CBRE recognized among World's Most Ethical Companies for sixth year running
The real estate investment and consulting firm was named a 2019 World’s Most Ethical Company by Ethisphere Institute. This year, 128 companies, including numerous consultancies, were recognized for their high level of corporate citizenship, transparency, and integrity.
CBRE has been working hard to build out a company that gets top marks in terms of corporate social responsibility (CSR). The firm was a member of Forbes’ 2019 Best Employers for Diversity (US), while also coming in as the highest-ranked real estate company on Fortune’s World’s Most Admired Companies list.
CBRE has also been recognized for its dedication to environmental issues, ranking in Barron’s 100 Most Sustainable Companies in the US earlier this year, while also placing on the Dow Jones Sustainability Index for five years.
The real estate consultancy is, of course, still very efficient at delivering the goods to its clients. CBRE was recently named the top global commercial real estate brand in a survey from The Lipsey Company, an accolade it has received for 18 consecutive years.
But with clients and consumers increasingly caring about the ethics and impact of the companies with which they do business, it’s a good idea to craft a CSR-focused company image. Though many firms can be charged with "greenwashing" or other such surface-level PR, there are plenty of companies who walk the walk instead of flapping their corporate lips.
“Today, employees, investors, and stakeholders are putting their greatest trust in companies to take leadership on societal issues,” Timothy Erblich, Ethisphere CEO said. “Companies that take the long view with a purpose-based strategy are proven to not only outperform but last.”
The Ethisphere Insitute, which measures and defines business ethics standards with data-driven insights, has released the 13th edition of its annual World’s Most Ethical Companies list. Ethisphere scores companies based on their ethics and compliance programs, culture of ethics, corporate citizenship and responsibility, governance, and leadership and reputation. The categories are evaluated though questionnaire answers, supplemental documentation, and independent research and follow-ups when necessary.
Most of the companies on the list are for-profit organizations with more than $250 million in revenue, and non-profits with more than $1 billion in revenue.
CBRE is among the 128 recognized companies, including notable firms such as Microsoft, IBM, Pepsico, and Best Buy. The 2019 ranking is CBRE’s sixth consecutive placement on the Ethisphere list.
“Our clients trust CBRE’s professionals to deliver outstanding outcomes and service, while holding ourselves to the highest standards,” Bob Sulentic, president and chief executive officer of CBRE, said. “Our continued recognition by the Ethisphere Institute exemplifies how important these values are to the company’s strategy and our success.”
A number of other consultancies also counted themselves as the globe’s most ethical firms for 2019. They included Accenture, Capgmeni, Genpact, Gallagher, JLL, and Wipro.
In other CBRE news, the firm announced that it would launch it first flexible workspace through its Hana subsidiary at PwC Tower in Dallas, Texas.
