Public Profile

Costar

CoStar Group, Inc., commonly referred to as CoStar, is a leading provider of commercial real estate information, analytics, and online marketplaces. Headquartered in the United States, CoStar operates extensively across North America and Europe, serving a diverse clientele in the real estate sector. Founded in 1987, the company has achieved significant milestones, including the acquisition of several key firms that have expanded its data offerings. CoStar's core products include comprehensive databases, market analytics, and property research tools, which are distinguished by their depth and accuracy. The company holds a prominent position in the commercial real estate industry, recognised for its innovative solutions that empower professionals to make informed decisions. With a commitment to excellence, CoStar continues to set the standard for real estate intelligence, solidifying its reputation as a trusted resource in the market.

DitchCarbon Score

How does Costar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

55

Industry Average

Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

24

Industry Benchmark

Costar's score of 55 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Let us know if this data was useful to you

Costar's reported carbon emissions

In 2024, CoStar Group reported total carbon emissions of approximately 207,066,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 196,415,000 kg CO2e. Scope 1 emissions were approximately 5,710,000 kg CO2e, while Scope 2 emissions totalled about 4,941,000 kg CO2e. In the US, the company reported Scope 1 emissions of about 5,481,000 kg CO2e and Scope 3 emissions of approximately 1,201,000 kg CO2e. CoStar has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% by 2030 from a 2022 baseline. Additionally, the company has committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include a 54.6% reduction in absolute Scope 1 and 2 emissions by 2033 from a 2023 base year, and a 61.1% reduction in Scope 3 emissions from capital goods per USD value added within the same timeframe. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2050. CoStar's new campus expansion in Richmond, designed to achieve LEED Net Zero and WELL Platinum certifications, reflects its commitment to sustainable practices. The company is also focused on ensuring that 75.3% of its suppliers by spend covering purchased goods and services will have science-based targets by 2029.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202220232024
Scope 1
3,025,000
0,000,000
0,000,000
Scope 2
7,139,000
0,000,000
0,000,000
Scope 3
88,224,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Costar's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Costar is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Costar is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Cimpress

IE
Printed matter and recorded media (22)
Updated 11 days ago

Beijing Shiji Information Technology Co., Ltd.

CN
Computer and related services (72)
Updated 21 days ago

Jack Henry

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Verisk Analytics

US
Research and development services (73)
Updated 9 days ago

Zillow

US
Real estate services (70)
Updated 21 days ago

Verisign

US
Computer and related services (72)
Updated 21 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers