Meritage Homes
Meritage Homes Corporation, commonly referred to as Meritage Homes, is a prominent player in the residential construction industry, headquartered in the United States. Founded in 1985, the company has established a strong presence in key operational regions, including Arizona, California, Texas, and Florida. Specialising in energy-efficient homes, Meritage Homes is renowned for its innovative designs and commitment to sustainability, offering a range of single-family homes and communities tailored to diverse lifestyles. The company has achieved significant milestones, including recognition for its eco-friendly building practices and customer satisfaction ratings. With a focus on quality and affordability, Meritage Homes has positioned itself as a leader in the market, consistently delivering homes that meet the evolving needs of modern buyers. Its dedication to excellence has earned numerous accolades, solidifying its reputation as a trusted name in homebuilding.
DitchCarbon Score
How does Meritage Homes'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
Meritage Homes's score of 24 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meritage Homes's reported carbon emissions
In 2023, Meritage Homes, headquartered in the US, reported total carbon emissions of approximately 1,000,000 kg CO2e from Scope 1 and 2, with Scope 1 emissions at 201,000 kg CO2e and Scope 2 emissions at 5,490,000 kg CO2e. The company’s Scope 3 emissions, specifically from the use of sold products, were significantly higher at about 981,071,000 kg CO2e. This indicates a substantial reliance on the lifecycle emissions of their products. In 2022, Meritage Homes recorded similar emissions, with Scope 1 at 127,000 kg CO2e, Scope 2 at 5,432,000 kg CO2e, and Scope 3 emissions from the use of sold products reaching approximately 1,843,742,000 kg CO2e. The total emissions for that year were about 5,559,000 kg CO2e for Scope 1 and 2 combined. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Meritage Homes. The absence of specific reduction initiatives or commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Meritage Homes's emissions data reflects the broader challenges faced by the construction and housing industry in addressing carbon footprints, particularly in Scope 3 emissions, which often dominate the total emissions profile.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 86,000 | 000,000 | 000,000 |
| Scope 2 | 5,816,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,652,529,000 | 0,000,000,000 | 0,000,000,000 |
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.
Meritage Homes 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.
