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 33 is higher than 89% 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 1,000,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 201,000 kg CO2e, while Scope 2 emissions totalled approximately 5,490,000 kg CO2e. The majority of their emissions stemmed from Scope 3, particularly the use of sold products, which accounted for about 981,071,000 kg CO2e. Meritage Homes has set ambitious long-term climate commitments, aiming for net-zero emissions in both Scope 1 and Scope 2 by 2050. This initiative is exemplified by their development of the Solena at the Vineyards community, a net-zero energy, all-electric community in North Carolina, which began in 2020. In previous years, emissions data shows a trend of high Scope 3 emissions, with 2022 reporting approximately 1,005,508,000 kg CO2e and 2021 at about 3,264,560,000 kg CO2e. The company is actively working towards reducing its carbon footprint while maintaining its commitment to sustainable building practices.
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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.
