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 27 is higher than 74% 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 2020, Morguard reported carbon emissions of approximately 29,026,000 kg CO2e for Scope 1 and 4,826,000 kg CO2e for Scope 2 in Canada. The total emissions for the same year globally were about 31,876,000 kg CO2e, with Scope 1 emissions at approximately 22,567,000 kg CO2e, Scope 2 at about 21,742,000 kg CO2e, and Scope 3 at around 3,982,000 kg CO2e. For 2021 and 2022, Morguard did not disclose specific emissions data for Canada, indicating a lack of reported figures for those years. However, in 2023, emissions data remains undisclosed. Morguard has not set specific reduction targets or initiatives as per the available data, and there are no climate pledges noted. The company appears to be in the early stages of formalising its climate commitments, as indicated by the absence of documented reduction targets. Overall, Morguard's emissions data highlights a significant reliance on fossil fuels, particularly natural gas, and electricity, which are critical areas for potential future emissions reduction strategies.
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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.
