Rea Sustainability Profile
Rea Group, headquartered in the United States, is a leading player in the digital property services industry, primarily focusing on real estate and rental markets. Founded in 1995, the company has established a strong presence across major operational regions, including North America and Australia. Rea Group is renowned for its innovative online platforms, which streamline property transactions and enhance user experiences. Their flagship services, such as property listings and market insights, are distinguished by advanced technology and user-friendly interfaces. With a commitment to transforming the way people buy, sell, and rent properties, Rea Group has achieved significant market recognition, positioning itself as a trusted resource in the real estate sector. The company continues to evolve, embracing new technologies to meet the changing needs of its customers.
DitchCarbon Score
How does Rea'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 Media Production 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
Rea's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rea's reported carbon emissions
In 2024, Rea Group Limited reported total carbon emissions of approximately 10,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 9,201,370 kg CO2e. This includes notable categories such as business travel (approximately 3,086,950 kg CO2e) and employee commute (about 1,056,790 kg CO2e). Scope 1 emissions were reported at 524,900 kg CO2e, while Scope 2 emissions totalled 859,860 kg CO2e. In 2023, the company’s total emissions were approximately 9,015,400 kg CO2e, with Scope 3 emissions at about 8,398,300 kg CO2e. The Scope 1 and 2 emissions combined were reported at 617,100 kg CO2e. The previous year, 2022, saw total emissions of around 7,431,700 kg CO2e, with Scope 3 emissions contributing approximately 6,678,800 kg CO2e. Rea Group has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, News Corporation, indicating a corporate family relationship that influences its climate reporting. Overall, Rea Group's emissions profile highlights a significant reliance on Scope 3 emissions, underscoring the need for comprehensive strategies to address its carbon footprint across all scopes.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 000,000 |
| Scope 2 | - | - | - | - | 000,000 |
| Scope 3 | 4,721,700 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Rea's Industry?
How Carbon Intensive is Rea's Location?
Rea's Scope 3 Categories Breakdown
Rea's Scope 3 emissions, which increased by 10% last year and increased by approximately 95% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 34% of Scope 3 emissions.
Top Scope 3 Categories
Rea's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rea has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
