Our Operational Impact

Minimizing our operational impact is a prerequisite of sound environmental policy and a necessary complement to our core business activities.

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Corporate and Workplace Solutions (CWS) takes seriously its operational impact on both the environment and the communities in which we live and work. Focusing on the firm’s corporate footprint, we aim to minimize our operational impact, recognizing that it is a prerequisite of a sound environmental policy and a necessary complement to our core business activities. In all that we do, we strive to find smart, sustainable solutions that make business sense and are environmentally and socially responsible.

Our CWS, Engineering, Office of Corporate Engagement, and Sustainable Finance Group teams work in close collaboration to address our key operational priorities from all angles.

We have a dedicated green operational investment budget, which brings greater focus to initiatives that reduce our environmental impacts and enables us to invest in green buildings and innovative green technologies.

The Environmental Policy Framework articulates our commitment to advancing the environmental stewardship of our corporate operations. Download Highlights of our 2020 operational goals or the latest of our new 2025 ESG Commitments.

Operational Impact Dimensions

Carbon, Energy and Business Travel

We have achieved our carbon neutrality commitment and are progressing toward our goal of 100% renewable power for our global electricity needs by year-end 2020 (98% coverage to date). Additionally, in 2019, we surpassed our 2020 goal of a 10% absolute energy reduction by reducing our usage by 12% across our operationally-controlled facilities.

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Green Buildings and Certified Management

We are committed to targeting 70% LEED Gold or equivalent building certification and to certifying 100% of our operational controlled spaces to the ISO 14001 standard. As a result of our consistent use of green building standards, approximately 61% of our global office space portfolio (over 7.2 million sq ft) has now achieved LEED or BREEAM certification, and 100% of our on-site events and facilities are certified to the ISO 20121 and ISO 14001 standards, respectively. 

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Resource Conservation

We continue responsible resource consumption and waste management, and have committed to send zero business waste to landfill by year-end 2020. In 2019 we recycled 100% of our eWaste, 90% of our construction waste and diverted 99% of our business waste from landfill. Over 86% of our paper was procured from post-consumer recycled or certified new fiber sources and we reduced our paper use per-capita by 40%, far surpassing our 2020 goal of a 20% reduction.

We remain committed to achieving our 5% reduction target by year-end 2020, and will continue identifying opportunities to reduce our water consumption.

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Supply Chain

We continue to advance our commitments to sustainable supply chain management through the deployment of our sustainable procurement framework. The framework is integrated across our whole procurement lifecycle, prioritizing material risks and promoting innovative collaboration with our vendors and supply chain. We are also focused on increasing our spend with diverse vendors globally by 50% from our 2020 baseline. 

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Transparency and Engagement

Our efforts to effectively manage our environmental impacts are strengthened by cross-sector partnerships, which demonstrate our commitment to climate resiliency and transparency.

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