CBRE has been included in Fortune Magazine’s annual ranking of companies “at the forefront of innovation” in the United States.

Only 2 per cent of corporations evaluated for Fortune’s America’s 2023 Most Innovative Companies list made it into the “most innovative” category, with CBRE the only commercial real estate services company to be selected for the accolade.

Vikram Kohli, chief executive officer of CBRE Platform which oversees the group’s strategy and communications functions, says: “This recognition from Fortune attests to how deeply an entrepreneurial spirit and creativity permeate our organization,” says

“Clients come to CBRE for outcomes that are difficult for them to replicate elsewhere. This results from our people working across skill sets, geographies and business lines – and supported by leading tools and resources – to drive innovative and highly effective solutions.”

Vikram Kohli, CEO of CBRE Platform.

Fortune and its research partner Statista score companies on three dimensions: product innovation, process innovation and innovation culture. Product innovation evaluates a company’s products and services, covering aspects such as design, usability and uniqueness, while process innovation looks at a company’s processes, from sourcing and production to marketing, sales and support. Innovation culture primarily reflects the company’s success at promoting creativity and an entrepreneurial spirit.

Drawing from a universe of some 15,000 companies, the media brand evaluated U.S. companies on a 100-point scale to determine the Most Innovative Companies. Scores for innovation culture and process innovation (internal component) were partly based on a survey of more than 25,000 people. Smaller panels of 2,500 experts were key determinants scores for product innovation and process innovation (external component).