Addressing climate change is a responsibility we all share. We aim to achieve our SBTi decarbonisation targets by 2030 and be net zero by 2040 alongside supporting clients to mitigate and adapt to climate change striving for a sustainable transition. Below are our key aims for the Climate pillar:

• Achieve SBTi decarbonisation targets by 2030: Reduce absolute Scope 1 and 2 GHG emissions 72% by 2030 from a 2019 base year thereby achieving our 2030 SBTi target. Additionally, Savills Group has a voluntary long-term target to achieve net zero for its operations (Scope 1 and 2) in 2030 and its value chain (Scope 3) greenhouse gas GHG emissions by 2040.
• Engage our key suppliers, reducing carbon emissions from goods and services by 51.6% by 2030: Engage our key suppliers to enable us to reduce Scope 3 GHG emissions associated with the purchased goods and services we procure by 51.6% per million GBP of value added by 2030 from a 2022 base year.
• Reduce our scope 3 emissions associated with Savills Investment Management's discretionary Assets under Management: Reduce our scope 3 GHG emissions associated with Savills Investment Management's discretionary Assets under Management from investments by 51.6% per square meter by 2030.
• Maintain the impact of our sustainability focused client work: Deliver sustainable outcomes for clients through our advisory services, enabling positive impact.

Our hard work is already paying off. During 2024, we had the following climate highlights:

• Received Science Based Targets initiative (SBTi) validation for our near-term Net Zero targets

• Scope 1 and 2 Greenhouse Gas emission targets remined on track with a reduction of 31.6% against the 2019 baseline

• The review of our supply chains commenced, targeting reduced Scope 3 emissions.

• We remain aligned to Task Force on Climate-related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), Financial Times Stock Exchange for Good (ftse4good) Index and Race To Zero Campaign.

• Electricity purchased from renewable sources in Savills office spaces increased to 48% in 2024 and 84 Green Building certifications are now in place at the offices

• Increased use of energy efficient LED lighting, for example, in North America, LED is now estimated to be in place for 62% of total office space

• 69 environmental events undertaken across our global office locations during the year

All of this was incredible to see, but we are determined to continue driving positive changes on our path to a resilient, sustainable transition.