Cushman & Wakefield Ltd. · NYSE:CWK
Cushman & Wakefield — ESG Presentation (August 2024)
35 slides from Cushman & Wakefield's sustainability presentation, August 2024
Slide 1: Supplier Diversity Economic Impact Report 2022-2023
SUPPLIER DIVERSITY ECONOMIC IMPACT REPORT 2022-2023 Cushman & Wakefield 2022-2023 Supplier Diversity Economic Impact Report 1
Slide 2: Table of Contents
TABLE OF CONTENTS 03 06 27 CEO STATEMENT SUPPLIER DIVERSITY 2023 ECONOMIC IMPACT 04 13 34 SUPPLIER DIVERSITY STATEMENT SUPPLIER SPOTLIGHTS APPENDIX 05 18 OUR PARTNERS 2022 ECONOMIC IMPACT Cushman & Wakefield 2022-2023 Supplier Diversity Economic Impact Report 2
Slide 3: CEO Statement
CEO STATEMENT “Cushman & Wakefield's Supplier Diversity Program is a driving force for change, promoting the growth of underrepresented businesses and improving economic development in our communities. We value the fresh perspectives and innovative solutions our diverse suppliers bring to our client
Slide 4: Supplier Diversity Statement
SUPPLIER DIVERSITY “As a leading global real estate services firm, we make a meaningful impact STATEMENT on our people, clients, shareholders, vendors, suppliers, communities and the world, and we’re continually striving to ensure we have a positive influence on our many stakeholders. At Cushman & W
Slide 5: Our Partners
OUR PARTNERS Cushman & Wakefield 2022-2023 Supplier Diversity Economic Impact Report 5
Slide 6: Supplier Diversity
SUPPLIER DIVERSITY
Slide 7: Cushman & Wakefield Sponsored Programs
CUSHMAN & WAKEFIELD SPONSORED PROGRAMS WBENC – WeTHRIVE WBENC created this program during the pandemic to offer virtual executive development and learnings. It is tailored to meet WBEs where they are today and support them in the future. The program offers three tracks and includes courses across fi
Slide 8: NMSDC Scholarships
NMSDC SCHOLARSHIPS ADVANCED MANAGEMENT EXECUTIVE PROGRAM TUCK DIVERSITY BUSINESS PROGRAMS The NMSDC Kellogg Advanced Management Executive Program Tuck Diversity Business Programs and NMSDC have (AMEP) is designed to provide certified, established, growth- partnered to support the growth of MBEs acro
Slide 9: 2023 Supplier Diversity Day
2023 SUPPLIER DIVERSITY DAY In March 2023, Cushman & Wakefield held our second annual Supplier Diversity Day to celebrate our progress, raise awareness of our commitment to diversifying our supply chain and recognize our partners, vendors and supplier diversity champions for their contributions to o
Slide 10: Responsible Sourcing
RESPONSIBLE SOURCING In 2023, Cushman & Wakefield maintained its ongoing efforts to ensure we are procuring services and products in an ethical manner. We continued to develop and implement our responsible sourcing strategy, which has been derived from recommendations of an independent third party a
Slide 11: 2023 Awards
2023 AWARDS Named a Best of the Decade honoree Our program’s progress has earned us third-party recognition, including being for our supply chain diversity from named a Silver Top Global Champion for Supplier Diversity & Inclusion from Minority Business News USA and WEConnect International. Women’s
Slide 12: Building Momentum
BUILDING MOMENTUM DBE: Disadvantaged Business Enterprise 2020 2021 2022 2023 Disabled: Disabled-owned Business DIVERSE LGBTQ+: Lesbian, Gay, Bisexual, SUPPLIERS SPEND $580.0M $802.4M $839.7M (DBE, $444.5M +30% FROM +38% FROM +5% FROM Transgender, Queer/Questioning and Others DISABLED, 2020 TO 2021 2
Slide 13: Supplier Spotlights
SUPPLIER SPOTLIGHTS Cushman & Wakefield is making major moves in the sustainability sector. We are working on potential partnerships with Sagiliti, Hightower EV, RCF Group and GMR Facility Solutions.
