California Carbon Offset & Emissions Disclosure

In 2022, Walker & Dunlop purchased carbon offsets through ACT Commodities to offset our 2021 Scope 1 and 3 emissions, totaling 3,239 MTCO2e. The details of which are below:

1. Name of the business entity selling the offset and the offset registry: American Carbon Registry (ACR)
2. Project identification number: ACR 128
3. Project name as listed in the registry: Streator LFG to Energy
4. Offset project type: Avoidance, LFG (landfill gas) to electricity
5. Project site location: Illinois, USA
6. Project protocol: ACR; ACR methodologies and protocols are all based on International Standards
   Organization (ISO) 14064. ACR allows project developers to use methodologies and tools for GHG measurement from the Clean Development Mechanism (CDM) to the extent that they comply with the ACR’s published standards
7. Independent third-party verification: Emissions data and related claims listed have not been verified by an independent third-party

Disclosures on climate-related claims and emissions reduction

Walker & Dunlop generally disclosed that we achieved carbon neutrality through the purchase of renewable energy credits for 100% of our electricity use (our Scope 2 emissions) and the purchase of carbon offsets to offset our remaining emissions (Scope 1 and Scope 3 emissions). Any given year, we measure our carbon footprint utilizing a third-party consultant, ICF, who assess both our direct and indirect emissions. ICF’s measurements follow the Greenhouse Gas Protocol Corporate Accounting and Reporting Standards. This data and its related claims, including all claims discussed throughout these disclosures, are not verified by an independent third-party. Our carbon emissions sources can be subdivided into three categories: Scope 1 which is composed of direct emissions from owned or controlled sources (i.e., stationary combustion and refrigerants); Scope 2 which covers indirect emissions from the generation of purchased electricity, steam, heating, and cooling, and consumed; and Scope 3 which includes all other indirect emissions that occur in our value chain.

The measurement of our carbon footprint involves an assessment of direct and indirect emissions resulting from our annual operations. Our total carbon footprint, which includes direct (energy consumption at offices) and indirect emissions (business travel, commuting, and waste) was 17,435 MTCO2e in 2022.

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