As of 2025, CoStar Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into CoStar Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2033 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2050 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added | Copy restricted. Please purchase to unlock this data. | 2033 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added | Copy restricted. Please purchase to unlock this data. | 2050 |
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As of 2025, CoStar Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
As of 2025, CoStar Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
CoStar Group's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 11,266 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a
As of 2024, CoStar Group is ahead of schedule on its operational emissions reduction target, having achieved 6.07% of the planned reduction. a
As of 2025, CoStar Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
CoStar Group's most ambitious value chain target is to reduce these emissions by 61.1% by 2033, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added in 2023. a
Instead of reducing value chain emissions, CoStar Group has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. a