Merlin Properties
Merlin Properties, a prominent player in the real estate investment sector, is headquartered in Spain (ES) and primarily operates across major urban centres in the Iberian Peninsula. Founded in 2014, the company has rapidly established itself as a leader in the acquisition, development, and management of commercial properties, particularly in the office and retail segments. With a diverse portfolio that includes high-quality assets in prime locations, Merlin Properties distinguishes itself through its commitment to sustainability and innovation. The company has achieved significant milestones, including a successful listing on the Spanish stock exchange, which has bolstered its market position. Recognised for its strategic approach and robust financial performance, Merlin Properties continues to shape the landscape of the real estate industry in Spain and beyond.
DitchCarbon Score
How does Merlin Properties'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
Merlin Properties's score of 79 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merlin Properties's reported carbon emissions
In 2023, Merlin Properties reported total carbon emissions of approximately 332,000 kg CO2e, comprising 98,000 kg CO2e from Scope 1, 139,000 kg CO2e from Scope 2, and 110,000 kg CO2e from Scope 3 emissions. This reflects a significant reduction from previous years, with total emissions of about 17,210,000 kg CO2e in 2022 and 15,824,000 kg CO2e in 2021. Merlin Properties has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. Furthermore, the company is committed to achieving a 90% reduction in total emissions across all scopes (1, 2, and 3) by 2050, also from a 2018 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the goal of limiting global warming to 1.5°C. The company has demonstrated a proactive approach to measuring and managing its carbon footprint, with a focus on both operational emissions and those associated with its supply chain. As part of its sustainability strategy, Merlin Properties is dedicated to continuous improvement in its environmental performance, contributing to broader climate action efforts within the real estate sector.
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| 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,464,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 3,826,000 | 0,000,000 | 00,000,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000 | - | 000,000 | 000,000 | 000,000 | 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.
Merlin Properties is committed to some reduction initiatives 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.
