Zillow Group Inc

Common Name
Zillow Group
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
6,856
Ticker
Z
Exchange
NASDAQ/NGS
Description
Zillow Group Inc. is a technology-driven company that operates in the real estate industry, primarily offering a suite of digital products and services that facilitate the buying, selling, renting, an...

Zillow Group's GHG Emissions Data Preview

In 2024, Zillow Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Zillow Group has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Zillow Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Zillow Group’s data sources below and access millions more through our Disclosure Search.

a. Zillow Group's Sustainability Report 2024
a. Zillow Group's Sustainability Report 2024
b. Zillow Group's Sustainability Report 2021
b. Zillow Group's Sustainability Report 2021

Insights into Zillow Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Zillow Group amounted to 2,338 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Zillow Group decreased by 35.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Zillow Group's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-48%+424%+33%-95%-100%
  • Total Scope 1
  • Year-over-Year Change

What are Zillow Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zillow Group were 0 metric tons of CO₂ equivalent (tCO₂e). a

Has Zillow Group reduced its Scope 1 emissions over time?

Since 2019, Zillow Group's Scope 1 emissions have decreased by 100%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Zillow Group's Scope 1 emissions decreased by 100%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Zillow Group's Scope 2 emissions?

In 2024, Zillow Group reported Scope 2 greenhouse gas (GHG) emissions of 360 tCO₂e using the market-based method and 2,338 tCO₂e using the location-based method. a

Has Zillow Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Zillow Group's Scope 2 emissions (Location-Based) fell by 31.58% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Zillow Group use for Scope 2 reporting?

In 2024, Zillow Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Zillow Group's Scope 2 Emissions Over Time

20192020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Zillow Group's Value Chain Emissions

In 2024, Zillow Group reported 78,534 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Zillow Group includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Zillow Group's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-50%+252%-42%-97%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Zillow Group's Scope 3 emissions?

In 2024, Zillow Group reported total Scope 3 emissions of 78,534 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 90.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.94% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Zillow Group reduced its Scope 3 emissions over time?

Since 2019, Zillow Group's Scope 3 emissions have decreased by 97.21%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Zillow Group's Scope 3 emissions remained relatively stable, indicating that Zillow Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Zillow Group disclose?

In 2024, Zillow Group reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Zillow Group's Scope 3 emissions?

In 2024, the largest contributors to Zillow Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 43,715 tCO₂e (55.66%)
  • Business Travel (Cat. 6): 22,403 tCO₂e (28.53%)
  • Investments (Cat. 15): 4,709 tCO₂e (6%)

Zillow Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(28.5%)Purchased Goods andServices (Cat. 1)(55.7%)Investments(Cat. 15)(6.0%)

Insights into Zillow Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Zillow Group reported Scope 1 greenhouse gas (GHG) emissions of 197 tCO₂e and total revenues of USD 1,945 millions. This translates into an emissions intensity of 0.1 tCO₂e per millions USD. a

Zillow Group's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)CPCCCencoraYear: 2024Scope 1: 135,087 tCO2eRevenue: $M 293,987Scope 1 Intensity: 0.46 tCO2e/$MMatch GroupYear: 2024Scope 1: 564 tCO2eRevenue: $M 3,479Scope 1 Intensity: 0.16 tCO2e/$MMeta PlatformsYear: 2024Scope 1: 47,468 tCO2eRevenue: $M 164,477Scope 1 Intensity: 0.29 tCO2e/$MIridium CommunicationsYear: 2023Scope 1: 183 tCO2eRevenue: $M 791Scope 1 Intensity: 0.23 tCO2e/$MOmnicom GroupYear: 2024Scope 1: 32,733 tCO2eRevenue: $M 15,689Scope 1 Intensity: 2.09 tCO2e/$MFrontier Communications ParentYear: 2023Scope 1: 117,263 tCO2eRevenue: $M 5,676Scope 1 Intensity: 20.66 tCO2e/$MIPGYear: 2024Scope 1: 10,183 tCO2eRevenue: $M 10,692Scope 1 Intensity: 0.95 tCO2e/$MFoxYear: 2024Scope 1: 14,820 tCO2eRevenue: $M 13,980Scope 1 Intensity: 1.06 tCO2e/$MNew York TimesYear: 2024Scope 1: 3,598 tCO2eRevenue: $M 2,586Scope 1 Intensity: 1.39 tCO2e/$MIACYear: 2023Scope 1: 5,536 tCO2eRevenue: $M 4,365Scope 1 Intensity: 1.27 tCO2e/$MAT&TYear: 2024Scope 1: 545,052 tCO2eRevenue: $M 122,335Scope 1 Intensity: 4.46 tCO2e/$MNewsYear: 2023Scope 1: 12,702 tCO2eRevenue: $M 9,879Scope 1 Intensity: 1.29 tCO2e/$MLumen TechnologiesYear: 2023Scope 1: 166,652 tCO2eRevenue: $M 14,557Scope 1 Intensity: 11.45 tCO2e/$MNetflixYear: 2024Scope 1: 50,488 tCO2eRevenue: $M 39,002Scope 1 Intensity: 1.29 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MWalt DisneyYear: 2024Scope 1: 921,163 tCO2eRevenue: $M 91,361Scope 1 Intensity: 10.08 tCO2e/$MPPPinterestYear: 2023Scope 1: 602 tCO2eRevenue: $M 3,056Scope 1 Intensity: 0.20 tCO2e/$MElectronic ArtsYear: 2025Scope 1: 2,977 tCO2eRevenue: $M 7,463Scope 1 Intensity: 0.40 tCO2e/$MWarner Music GroupYear: 2023Scope 1: 1,583 tCO2eRevenue: $M 6,037Scope 1 Intensity: 0.26 tCO2e/$MSnapYear: 2023Scope 1: 9,822 tCO2eRevenue: $M 4,606Scope 1 Intensity: 2.13 tCO2e/$MUpworkYear: 2019Scope 1: 33 tCO2eRevenue: $M 301Scope 1 Intensity: 0.11 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$M

How does Zillow Group's GHG emissions intensity compare to its peers?

In 2023, Zillow Group reported a Scope 1 emissions intensity of 0.1 tCO₂e per millions USD. Compared to the peer group median of 1.06 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Zillow Group rank on GHG emissions intensity within its industry?

In 2023, Zillow Group ranked 1 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Zillow Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Zillow Group's Total Carbon Footprint

In 2024, Zillow Group reported a total carbon footprint of 80,872 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Zillow Group's total carbon footprint was Scope 3 emissions, accounting for 97.11% of the company's total carbon footprint, followed by Scope 2 emissions at 2.89%. a

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