 30 years’ property experience in valuation, real estate consultancy and investment sales in Hong Kong, mainland China and the Asian region. 

His expertise includes development consultancy; government lease modification application and premium negotiations; investment and development sites sales; litigation valuation advice and expert witness in the High Court/Lands Tribunal/arbitration; portfolio valuations; REIT property advice; rental determination; and valuation due diligence services.

He writes regularly on topics relating to land use and development in Hong Kong since 2010. His collection of over 200 articles in the Hong Kong Economic Journal and other publications can be viewed through the following link:

https://lauchunkong.wordpress.com

CK is also a member in the following publications:

• “The HKIS Valuation Standards 2017 & 2020”

• “HKIS Guidance Notes on Valuation of Development Land” published in 2016

• “Surveyors acting as experts in commercial rent determinations” Joint guidance note Hong Kong prepared by the HKIS and RICS Hong Kong” 1st edition 2015

 

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Andrew Lau

Director | ESG Advisory, Asia

Valuation & Advisory Services

Hong Kong

Andrew Lau has over 18 years of experience in ESG advisory, including develop and manage netzero carbon program, energy management, retro-commissioning, Green and WELL building, performance contracting, renewable energy and waste management program. Andrew is a professional engineer with extensive experience in business development and product marketing.

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