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.
+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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Zillow's reported carbon emissions
Zillow Carbon Emissions and Climate Commitments
Zillow, a US-based real estate services company, has established significant climate commitments and reported its greenhouse gas emissions.
Emissions Data:
- 2024: Zillow reported total gross emissions of approximately 78.9 million kg CO2e. This included Scope 1 emissions of 0 kg CO2e, and Scope 2 market-based emissions of approximately 360,000 kg CO2e. Scope 3 emissions were approximately 78.5 million kg CO2e, with purchased goods and services accounting for the largest portion at approximately 43.7 million kg CO2e.
- 2023: The company's total gross emissions were approximately 81.8 million kg CO2e. Scope 1 emissions were approximately 197,000 kg CO2e, and Scope 2 market-based emissions were approximately 363,000 kg CO2e. Scope 3 emissions totalled approximately 79.8 million kg CO2e.
- 2022: Zillow reported total gross emissions of approximately 2.90 billion kg CO2e. This comprised Scope 1 emissions of approximately 4.26 million kg CO2e and Scope 2 market-based emissions of approximately 3.57 million kg CO2e. Scope 3 emissions were approximately 2.89 billion kg CO2e.
- 2021: Total gross emissions were approximately 5.0 billion kg CO2e. Scope 1 emissions were approximately 3.21 million kg CO2e, with Scope 2 market-based emissions at approximately 18.29 million kg CO2e. Scope 3 emissions were approximately 4.96 billion kg CO2e.
- 2020: Total gross emissions were approximately 1.42 billion kg CO2e, including Scope 1 emissions of approximately 613,000 kg CO2e and Scope 2 market-based emissions of approximately 13.12 million kg CO2e. Scope 3 emissions were approximately 1.41 billion kg CO2e.
- 2019: Zillow reported total gross emissions of approximately 1.72 billion kg CO2e. Scope 1 emissions were approximately 1.19 million kg CO2e, and Scope 2 market-based emissions were approximately 21.25 million kg CO2e. Scope 3 emissions were approximately 1.69 billion kg CO2e.
Climate Commitments and Reduction Targets:
Zillow has set ambitious science-based targets for emissions reduction. They commit to:
- Reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 94% by 2030, using 2019 as the base year.
- Ensuring that 75% of their suppliers, covering procured goods and services, capital goods, and business travel, have science-based targets by 2028.
These targets are aligned with a 1.5°C warming scenario, as confirmed by SBTi.
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Zillow’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Zillow yet.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Zillow’s sustainability data and climate commitments
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