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 24 is lower than 52% 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 2023, Meritage Homes, headquartered in the US, reported total carbon emissions of approximately 1,200,000 kg CO2e. This figure includes 201,000 kg CO2e from Scope 1 emissions, 5,490,000 kg CO2e from Scope 2 emissions, and a significant 981,071,000 kg CO2e from Scope 3 emissions, specifically from the use of sold products. The total emissions from Scope 1 and 2 combined were about 5,691,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 1,000,000 kg CO2e, with Scope 1 emissions at 127,000 kg CO2e, Scope 2 emissions at 5,432,000 kg CO2e, and Scope 3 emissions from the use of sold products at 1,005,508,000 kg CO2e. This indicates a slight increase in Scope 1 and 2 emissions, while Scope 3 emissions decreased marginally. Meritage Homes has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organisation. Overall, Meritage Homes is actively monitoring its carbon footprint, particularly in Scope 3 emissions, which represent the largest portion of its total emissions. The company continues to focus on its operational emissions while navigating the complexities of emissions from its products in use.
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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.
