Zillow Group, Inc., commonly known as Zillow, is a leading online real estate marketplace headquartered in Seattle, Washington. Founded in 2006, Zillow has revolutionised the property search experience, providing users with comprehensive listings, home value estimates, and innovative tools for buying, selling, and renting homes across the United States. Operating primarily in major metropolitan areas, Zillow offers a suite of services, including Zillow Offers, which allows homeowners to sell directly to the company, and Zillow Home Loans, facilitating financing options. With its user-friendly platform and extensive database, Zillow has established itself as a trusted resource in the real estate industry, boasting millions of monthly visitors and a significant market share. The company's commitment to transparency and accessibility continues to set it apart in a competitive landscape.
How does Zillow'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.
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.
Zillow's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Zillow Group, Inc. reported total carbon emissions of approximately 80,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 79,806,000 kg CO2e. Scope 1 emissions were reported at 197,000 kg CO2e, while Scope 2 emissions totalled approximately 363,000 kg CO2e (market-based). The company has set ambitious targets to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 94% by 2030, using 2019 as the base year. Additionally, Zillow aims for 75% of its suppliers, based on emissions from procured goods and services, capital goods, and business travel, to have science-based targets by 2028. In 2022, Zillow's emissions were significantly higher, with Scope 3 emissions reaching about 2,891,364,000 kg CO2e, while Scope 1 and 2 emissions were reported at approximately 4,258,000 kg CO2e and 3,567,000 kg CO2e (market-based), respectively. The company has consistently disclosed emissions data across all three scopes since 2020, demonstrating a commitment to transparency and accountability in its climate strategy. Zillow's climate commitments align with industry standards, as their targets are consistent with the reductions required to limit global warming to 1.5°C, as classified by the Science Based Targets initiative (SBTi). The company is actively working towards these goals, with progress tracked and reported regularly.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,191,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 21,254,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 |
Scope 3 | 1,724,633,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
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.
Zillow is participating in some 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.