Morguard Sustainability Profile
Morguard Corporation, a prominent player in the real estate industry, is headquartered in Canada and operates extensively across North America. Founded in 1972, Morguard has established itself as a leader in property management, investment, and development, focusing on diverse sectors including residential, commercial, and industrial properties. With a portfolio that spans over 18 million square feet of commercial space and thousands of residential units, Morguard is recognised for its commitment to quality and sustainability. The company’s unique approach combines innovative management strategies with a deep understanding of market dynamics, positioning it as a trusted partner in real estate. Notable achievements include consistent recognition for excellence in property management and a strong track record of delivering value to investors and communities alike.
DitchCarbon Score
How does Morguard'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
Morguard's score of 57 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Morguard's reported carbon emissions
In 2024, Morguard reported total carbon emissions of approximately 59,437,000 kg CO2e for Scope 1, 46,219,000 kg CO2e for Scope 2, and 12,781,000 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 62,614,000 kg CO2e in 2023, and a reduction in Scope 3 emissions from 14,367,000 kg CO2e in the same year. Over the past few years, Morguard's emissions have shown variability, with Scope 1 emissions peaking at 67,319,000 kg CO2e in 2022 and Scope 2 emissions reaching 52,776,000 kg CO2e in 2020. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Despite these figures, Morguard has not set specific reduction targets or initiatives as part of its climate commitments, nor has it participated in the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Morguard Corporation, which provides a broader context for its environmental performance. Morguard's commitment to sustainability is evident in its ongoing efforts to monitor and report emissions, although further action may be necessary to establish concrete reduction goals and initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 70,479,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 60,755,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 17,519,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Morguard's Industry?
How Carbon Intensive is Morguard's Location?
Morguard's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Morguard has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
