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Headquartered in the US, The Macerich Company, often simply referred to as Macerich, stands as a prominent leader in the real estate services sector. This vertically integrated company, established in 1964, specialises in the acquisition, ownership, development, redevelopment, management, and leasing of exceptional retail properties.
Macerich's core business revolves around creating vibrant shopping destinations, primarily focusing on high-quality regional malls and community shopping centres across the United States. Their expertise lies in transforming and curating these spaces into dynamic environments that attract leading retailers and diverse consumer experiences.
With a strong market presence, Macerich distinguishes itself through its portfolio of top-tier assets and its strategic approach to retail innovation. They are recognised for their ability to adapt to evolving consumer trends, consistently delivering value for tenants and shareholders within the competitive real estate landscape.
45
DitchCarbon score
+16 vs industry average
Macerich’s score of 45 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Macerich's reported carbon emissions
Macerich reported total Scope 1, 2, and 3 emissions of approximately 221.45 million kg CO2e in 2024. This follows a total of approximately 231.42 million kg CO2e in 2023, and approximately 240.43 million kg CO2e in 2022.
The company has set a Science Based Target initiative (SBTi) approved near-term target. Macerich commits to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 46.2% by 2030, from a 2019 base year. This target is consistent with reductions required to keep global warming to 1.5°C.
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Macerich’s Climate Goals (2030 & 2050)
1 goal2030
46.2% reduction in all scopes
Macerich commits to reduce absolute scope 1, 2 and 3 GHG emissions 46.2% by 2030 from a 2019 base year.
Behind target46.2%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Macerich9 months ago
45
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Frequently asked questions
Common questions about Macerich’s sustainability data and climate commitments
In 2024, Macerich reported total Scope 1, 2, and 3 emissions of approximately 221.45 million kg CO2e. This figure represents a decrease from the approximately 231.42 million kg CO2e reported in 2023 and approximately 240.43 million kg CO2e in 2022. This downward trend indicates progress in managing the company's overall carbon footprint within the real estate services sector.
Data year: 2024
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