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.
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.
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.
Morguard's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Morguard reported total carbon emissions of approximately 60,402,000 kg CO2e for Scope 1 and about 4,346,597,000 kg CO2e for Scope 2. This reflects a slight decrease in Scope 1 emissions from 63,919,000 kg CO2e in 2022 and a reduction in Scope 2 emissions from 4,617,455,000 kg CO2e in the same year. The company has consistently disclosed emissions data for Scope 1 and Scope 2 since 2019, with no data available for Scope 3 emissions. Morguard's emissions data is cascaded from its parent company, Morguard Corporation, which provides a comprehensive overview of the organisation's carbon footprint. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for improvement in their sustainability strategy. Overall, Morguard's commitment to transparency in emissions reporting is evident, but the absence of defined reduction initiatives suggests a need for more robust climate action plans to align with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 69,293,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 4,873,928,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - |
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.