Merlin Properties

Merlin Properties, a real estate services company headquartered in Spain, reported its most recent carbon emissions for 2025, with Scope 1 emissions at approximately 2,328,000 kg CO2e and Scope 2 emissions at approximately 28,000 kg CO2e. In 2024, its Scope 1 emissions were approximately 2,944,000 kg CO2e and Scope 2 emissions were approximately 16,000 kg CO2e. For 2023, Scope 1 emissions were about 2,558,000 kg CO2e and Scope 2 emissions were about 121,000 kg CO2e.

Looking further back, in 2022, Merlin Properties reported Scope 1 emissions of approximately 2,668,000 kg CO2e, market-based Scope 2 emissions of about 46,000 kg CO2e, and Scope 3 emissions of approximately 133,674,000 kg CO2e. In 2021, the company's Scope 1 emissions were around 2,675,000 kg CO2e, market-based Scope 2 emissions were about 754,000 kg CO2e, and Scope 3 emissions were approximately 105,332,000 kg CO2e.

Merlin Properties has set ambitious climate commitments. The company aims for an 85% reduction in operational carbon from a 2018 baseline to 2028. It also has Science Based Targets initiative (SBTi) approved targets, committing to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030 from a 2018 base year. Furthermore, Merlin Properties commits to measure and reduce its Scope 3 emissions, and to achieve a 90% reduction in combined Scope 1, Scope 2, and Scope 3 emissions by 2050 from a 2018 base year, aligning with a 1.5°C global warming scenario.