REA Group Receives Carbon Neutral Certification

April 26, 2021

Leading Australian portal operator REA Group has been declared a climate-neutral organization after the Melbourne based company completed the Climate Active certification for its 2020 carbon footprint. The certificate is awarded by an Australian government-backed organization that encourages companies and society in general to reduce emissions and increase sustainability. Companies such as REA Group that wholly offset their carbon footprint are awarded carbon-neutral certification.

Speaking about an issue on which he beleives businesses can be leaders in society, REA Group CEO Owen Wilson said: "As an organisation we are taking action to reduce and offset as much carbon from the atmosphere as we are responsible for creating. We are also working to understand more about how the broader property industry can make the best sustainable decisions, and we are committed to working with our customers to help our industry play its part.”

REA Group is among a number of large portal companies to embrace both the environmental and PR benefits of sustainability in recent years. Both REA and US market-leader Zillow now produce annual sustainability reports on the state of their domestic housing industries, and British portal company Rightmove has claimed a similar carbon-neutral credential since 2019 after appointing an independent carbon and energy management company to assess its emissions.

 

April 26, 2021
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Building With Logo Editado
​Hemnet Delivers Strong Q1 Results Amidst Product Innovation and Market Momentum​

Sweden's leading property portal, Hemnet, has reported impressive financial results for the first quarter of 2025, showcasing the robust growth...

Read More
Product Update 2025Apr25 1
Product and Services Roundup: Loopnet, Finn.no, REA Group, Rightmove, Housing.com, AtHome.jp

This week's Product Roundup is flush with some of the biggest names in global real estate. We'll start in Europe,...

Read More
Offerpad Opendoor Stock 2
American iBuyers Opendoor and Offerpad Both Face Delisting From Stock Exchange

U.S.-based iBuying firm Offerpad has received a notice from the New York Stock Exchange regarding non-compliance with continued listing standards....

Read More
Untitled Design 9 3
Zillow Begins Rolling Back its Two-Tab Search Experience

Zillow has begun rolling out a major update to its search experience, moving away from a rule it once implemented...

Read More

Editor's Pick