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.
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.
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.
Morguard's score of 19 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Morguard reported total carbon emissions of approximately 60,402,000 kg CO2e for Scope 1 and about 4,346,597,000 kg CO2e for Scope 2. This reflects a slight decrease in Scope 1 emissions from 63,919,000 kg CO2e in 2022 and a reduction in Scope 2 emissions from 4,617,455,000 kg CO2e in the same year. The company has consistently disclosed emissions data for Scope 1 and Scope 2 since 2021, with no data available for Scope 3 emissions. Morguard's emissions data is cascaded from its parent company, Morguard Corporation, which provides a comprehensive overview of the organisation's carbon footprint. Despite the absence of specific reduction targets or initiatives, the company is committed to monitoring and reporting its emissions as part of its sustainability efforts. Overall, Morguard's emissions reflect ongoing challenges in reducing carbon output, particularly in the context of its operational scale. The company continues to engage in industry-standard practices for emissions reporting, aligning with broader climate commitments within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 69,293,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 4,873,928,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - |
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.
Morguard 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.