REA Group

REA Group is a global digital advertising company, specialising in property and related services. We use innovative thinking and new technology to deliver the best products and services to our customers and consumers. 

Our people are the key to our success. We have a team of more than 1,400 people who are purpose-driven and collaborative, which drives our inventive culture and changes the way the world experiences property.

“Certification sends a powerful message to key stakeholders of an organisation’s commitment to reducing greenhouse gas emissions, building reputation, engagement and loyalty.”

Type of certification

Organisation

How long have you been certified carbon neutral?

Since March 2021.

Why did you choose to go carbon neutral?

We recognise that climate change is a serious global issue that will impact almost all aspects of our society and economy.

For REA Group to deliver on our purpose to change the way the world experiences property, we need to account for climate change in our own operations. One of the ways we’re doing this is by going carbon neutral via Climate Active.

What are the anticipated benefits of your carbon neutral certification?

Across the business, with the implementation of our newly developed carbon reduction plan, we anticipate seeing the following benefits:

  • Stronger reputation and advocacy for REA as a model corporate citizen from key stakeholder groups who increasingly expect companies to adopt meaningful policies in this space, including our customers, shareholders and supply chain partners.
  • Improved employee engagement in sustainability issues through our working groups who facilitate our carbon reduction activities, environmental awareness campaigns and events.
  • Stronger employee value proposition to attract talent increasingly focused on joining organisations with robust sustainability practices.
  • Financial savings from reduced energy bills through implemented energy efficiency measures across the offices within our operational control.  

What offset projects do you support?

A biomass-based cogeneration project in India and a wind project in India stapled to an Australian biodiversity project.  

Why did you choose these projects?

We have chosen to support renewable energy projects that focus on clean energy because we want to further support the shift away from fossil fuels and overall grid decarbonisation across the globe.

We have chosen to include additional offsets from a project in our headquartered country of Australia from Watchbox Australian Biodiversity that protects several endangered species by conserving valuable native habitat.   

How can the community support you?

Our customers and consumers can support our aims to reduce the broader impact of the property sector on the environment by using the resources on our websites, which provide guidance on how to make sustainable changes and reduce their own carbon emissions.

What else are you doing to reduce emissions?

We published our first climate change policy in October 2020, which identifies our risks and impacts relating to climate change, as well as outlining our science-based carbon reduction targets aligned with the Paris Agreement.  

We have developed a carbon reduction action plan to address the six largest contributors to our carbon footprint and subsequently established cross-functional squads across our business to build out the action plan. This includes:

  • Transitioning to solar in REA Group’s Melbourne-based head office.
  • Setting targets to transition to GreenPower.
  • Improve energy efficiency by ensuring new office buildings being rented or built have high NABERS base building ratings.
  • Encourage employees to replace flights with virtual meetings and support this with a travel policy update.
  • Commit to supporting the reduction of emissions from employee commuting through:
    • Developing a policy requiring offices to be in close proximity to public transport locations, where practicable.
    • Regular communication to encourage more employees to actively commute to work.
    • Ensuring end-of-trip facilities are eco-friendly and accessible for all employees.
    • Facilitating discounts on public transport, bicycle purchases, e-bike novated leasing options and ensuring safe storage of bikes is available.
    • Communicating the benefits to employees of purchasing higher efficiency or hybrid vehicles.
    • Providing electricity charging stations at offices.

What advice would you give to a business considering certification?

The benefits of achieving carbon neutral certification extend beyond simply the positive environmental impacts. Certification will send a powerful message to key stakeholders of an organisation’s commitment to reducing greenhouse gas emissions, building reputation, engagement and loyalty.

Find out more…

Public Disclosure Statement

CERTIFICATION TYPE:
Organisation

YEAR

2019-20

PUBLICATION DATE:
2021-03-05

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