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Colliers deepens commitment to drive positive global impact with new ESG strategy

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 Singapore is a founding member of the Singapore Green Building Council since 2009 and is committed to helping its clients achieve a sustainable design for their buildings with best practices in construction and operations. In addition, Colliers’ office in Singapore is also in the process of incorporating an array of environment-friendly workplace designs. These are a testament to our commitment to elevate our environment.

The Singapore office continues to commit to elevating inclusiveness by walking the talk to make the workplace more diverse and inclusive. This results in more engaged staff and an increase in productivity and commercial success. With people being the greatest asset for Colliers in Singapore, elevating the health and well-being of employees is also at the heart of its ESG aspirations. Access to flexible workspaces, ergonomic computer monitors and chairs, strategically placed office plants to improve office air quality, fresh fruits in the office pantry every day, as well as flexible employee benefits for staff to encourage the adoption of a healthy lifestyle, are just a few examples that demonstrate its commitment to achieve this objective.

WeiLeng Tang, Managing Director | Singapore, commented: “At Colliers in Singapore, we are proud of our commitment to improve our environmental impact and create economic and social value across the firm. With our continued focus on elevating the environment, inclusiveness and health and well-being, we are confident that we will be able to accelerate the success of our clients and our people with our ESG aspirations and lead the industry into the future.”