Redfin Corporation Sustainability Profile
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.
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.
Industry Benchmark
Redfin Corporation's score of 20 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Redfin Corporation's reported carbon emissions
Redfin Corporation, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, as indicated by the absence of specific figures. The company has not outlined any reduction targets or climate pledges, which suggests a lack of formal commitments to measurable emissions reductions at this time. It is important to note that Redfin Corporation is a current subsidiary and may inherit emissions data or climate initiatives from its parent or related organisations. However, no specific data or targets have been cascaded from higher levels within its corporate family. In the context of the real estate industry, many companies are increasingly focusing on sustainability and carbon reduction strategies. Redfin's current lack of emissions data and climate commitments may place it at a disadvantage compared to competitors actively pursuing and reporting on their environmental impact.
How Carbon Intensive is Redfin Corporation's Industry?
How Carbon Intensive is Redfin Corporation's Location?
Redfin Corporation'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.
Redfin Corporation 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.
