Zillow Group Inc

Common Name
Zillow Group
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
6,819
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 2023, 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Zillow Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Zillow Group amounted to 3,614 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Zillow Group decreased by 64.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Zillow Group's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-48%+424%+33%-95%
  • Total Scope 1
  • Year-over-Year Change

What are Zillow Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Zillow Group were 197 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Zillow Group reduced its Scope 1 emissions over time?

Since 2019, Zillow Group's Scope 1 emissions have decreased by 83.35%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Zillow Group's Scope 1 emissions decreased by 95.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Zillow Group's Scope 2 emissions?

In 2023, Zillow Group reported Scope 2 greenhouse gas (GHG) emissions of 363 tCOâ‚‚e using the market-based method, and 3,417 tCOâ‚‚e using the location-based method.

Has Zillow Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Zillow Group's Scope 2 emissions (Location-Based) fell by 43.17% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Zillow Group use for Scope 2 reporting?

In 2023, Zillow Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Zillow Group's Scope 2 Emissions Over Time

2019202020212022202306 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 2023, Zillow Group reported 79,806 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Zillow Group includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Zillow Group's Scope 3 Emissions Over Time

2019202020212022202301.5 M3 M4.5 M6 MtCO2e-50%+252%-42%-97%
  • Total Scope 3
  • Year-over-Year Change

What are Zillow Group's Scope 3 emissions?

In 2023, Zillow Group reported total Scope 3 emissions of 79,806 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 92.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.63% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Zillow Group reduced its Scope 3 emissions over time?

Since 2019, Zillow Group's Scope 3 emissions have decreased by 97.16%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Zillow Group's Scope 3 emissions decreased by 97.24%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Zillow Group disclose?

In 2023, Zillow Group reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Zillow Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 49,745 tCOâ‚‚e (62.33%)
  • Business Travel (Cat. 6): 19,225 tCOâ‚‚e (24.09%)
  • Employee Commuting (Cat. 7): 2,802 tCOâ‚‚e (3.51%)

Zillow Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(62.3%)Business Travel(Cat. 6)(24.1%)Employee Commuting(Cat. 7)(3.5%)

Insights into Zillow Group's Total Carbon Footprint

In 2023, Zillow Group reported a total carbon footprint of 83,420 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 97.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Zillow Group's total carbon footprint was Scope 3 emissions, accounting for 95.67% of the company's total carbon footprint, followed by Scope 2 emissions at 4.1%.

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