Scout24 SE

Climate Impact & Sustainability Data (2020, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:4,211 metric tonnes CO2e (2019)

Total Energy Consumption:5,511,095 kWh (2019)

Waste Generated:13.6 tonnes of IT and mobile devices (2020)

Carbon Intensity:5.1 metric tonnes CO2e per employee (2019)

ESG Focus Areas

Climate change
Diversity & Inclusion
Sustainable product development
Corporate Governance
Social Responsibility

Environmental Achievements

Reduced greenhouse gas emissions by 31.2% from 2018 to 2019
Switched to 100% green electricity at Munich and Cologne offices since 2018 and Berlin since early 2020.
Moved to a new, sustainable office building in Berlin in December 2020.

Social Achievements

Launched a comprehensive immediate action program for customers during the COVID-19 pandemic.
Launched the Social Summer, a corporate volunteering initiative.
Held the 8th annual Berlin Social Academy, providing training to non-profit organizations.
Increased the proportion of women in management positions by four percentage points.
15% more men on parental leave than in the previous year.

Governance Achievements

Established a new Sustainability Committee in November 2020.
Published a company-wide DNA Culture Code in January 2020.
Adapted the signature rights policy in the new procurement policy and revised it with regard to processes of transactions with related persons and major customers.
No relevant infringements by employees became known in 2020 regarding corruption or anti-competitive behavior.

Climate Goals & Targets

Medium-term Goals:

Achieve climate neutrality by 2025.

Short-term Goals:

Reduce CO2 emissions by 60% compared to 2018 by 2025.

Environmental Challenges

COVID-19 pandemic impact on business and work.
Maintaining employee motivation and team spirit while working remotely.
Accelerating digitization in the real estate industry.
Combating fraud and data theft on online platforms.

Mitigation Strategies

Formed an interdisciplinary crisis team to manage the COVID-19 pandemic.
Launched various initiatives to support employee well-being during remote work (virtual gym classes, office equipment supply, digital childcare).
Published a comprehensive immediate action program for customers.
Participated in the #TogetherThroughTheCrisis initiative to accelerate digitization.
Implemented technical measures to prevent fraud and data theft, including a quality offensive on the property platform and machine learning algorithms.

Supply Chain Management

Responsible Procurement

Increasingly using sustainability and resource conservation as criteria for supplier selection.
Planning to develop a code of conduct for suppliers in 2021.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: ‘Core’ option

Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft

UN Sustainable Development Goals

SDG 3: Good health and well-being
SDG 4: Quality education
SDG 5: Gender equality
SDG 7: Affordable and clean energy
SDG 8: Decent work and economic growth
SDG 9: Industry, innovation and infrastructure
SDG 10: Reduced inequalities
SDG 11: Sustainable cities and communities
SDG 13: Climate action
SDG 17: Partnerships for the goals

Initiatives contribute to these goals through various programs and strategies.

Sustainable Products & Innovation

Features highlighting energy-efficient properties on ImmoScout24.
Digital application folder and other Plus membership services.

Awards & Recognition

Financial Times named Scout24 one of Europe’s leading companies in terms of diversity.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1458 tCO2e/year (2022)

Scope 1 Emissions:54 tCO2e/year (2022)

Scope 2 Emissions:95 tCO2e/year (2022)

Scope 3 Emissions:1309 tCO2e/year (2022)

Total Energy Consumption:2652 MWh/year (2022)

Carbon Intensity:3.25 tCO2e/EUR million revenue (2022)