CoStar Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, CoStar Group disclosed greenhouse gas emissions of 127.6K MT CO2e. By scope: Scope 1: 3.1K MTCO2e; Scope 2: 8.1K MTCO2e; Scope 3: 117.1K MTCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
127.6K MT CO2e
2023
⚡
Renewable Energy
3.7%
of total energy
♻️
Waste
557 MTCO2e
2023
⚙️
Energy Use
40.8K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.1K MTCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.8.1K MTCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).117.1K MTCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023127.6K MT CO2e
202296.7K MT CO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔭 Long-term

  • Net Zero future (commitment made, targets to be set in 2024)

🌱 ESG Focus Areas

Climate ChangeGreenhouse Gas EmissionsEnergy EfficiencyRenewable EnergyData Center SustainabilityEmployee EngagementDiversity, Equity & InclusionHealth & SafetyPhilanthropic ProgramsData PrivacyCybersecurityBoard DiversitySupplier Diversity

⚠️ Challenges & Risks +

  • Reducing total annual data center energy consumption despite significant company growth.
  • Managing environmental risks, including those related to climate change, for customers while minimizing CoStar's own environmental footprint.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards: Core Option
Assurance: Cameron-Cole (limited assurance on Scope 1, 2, and parts of Scope 3)