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 28 is higher than 79% 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 reported total carbon emissions of approximately 5,490,000 kg CO2e, comprising 201,000 kg CO2e from Scope 1, 5,490,000 kg CO2e from Scope 2, and 981,071,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 127,000 kg CO2e, while Scope 2 emissions remained relatively stable. In 2022, the company’s total emissions were approximately 5,559,000 kg CO2e, with Scope 1 emissions at 127,000 kg CO2e and Scope 2 at 5,432,000 kg CO2e. The Scope 3 emissions for that year were primarily driven by the use of sold products, amounting to about 1,005,508,000 kg CO2e. Meritage Homes has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its climate impact. The majority of its emissions stem from Scope 3, particularly from the use of sold products, which highlights the importance of addressing emissions throughout the supply chain and product lifecycle.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 79,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,172,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,482,990,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
