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OrganisationsZillow
Zillow logo

Zillow

Real Estate ServicesUnited StatesNASDAQ: Z
Last verified 5 months agozillow.com

Zillow Group, Inc., commonly known as Zillow, is a leading player in the real estate services industry, headquartered in the United States. Founded in 2006, Zillow has revolutionised the way people buy, sell, and rent homes, primarily operating across major markets in the US. The company offers a suite of innovative products, including its renowned online real estate marketplace, which provides users with access to comprehensive property listings, home value estimates, and insightful market trends.

Zillow's unique Zestimate feature sets it apart, offering estimated home values based on extensive data analysis. With a strong market position, Zillow has become synonymous with real estate search, boasting millions of monthly users and a significant presence in the digital real estate landscape. Its commitment to transparency and user-friendly technology continues to shape the future of home transactions.

40
DitchCarbon score

+12 vs industry average

Zillow’s score of 40 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Zillow's reported carbon emissions

Zillow Group, a real estate services company based in the US, has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 94% by 2030, using 2019 as a baseline year. The company also commits that 75% of its suppliers, covering procured goods and services, capital goods, and business travel, will have science-based targets by 2028. These targets are recognised as being consistent with limiting global warming to 1.5°C. In terms of emissions data, for the reporting year 2024, Zillow Group reported a total of approximately 820,940,000 kg CO2e. This figure is comprised of: * Scope 1 emissions: Approximately 0 kg CO2e. * Scope 2 emissions (market-based): Approximately 360,000 kg CO2e. * Scope 3 emissions: Approximately 78,534,000 kg CO2e, with purchased goods and services accounting for the largest portion at approximately 43,715,000 kg CO2e, and business travel contributing approximately 22,403,000 kg CO2e. For the reporting year 2023, Zillow Group's total emissions were approximately 83,381,000 kg CO2e. This included: * Scope 1 emissions: Approximately 197,000 kg CO2e. * Scope 2 emissions (market-based): Approximately 363,000 kg CO2e. * Scope 3 emissions: Approximately 79,806,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 49,745,000 kg CO2e, and business travel at approximately 19,225,000 kg CO2e. In 2022, Zillow Group reported total emissions of approximately 2,997,190,000 kg CO2e, with Scope 3 emissions being the most significant at approximately 2,891,364,000 kg CO2e. This includes a substantial contribution from the use of sold products (approximately 1,360,079,000 kg CO2e) and end-of-life treatment of sold products (approximately 1,467,983,000 kg CO2e). Scope 1 emissions were approximately 4,258,000 kg CO2e and Scope 2 emissions (market-based) were approximately 3,567,000 kg CO2e. For 2021, Zillow Group's total emissions were approximately 5,177,270,000 kg CO2e, with Scope 3 emissions accounting for approximately 4,955,470,000 kg CO2e. Scope 1 emissions were approximately 3,210,000 kg CO2e and Scope 2 emissions (market-based) were approximately 18,288,000 kg CO2e. In 2020, the company reported total emissions of approximately 1,422,075,000 kg CO2e, with Scope 3 emissions at approximately 1,408,245,000 kg CO2e. Scope 1 emissions were approximately 613,000 kg CO2e and Scope 2 emissions (market-based) were approximately 13,123,000 kg CO2e. For 2019, Zillow Group reported total emissions of approximately 1,539,615,000 kg CO2e, with Scope 3 emissions being the dominant category at approximately 1,515,175,000 kg CO2e. This includes significant contributions from the use of sold products (approximately 1,049,105,000 kg CO2e) and end-of-life treatment of sold products (approximately 486,841,000 kg CO2e). Scope 1 emissions were approximately 1,191,000 kg CO2e and Scope 2 emissions (market-based) were approximately 21,254,000 kg CO2e.

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Zillow’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Zillow yet.

Scope 3 top emissions categories

10 of 15 categories disclosed
Purchased Goods & Services56%
Business Travel29%
Investments6%
Employee Commuting4%
Use of Sold Products3%
Capital Goods1%
Downstream Leased Assets1%
Fuel & Energy Activities1%
Purchased Goods & Services56%
Business Travel29%
Investments6%
Employee Commuting4%
Use of Sold Products3%
Capital Goods1%
Downstream Leased Assets1%
Fuel & Energy Activities1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Zillow logoZillow
USReal Estate Services
5 months ago
40
LinkedIn Corporation logoLinkedIn Corporation
USComputer Services
22 days ago
84
View
Costar logoCostar
USReal Estate Services
6 days ago
52
View
Csg logoCsg
USComputer Services
2 days ago
46
View
Jack Henry logoJack Henry
USFinancial Intermediation
22 days ago
39
View
Colliers logoColliers
CAReal Estate Services
15 days ago
38
View
T
Twitter, Inc.
USComputer Services
22 days ago
28
View

Frequently asked questions

Common questions about Zillow’s sustainability data and climate commitments

Zillow's total carbon emissions for 2024 were approximately 820 million kg CO2e. This includes roughly 360,000 kg CO2e from Scope 2 emissions and approximately 78.5 million kg CO2e from Scope 3 emissions, primarily driven by purchased goods and services. The company has made significant strides in reducing its emissions, tracking ahead of its ambitious target to cut absolute Scope 1 and 2 emissions by 94% by around 2030, using 2019 as a baseline.

Data year: 2024

Usage policy

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See our License Agreement for more details.

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