An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
CoStar Group Publishes 2023 Environmental, Social, and Governance Report
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
CoStar Group (NASDAQ: CSGP) has released its 2023 Environmental, Social, and Governance (ESG) Report, showcasing its commitment to ESG practices. The report highlights the establishment of the company's baseline greenhouse gas emissions and plans to complete the CDP Questionnaire this summer. It also emphasizes improved human capital disclosures, diversity initiatives, and a commitment to equity and inclusion. CoStar aims to enhance its transparency and sustainability across operations while positively impacting communities and shareholders.
Positive
Established baseline greenhouse gas emissions for the first time.
Plans to complete the CDP Questionnaire.
Enhanced human capital disclosures show excellent diversity and employee engagement.
Diversified hiring process with access for over 300 underrepresented candidate organizations.
Negative
None.
Report underscores CoStar Group’s commitment to excellence and transparency in its Environmental, Social and Governance practices
WASHINGTON--(BUSINESS WIRE)--
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, released today its 2023 Environmental, Social, and Governance Report. The report highlights the company’s commitment to making business decisions that prioritize its people, communities, and shareholders through meaningful environmental, social and governance (ESG) practices.
“ESG continues to be a critical priority for CoStar Group,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “In 2022, we calculated the company’s baseline greenhouse gas emissions for the first time and plan to complete the CDP Questionnaire for the first time this summer. This year’s ESG report has enhanced human capital disclosures showing excellent diversity, employee engagement and retention statistics. Over the past year, we have taken steps to diversify our hiring process even further by ensuring that more than 300 organizations that target underrepresented candidates have access to our job openings, and when using external search partners, we require the firms to present us with a slate of candidates that includes at least 50% from underrepresented groups. I am tremendously proud of what we have been able to accomplish in 2022 and look forward to even greater progress in the years to come.”
The full report lays out CoStar Group's values and achievements in areas including sustainability, diversity, equity, and inclusion (DEI), community impact and volunteerism, corporate governance, and more. Collectively, it represents the company’s commitment to attaining greater environmental sustainability, transparency, and fairness in all aspects of its operations.
To learn more about CoStar Group’s commitment to positive ESG practices or to read the company’s 2023 report, visit investors.costargroup.com/ESG.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information.
