Meritage Homes
Meritage Homes Corporation, commonly referred to as Meritage Homes, is a prominent player in the residential construction industry, headquartered in the United States. Founded in 1985, the company has established a strong presence in key operational regions, including Arizona, California, Texas, and Florida. Specialising in energy-efficient homes, Meritage Homes is renowned for its innovative designs and commitment to sustainability, offering a range of single-family homes and communities tailored to diverse lifestyles. The company has achieved significant milestones, including recognition for its eco-friendly building practices and customer satisfaction ratings. With a focus on quality and affordability, Meritage Homes has positioned itself as a leader in the market, consistently delivering homes that meet the evolving needs of modern buyers. Its dedication to excellence has earned numerous accolades, solidifying its reputation as a trusted name in homebuilding.
DitchCarbon Score
How does Meritage Homes's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Meritage Homes's score of 21 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meritage Homes's reported carbon emissions
In 2022, Meritage Homes reported total greenhouse gas emissions of approximately 5,559,000 kg CO2e, which includes 127,000 kg CO2e from Scope 1 and 5,432,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, specifically 1,843,742,000 kg CO2e from the use of sold products. The GHG intensity for Scope 1 and 2 was about 2,900 kg CO2e per full-time employee, while the Scope 3 Category 11 GHG intensity was approximately 130,700 kg CO2e per home delivered. In 2021, Meritage Homes' emissions were slightly lower, with total emissions of about 5,116,000 kg CO2e, comprising 142,000 kg CO2e from Scope 1 and 4,974,000 kg CO2e from Scope 2. The Scope 3 emissions for that year were approximately 1,716,141,000 kg CO2e, indicating a trend in high emissions from the use of sold products. Despite the detailed emissions reporting, Meritage Homes has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company is currently focusing on its operational emissions without publicly stated climate pledges or reduction strategies. Overall, while Meritage Homes has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 86,000 | 000,000 | 000,000 |
| Scope 2 | 5,816,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,652,529,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Meritage Homes is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