Slide 14: Supplier Spotlight: Sagiliti
SUPPLIER SPOTLIGHT Sagiliti is a certified NMSDC Corporate Plus Member that provides utility management services. Working with Sagiliti is the optimal way to reduce utility costs, improve sustainability metrics and maximize diversity, equity & inclusion (DEI) impacts. Sagiliti’s technology helps to
Slide 15: Supplier Spotlight: Hightower EV Solutions
SUPPLIER SPOTLIGHT Hightower EV Solutions, an NMSDC Corporate Plus Member, self-performs most of its services on a national scale. Hightower EV (HEV) Solutions’ Charging National Maintenance Program secures the work, trains and hires local talent, offers stackable certifications and utilizes technol
Slide 16: Supplier Spotlight: RCF Group
SUPPLIER SPOTLIGHT The RCF Group self-performs architectural design, decommissioning and move management services nationwide ideal for financial, retail and other industries required to monitor outdoor lighting. RCF Group is an NMSDC Corporate Plus member. This unprecedented membership program, comp
Slide 17: Supplier Spotlight: GMR
SUPPLIER SPOTLIGHT GMR pioneered lighting surveys and compliance and is known as the industry best practice for helping facilities document existing conditions, prepare for improvements and minimize risk. Ideal for occupiers of retail and campus type settings, GMR self-performs over 80,000 inspectio
Slide 18: 2022 Economic Impact
2022 ECONOMIC IMPACT
Slide 19: How We Measure Economic Impact
HOW WE MEASURE ECONOMIC IMPACT Economic Impact Metrics Economic impact reports communicate the impact on the economy using these standard measures: output, jobs, incomes and tax revenues. Output Jobs Incomes Taxes Measures the cumulative Created within Cushman Measures the cumulative Measures the fe
Slide 20: Economic Impact Channels
ECONOMIC IMPACT Cushman & Wakefield’s spending with its diverse suppliers generates economic activity in its supply chain and their communities. These impacts can be CHANNELS categorized into three types. Direct Impact Indirect Impact Induced Impact This is the direct impact Cushman & Wakefield’s di
Slide 21: 2022 Impact Channels
2022 IMPACT CHANNELS Total Diverse Supplier Spend Total Output Total Jobs Supported Total Incomes Supported Total Taxes Generated $802.4M $1.5B 9,086 $582.6M $175.4M Total Output $1.5B Direct impact on Cushman & Wakefield diverse suppliers $802.4M $370.3M $375.3M Total Output Cushman & Wakefield pur
Slide 22: 2022 Impact of Direct Spend
2022 IMPACT OF DIRECT SPEND With Diverse Suppliers Service Disadvantaged Disabled- Minority-owned Women-owned Veteran-owned LGBTQ+-owned disabled Business owned Other businesses businesses businesses businesses veteran-owned Enterprise businesses businesses $337.9M $368.6M $47.3M $1.3M $77.2M $8.4M
Slide 23: 2022 Top Five Industries with Supported Jobs
2022 TOP FIVE INDUSTRIES WITH SUPPORTED JOBS Administrative Administrativeand andsupport supportservices services 3,592 Construction Construction 2,659 Professional, Professional, scientificscientific and and technical 1,519 technical services services Real Realestate estate 397 Other Otherservices
Slide 24: 2022 Impact by State
2022 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend CA $142.2M $282.1M 1,391 $107.3M MO $25.8M $49.2M 301 $17.2M MN
Slide 25: 2022 Impact by State
2022 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend CO $6.6M $13.3M 66 $4.8M OR $1.9M $3.5M 19 $1.2M AZ $6.0M $12.1
Slide 26: 2022 Impact by State
2022 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend UT $834.4K $1.4M 7 $370.2K ME $221.7K $374.7K 2 $87.9K IA $809.
Slide 27: 2023 Economic Impact
2023 ECONOMIC IMPACT >
Slide 28: 2023 Impact Channels
2023 IMPACT CHANNELS Total Diverse Supplier Spend Total Output Total Jobs Supported Total Incomes Supported Total Taxes Generated $839.7M $1.6B 9,316 $606.3M $185.0M Total Output $1.6B Direct impact on Cushman & Wakefield diverse suppliers $839.7M $380.4M $386.8M Total Output Cushman & Wakefield pur
Slide 29: 2023 Impact of Direct Spend
2023 IMPACT OF DIRECT SPEND With Diverse Suppliers Service Disadvantaged Disabled- Minority-owned Women-owned Veteran-owned LGBTQ+-owned disabled Business owned Other businesses businesses businesses businesses veteran-owned Enterprise businesses businesses $329.9M $413.6M $55.9M $991.4K $57.9M $12.
Slide 30: 2023 Top Five Industries with Supported Jobs
2023 TOP FIVE INDUSTRIES WITH SUPPORTED JOBS Administrative Administrativeand andsupport supportservices services 3,480 Construction Construction 3,203 Professional, Professional, scientificscientific and and technical 1,260 technical services services Real Realestate estate 351 Other Otherservices
Slide 31: 2023 Impact by State
2023 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend CA $194.9M $390.1M 2,009 $150.5M NJ $24.2M $45.0M 227 $17.5M NY
Slide 32: 2023 Impact by State
2023 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend CT $7.7M $13.6M 68 $5.5M MI $3.3M $6.5M 36 $2.3M DC $6.6M $8.9M
Slide 33: 2023 Impact by State
2023 IMPACT BY STATE Impact from Direct, Indirect and Induced Impact from Direct, Indirect and Induced Diverse Diverse State Total Output Total Jobs Total Incomes State Total Output Total Jobs Total Incomes Business Spend Business Spend NE $913.3K $1.5M 8 $488.2K ND $347.8K $598.5K 3 $210.2K PR $880
Slide 34: Appendix: Economic Impact Modeling
APPENDIX: ECONOMIC IMPACT MODELING Economic impact modeling is a standard tool used to quantify the economic The input-output multipliers are derived from a comprehensive and complex set of contribution of an investment or company. This modeling uses an input-output inputs based on the collection of
Slide 35: Supplier Diversity Economic Impact Report 2022-2023
SUPPLIER DIVERSITY ECONOMIC IMPACT REPORT 2022-2023