Potential offtaker

Zillow Group, Inc.

www.zillow.com

Estimated electricity consumption

N/A

Countries of production presence

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Zillow Group Inc. is a leading real estate and property web company headquartered in Seattle, Washington, United States. The company was founded in 2006 and has since grown to become a trusted source of information for home buyers, sellers, renters, and real estate professionals. Zillow Group operates several brands, including Zillow, Trulia, StreetEasy, HotPads, and Out East, which provide a range of services such as property listings, home valuations, and rental search tools.

As a company that operates in the real estate sector, Zillow Group is acutely aware of the impact that climate change and environmental degradation can have on the industry. The company has made a commitment to decarbonisation and reducing its carbon footprint through various initiatives aimed at promoting sustainability and renewable energy.

One of the ways that Zillow Group has demonstrated its commitment to decarbonisation is through its Corporate Energy program. This program focuses on reducing the company's energy consumption and promoting the use of renewable energy sources. As part of this program, Zillow Group has set a target to achieve 100% renewable energy for its operations by 2025. The company has also implemented energy-efficient practices in its offices and data centers, such as using LED lighting and optimizing cooling systems.

Another way that Zillow Group is promoting renewable energy is through its Corporate Power Purchase Agreement (PPA) program. This program involves the company purchasing renewable energy directly from a wind or solar farm, which helps to support the growth of renewable energy infrastructure. Zillow Group has signed several PPAs in recent years, including a 100 MW wind power purchase agreement with Enel Green Power in 2019. This agreement will provide renewable energy to power Zillow Group's operations in Texas.

In addition to its Corporate Energy and Corporate PPA programs, Zillow Group is also committed to reducing its carbon footprint through other sustainability initiatives. For example, the company has implemented a waste reduction program that includes recycling and composting, as well as reducing the use of single-use plastics in its offices. Zillow Group also encourages its employees to use sustainable transportation options, such as biking or taking public transit, by providing incentives such as subsidized transit passes and bike storage facilities.

Zillow Group's commitment to sustainability and renewable energy has not gone unnoticed. The company has been recognized for its efforts by several organizations, including the Environmental Protection Agency (EPA) and the Carbon Disclosure Project (CDP). In 2020, Zillow Group was named to the CDP's A List for Climate Change, which recognizes companies that are leading the way in environmental action.

Overall, Zillow Group's commitment to decarbonisation and promoting renewable energy is an important step towards creating a more sustainable future. As a company that operates in the real estate sector, Zillow Group has a unique opportunity to lead by example and promote sustainable practices throughout the industry. By implementing initiatives such as its Corporate Energy and Corporate PPA programs, Zillow Group is demonstrating that it is possible for companies to be profitable while also being environmentally responsible.

✓ Declared Net Zero commitment