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 30 is higher than 82% 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, with Scope 1 emissions at about 60,402,000 kg CO2e and Scope 2 emissions at approximately 43,221,000 kg CO2e. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to tracking its carbon footprint. In previous years, Morguard's emissions were also substantial, with 2022 emissions reaching around 34,393,000 kg CO2e, comprising approximately 23,369,000 kg CO2e from Scope 1 and about 19,372,000 kg CO2e from Scope 2. The 2021 figures showed a total of about 30,419,000 kg CO2e, with Scope 1 emissions at approximately 21,636,000 kg CO2e and Scope 2 at around 17,189,000 kg CO2e. Despite these figures, Morguard has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in its sustainability strategy. The absence of documented reduction targets suggests that while the company is actively measuring its emissions, it may not yet have formalised a strategy for reducing its carbon footprint in line with industry standards.
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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.
