Morguard
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 24 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 2023, Morguard reported significant carbon emissions, totalling approximately 60,402,000 kg CO2e for Scope 1 and 43,221,000 kg CO2e for Scope 2. This data highlights the company's ongoing impact on climate change, with a combined total of about 103,623,000 kg CO2e from these two scopes. However, there is no disclosed data for Scope 3 emissions. Morguard has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised a comprehensive plan to mitigate its carbon footprint. Overall, Morguard's emissions data underscores the importance of establishing clear climate goals and reduction strategies to align with industry standards and contribute to global efforts in combating climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 25,024,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 24,630,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,767,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
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.
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.
