SEATTLE, Aug. 22, 2019 /PRNewswire/ -- Zillow® Group,
Inc., which is transforming how people buy, sell, rent, and finance
homes, today released its first Sustainability Report detailing the
company's current environmental, social impact, and governance
practices and achievements.
The report marks Zillow Group's first step in reporting on its
sustainability initiatives across four categories: People,
Communities, Platform and Footprint. The report details recent
progress on a number of key initiatives, including that in
2018:
- Women made up 42% of Zillow Group's total workforce and 22% of
its Board of Directors.
- Women at Zillow Group earned $1.01 for every dollar a man with similar skills
made in a comparable role.
- 1,000+ employees participated in one of Zillow Group's eight
affinity networks, which are employee-led groups designed to help
support daily practice of inclusion, equity, and belonging.
- 94% of employees would recommend that a friend work at Zillow
Group.
- Zillow Group increased to $2.2
million the cash and in-kind contributions it delivered to
partner organizations through its signature social impact
initiative, The Home Project.
- Employees gave 2,000 hours of employee volunteer time.
- 22% of Zillow Group office space was LEED certified.
"Fostering sustainable and responsible business practices is a
critical tenet in building a long-term, forward-thinking company,"
said Zillow Group Chief Corporate Relations Officer Dawn Lyon. "At Zillow Group, we care deeply
about how we support our employees, impact our communities, develop
our products, and operate in the world. Our inaugural
Sustainability Report sets a strong foundation for transparently
sharing our business policies, progress, and core values, and we
look forward to sharing our progress in these important areas as we
evolve our company to help more people by delivering seamless real
estate transactions."
Zillow was founded with a mission to bring transparency to real
estate at a level that was never before available to consumers.
Today, that continued commitment to transparency steers Zillow
Group's decisions as it transitions from an online marketplace for
facilitating connections between consumers and real estate agents
to driving the real estate transaction itself. As Zillow expands
its home-buying and selling program, Zillow Offers, it will
carefully monitor and manage the impact on the environment and
communities in which it operates. Zillow Offers is growing rapidly,
with plans to be in 26 markets by mid-year 2020.
Learn more about Zillow Group's progress in the Sustainability
Report.
About Zillow Group
Zillow Group, Inc. (NASDAQ:
Z) (NASDAQ: ZG) houses one of the largest portfolios of real estate
brands on mobile and the web that attracted more than
194 million average monthly unique users during Q2 2019.
Zillow Group is committed to leveraging its proprietary data,
technology and innovations to make home buying, selling, financing
and renting a seamless, on-demand experience for consumers. As its
flagship brand, Zillow® now offers a fully integrated home shopping
experience that includes access to for sale and rental listings,
Zillow Offers®, which provides a new, hassle-free way to buy and
sell eligible homes directly through Zillow; and Zillow Home Loans,
Zillow's affiliated lender that provides an easy way to receive
mortgage pre-approvals and financing. Other consumer brands include
Trulia®, StreetEasy®, HotPads®, Naked Apartments®, and Out East®.
In addition, Zillow Group provides a comprehensive suite of
marketing software and technology solutions to help real estate
professionals maximize business opportunities and connect with
millions of consumers. Zillow Group business brands for real
estate, rental and mortgage professionals include Mortech®,
dotloop®, Bridge Interactive® and New Home Feed®. The company is
headquartered in Seattle.
Zillow, Zillow Offers, Trulia, Mortech, Bridge Interactive,
StreetEasy, HotPads, dotloop, Out East and New Home Feed are
registered trademarks of Zillow, Inc. Naked Apartments is a
registered trademark of Naked Apartments, LLC. Zillow Home Loans,
LLC is an Equal Housing Lender; NMLS
10287, www.nmlsconsumeraccess.org.
(ZFIN)
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SOURCE Zillow, Inc.