Morguard Sustainability Profile
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 57 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 2024, Morguard reported total carbon emissions of approximately 127,810,000 kg CO2e, comprising 59,437,000 kg CO2e from Scope 1, 46,219,000 kg CO2e from Scope 2, and 12,781,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease from 2023, where total emissions were approximately 143,670,000 kg CO2e, with Scope 1 at 62,614,000 kg CO2e, Scope 2 at 46,885,000 kg CO2e, and Scope 3 at 14,367,000 kg CO2e. Morguard's emissions data is cascaded from its parent company, Morguard Corporation, which provides a comprehensive overview of its carbon footprint. Despite the detailed emissions reporting, Morguard has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets indicates a need for further development in their sustainability strategy. Overall, Morguard's emissions reflect its operational impact, and the company is positioned to enhance its climate commitments in alignment with industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 70,479,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 60,755,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 17,519,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Morguard's Industry?
How Carbon Intensive is Morguard's Location?
Morguard's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Morguard has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
