Meritage Homes Corporation, commonly referred to as Meritage Homes, is a prominent player in the real estate services industry, headquartered in the United States. Founded in 1985, the company has established a strong presence across major operational regions, including Arizona, California, Texas, and Florida. Specialising in the construction of energy-efficient homes, Meritage Homes is renowned for its commitment to sustainability and innovative design, setting it apart in a competitive market.
With a focus on residential development, the company offers a diverse range of products, including single-family homes and master-planned communities. Meritage Homes has achieved notable milestones, such as being recognised for its eco-friendly building practices and earning numerous awards for design excellence. As a leader in the industry, Meritage Homes continues to shape the future of homebuilding with its dedication to quality and customer satisfaction.
-10 vs industry average
Meritage Homes’s score of 18 is lower than 35% 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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Meritage Homes's reported carbon emissions
Meritage Homes, a US-based real estate services company, reported its carbon emissions for several years. In 2024, the company's total emissions were approximately 730.2 million kg CO2e. This figure comprises approximately 5.1 million kg CO2e for Scope 1 emissions, approximately 7.9 million kg CO2e for Scope 2 emissions, and approximately 710.7 million kg CO2e for Scope 3 emissions, with the majority attributed to the use of sold products.
For 2023, Meritage Homes reported total emissions of approximately 986.8 million kg CO2e. This included approximately 201,000 kg CO2e in Scope 1, approximately 5.5 million kg CO2e in Scope 2, and approximately 981.1 million kg CO2e in Scope 3 emissions, again largely from the use of sold products.
In 2022, the company's total emissions were approximately 1.011 billion kg CO2e, consisting of approximately 127,000 kg CO2e in Scope 1, approximately 5.4 million kg CO2e in Scope 2, and approximately 1.006 billion kg CO2e in Scope 3 emissions.
The company's emissions data for 2021 indicates total emissions of approximately 1.721 billion kg CO2e, with Scope 1 emissions at approximately 142,000 kg CO2e, Scope 2 at approximately 5.0 million kg CO2e, and Scope 3 at approximately 1.716 billion kg CO2e.
In 2020, Meritage Homes's total emissions were approximately 1.662 billion kg CO2e. Scope 1 emissions were approximately 86,000 kg CO2e, Scope 2 emissions were approximately 5.8 million kg CO2e, and Scope 3 emissions were approximately 1.653 billion kg CO2e.
For 2019, total reported emissions were approximately 2.678 billion kg CO2e. This included approximately 79,000 kg CO2e in Scope 1, approximately 5.1 million kg CO2e in Scope 2, and approximately 2.673 billion kg CO2e in Scope 3 emissions. Scope 3 emissions in 2019 were further broken down, with significant contributions from purchased goods and services (approximately 1.266 billion kg CO2e) and the use of sold products (approximately 1.384 billion kg CO2e).
Meritage Homes has not disclosed specific reduction targets or participation in climate initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge, based on the provided information. Their reporting focuses on the disclosure of emissions across Scope 1, 2, and 3 categories.
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Meritage Homes’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Meritage Homes yet.
Scope 3 top emissions categories
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Meritage Homes
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