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Meritage Homes Corporation, commonly referred to as Meritage Homes, is a prominent player in the real estate services industry, headquartered in the United States. Founded in 1985, the company has established a strong presence across major operational regions, including Arizona, California, Texas, and Florida. Specialising in the construction of energy-efficient homes, Meritage Homes is renowned for its commitment to sustainability and innovative design, setting it apart in a competitive market.
With a focus on residential development, the company offers a diverse range of products, including single-family homes and master-planned communities. Meritage Homes has achieved notable milestones, such as being recognised for its eco-friendly building practices and earning numerous awards for design excellence. As a leader in the industry, Meritage Homes continues to shape the future of homebuilding with its dedication to quality and customer satisfaction.
-11 vs industry average
Meritage Homes’s score of 18 is lower than 34% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Meritage Homes, a US-based real estate services company, reported Scope 1 emissions of 5,129,000 kg CO2e, Scope 2 emissions of 7,933,000 kg CO2e, and Scope 3 emissions from the use of sold products of 710,737,000 kg CO2e for 2024. This marks a decrease in Scope 3 use of sold products emissions from 981,071,000 kg CO2e in 2023.
In 2023, the company reported Scope 1 emissions of 201,000 kg CO2e and Scope 2 emissions of 5,490,000 kg CO2e. For 2022, Meritage Homes's Scope 1 emissions were 127,000 kg CO2e, Scope 2 emissions were 5,432,000 kg CO2e, and Scope 3 emissions from the use of sold products were 1,005,508,000 kg CO2e.
Looking back to 2021, the company's Scope 1 emissions were 142,000 kg CO2e, Scope 2 emissions were 4,974,000 kg CO2e, and Scope 3 emissions from the use of sold products reached 1,716,141,000 kg CO2e. In 2020, Meritage Homes reported Scope 1 emissions of 86,000 kg CO2e, Scope 2 emissions of 5,816,000 kg CO2e, and Scope 3 emissions from the use of sold products of 1,652,529,000 kg CO2e.
In 2019, Meritage Homes's total reported emissions were approximately 2.68 billion kg CO2e, comprising Scope 1 emissions of 79,000 kg CO2e, Scope 2 emissions of 5,111,000 kg CO2e, and total Scope 3 emissions of approximately 2.67 billion kg CO2e. The Scope 3 breakdown included 3,995,000 kg CO2e from capital goods, 4,779,000 kg CO2e from business travel, 1,920,000 kg CO2e from employee commuting, 1,383,738,000 kg CO2e from the use of sold products, 1,266,017,000 kg CO2e from purchased goods and services, 8,212,000 kg CO2e from waste generated in operations, and 4,108,000 kg CO2e from fuel and energy-related activities.
Meritage Homes has not published any specific carbon reduction targets, Science Based Targets initiative (SBTi) commitments, or other climate pledges at this time.
No climate goals have been disclosed for Meritage Homes yet.
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