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  2. Redfin Corporation
Public Profile
Real Estate Services
US
updated 5 months ago

Redfin Corporation

Company website

Redfin Corporation, often referred to simply as Redfin, is a leading technology-driven real estate brokerage headquartered in the United States. Founded in 2004, the company has revolutionised the home buying and selling process by leveraging innovative technology and data analytics, primarily operating in major markets across the US. Redfin's core services include residential real estate brokerage, home buying, and selling, as well as a unique online platform that offers comprehensive property listings and market insights. This approach not only enhances user experience but also provides significant savings on commission fees, setting Redfin apart from traditional real estate firms. With a strong market position, Redfin has achieved notable milestones, including its initial public offering in 2017 and a growing presence in the competitive real estate landscape, making it a preferred choice for tech-savvy homebuyers and sellers alike.

DitchCarbon Score

How does Redfin Corporation'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.

20

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.

22

Industry Benchmark

Redfin Corporation's score of 20 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Redfin Corporation's reported carbon emissions

Redfin Corporation, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, Redfin's climate commitments and initiatives remain unclear, and there is no information available regarding their strategies for reducing carbon emissions or their alignment with industry standards such as the Science Based Targets initiative (SBTi) or other climate frameworks. In the context of the real estate and technology sectors, companies are increasingly expected to disclose their carbon footprints and set ambitious reduction targets. However, without specific data or commitments from Redfin, it is challenging to assess their environmental impact or sustainability efforts.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Redfin Corporation'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 Redfin Corporation 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.

Redfin Corporation is not participating in any 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

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Where does DitchCarbon data come from?

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