Appoints global leader to action strategy and commits to Science-Based Targets and Net Zero by 2030
SINGAPORE, OCTOBER 14, 2021 – Colliers, a leading diversified professional services and investment management company (NASDAQ, TSX: CIGI), today released Elevate the Built Environment, its new strategic framework designed to embed environmental, social, and governance (ESG) best practices across the organisation. To address the material topics identified for the organisation through strong stakeholder engagement, the strategy focuses Colliers’ efforts on three core areas:
- Elevate the Environment: minimise environmental impacts in Colliers’ own operations and through client services to elevate the health of our planet.
- Elevate Inclusiveness: increase diversity, equity and inclusion within Colliers and across its procurement practices to foster environments that are inclusive and engaged.
- Elevate Health and Well-being: promote health and well-being in Colliers’ operations and through client services to help improve lives.
In keeping with the company’s value to do what’s right for our clients, our people, and our communities, Colliers will establish tactical plans and targets for each core area and audience (clients, communities, and Colliers) over the coming months.
To elevate the environment, Colliers today commits to setting a science-based target through the Science Based Targets initiative's (SBTi) Business Ambition for 1.5°C programme as well as achieving Net Zero for its own operations by 2030. In addition, as leaders in commercial real estate, the company will develop and deliver a Net Zero programme to help building owners, investors, and occupiers reduce or eliminate their building-related emissions.
“ESG is the blueprint to doing what’s right, one of our core values at Colliers, and we are proud to deepen our commitments in these critical areas,” said Jay Hennick, Global Chairman and CEO of Colliers. “Our enterprising people will continue to deliver exceptional results to Elevate the Built Environment for our clients, our communities and Colliers. Achieving SBTi emissions reductions and Net Zero for our organisation by 2030 is an important part of this journey.”
To lead this effort, Sean Drygas has been appointed Global Lead, ESG & Impact. This newly created senior leadership position underscores Colliers’ commitment to improve its environmental impact and create economic and social value across the organisation. Drygas will work closely with senior executives, and partner with regional leaders and experts to oversee the execution of the company’s ESG strategy across the globe, including the development of tactical plans and measurable targets. Furthermore, he will ensure the right programmes and governance are in place to accelerate the success of our ESG goals in tandem with our growth goals, facilitate data governance, establish measurement platforms, and report on sustainability performance.
“On the heels of releasing our first Global Impact Report earlier this year, Sean’s leadership comes at a critical time to Elevate the Built Environment with strong tact. We are thrilled to have him on board,” said Becky Finley, Global Chief Brand & People Officer. “Sean’s extensive sustainability experience, vision for delivering meaningful change, and past successes in implementing strategic ESG programmes give us confidence that we are well-positioned to take our impact to the next level.”
Prior to joining Colliers, Drygas was vice president of Spark Power Group, where he led sales, marketing, product development, and sustainability solutions for the organisation and drove industrial and commercial adoption of green energy solutions.
“I am excited to join Colliers in this foundational moment to work alongside the talented global and regional teams as we Elevate the Built Environment,” said Sean Drygas, Global ESG & Impact Lead. “I look forward to building on Colliers’ ESG initiatives to accelerate the success of both our teams and clients.”
Colliers in Asia has been a stalwart of ESG. In India, for instance, the Bengaluru office which started operating since July 2020, sports walls that allow natural light to permeate throughout most parts of the office, sensors for lighting efficiency, as well as a biophilic design to improve office air quality. Colliers is also a signatory of the Indian Green Building Council’s (IGBC) Mission on Net Zero, which aims to help India achieve net zero carbon emission status by 2050.
Argenio Antao, Chief Operating Officer | India, opined: “Colliers in India is committed to embedding ESG best practices across the firm and have committed to achieve Net-Zero status for the new and existing buildings we manage and design, through the IGBC mission. We aspire to provide enduring value to our clients through an array of sustainable solutions that maximise the potential of their property and result in improved economic and environmental outcomes.”
In Southeast Asia, Colliers in Singapore has also been reviewing sustainable operational processes to help clients achieve the Building and Construction Authority’s Green Mark (GM) certification. The GM certification is a benchmark for sustainable design and best practices in construction and operations in buildings.
Stephen Bruce, Executive Director and Head, Real Estate Management Services | Singapore, commented: “At Colliers, we are passionate about ESG and proud of our commitment to improve our environmental impact and create economic and social value across the firm. With our growing capability across the business to provide advisory services on sustainability, we are well-placed to realise the ESG aspirations of our clients and lead the industry into the future.”
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Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.