NEW
YORK, Nov. 21, 2023 /PRNewswire/ -- Newmark
Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading
commercial real estate adviser and service provider to large
institutional investors, global corporations, and other owners and
occupiers, has published its 2022 Corporate Responsibility Report
(CRR). In the inaugural report, Newmark outlines policies and
practices to create sustainable long-term value for the Company,
its stockholders, clients and employees, while helping mitigate
risks, reduce costs, protect brand value and identify market
opportunities.
"Newmark is an organization with strong values, a deep
commitment to corporate citizenship and a long history of helping
clients improve the sustainability of their buildings," said
Newmark's Chief Executive Officer, Barry
Gosin. "We remain focused on contributing to a more dynamic,
resilient and inclusive commercial real estate industry and our ESG
related progress and goals are a foundational component of
Newmark's promising future."
Key highlights from the 2022 report include:
- Newmark established an Environmental, Social and Governance
(ESG) Executive Committee consisting of executive and senior
leadership to provide direction for ESG progress and
initiatives.
- Newmark Global Corporate Services (GCS) was awarded a Silver
Sustainability Rating for Newmark's sustainability management and
performance by EcoVadis, one of the world's largest and most
trusted providers of business sustainability ratings.
- Newmark partnered with the National Minority Supplier Diversity
Council to incorporate 15,000 certified minority suppliers into its
supplier bid process.
- Newmark was ranked #1 on LinkedIn's 2022 "Top Companies in Real
Estate" list, which ranks the top 25 companies at which to grow a
career in the industry.
"This inaugural report brings together many of the exciting
efforts that have been taking place across the company for years,
and frames Newmark's dedication to our employees as we foster a
dynamic mix of people and ideas to enhance business performance,
enrich employee experiences and engage with our communities. We
value hard work, innovation, superior client service, strong
ethics, equal opportunities, charity and corporate social
responsibility for sustainable growth," said Caroline Koster, General Counsel, ESG and
Corporate Secretary.
"Environmental solutions, options for health and wellness in the
built environment and an inclusive and incentivized workplace are
increasingly important to our clients and employees," said
Mia Overall, Vice President of ESG.
"We are proud to have formalized our public ESG disclosures, and
more importantly, we are energized to further develop our ESG
policies, practices and goals and increasingly embed them into our
operating standards and corporate strategy."
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK),
together with its subsidiaries ("Newmark"), is a world leader in
commercial real estate, seamlessly powering every phase of the
property life cycle. Newmark's comprehensive suite of services and
products is uniquely tailored to each client, from owners to
occupiers, investors to founders, and startups to blue-chip
companies. Combining the platform's global reach with market
intelligence in both established and emerging property markets,
Newmark provides superior service to clients across the industry
spectrum. For the year ending December
31, 2022, Newmark generated revenues of approximately
$2.7 billion. As of September 30, 2023, Newmark's company-owned
offices, together with its business partners, operate from
approximately 170 offices with 7,400 professionals around the
world. To learn more, visit nmrk.com or
follow @newmark.
Discussion of Forward-Looking Statements about
Newmark
Statements in this document regarding Newmark that
are not historical facts are "forward-looking statements" that
involve risks and uncertainties, which could cause actual results
to differ from those contained in the forward-looking statements.
These include statements about the effects of the COVID-19 pandemic
on the Company's business, results, financial position, liquidity
and outlook, which may constitute forward-looking statements and
are subject to the risk that the actual impact may differ, possibly
materially, from what is currently expected. Except as required by
law, Newmark undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties,
which could cause actual results to differ from those contained in
the forward-looking statements, see Newmark's Securities and
Exchange Commission filings, including, but not limited to, the
risk factors and Special Note on Forward-Looking Information set
forth in these filings and any updates to such risk factors and
Special Note on Forward-Looking Information contained in subsequent
reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.