CoStar Group
CoStar Group, a leading provider of commercial real estate information, analytics, and online marketplaces, is headquartered in Great Britain. Founded in 1987, the company has established itself as a pivotal player in the real estate industry, offering comprehensive data solutions that empower professionals to make informed decisions. With a strong presence in North America, Europe, and Asia, CoStar Group delivers a suite of core products, including CoStar Suite, LoopNet, and Apartments.com, each designed to enhance property marketing and investment analysis. Their unique combination of extensive data coverage and advanced analytics sets them apart in the competitive landscape. Recognised for its innovation, CoStar Group has achieved significant milestones, solidifying its market position as a trusted resource for real estate professionals worldwide.
DitchCarbon Score
How does CoStar Group'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.
Industry Average
Mean score of companies in the Computer 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.
Industry Benchmark
CoStar Group's score of 34 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CoStar Group's reported carbon emissions
In 2022, CoStar Group reported total carbon emissions of approximately 96,725,000 kg CO2e, which includes 3,033,000 kg CO2e from Scope 1 and 5,773,000 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, aligning with industry standards for greenhouse gas reporting. CoStar Group has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. This long-term target, initiated in 2023, demonstrates their dedication to addressing climate change and reducing their carbon footprint. The company is currently classified as "Committed" to near-term targets, indicating proactive steps towards achieving these goals. As a leader in the software and services sector, CoStar Group's efforts contribute to broader industry initiatives aimed at sustainability and environmental responsibility. Their focus on reducing emissions aligns with global trends towards climate action and corporate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | |
|---|---|
| Scope 1 | 3,033,000 |
| Scope 2 | 5,773,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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 Group is committed to some reduction initiatives 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.
