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 33 is higher than 90% 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 2023, Morguard reported significant carbon emissions, totalling approximately 4,346,597,000 kg CO2e for Scope 1, 4,390,000 kg CO2e for Scope 2, and 24,839,000 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 2022, where they were about 4,617,455,000 kg CO2e, while Scope 2 emissions also saw a minor increase from 3,983,000 kg CO2e in 2022. The Scope 3 emissions decreased from approximately 25,494,000 kg CO2e in 2022. Morguard has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that while they are actively measuring their emissions across all scopes, they may not yet have formalised strategies for reducing their carbon footprint. This context highlights the importance of ongoing monitoring and potential future commitments to align with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 25,024,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 24,630,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,767,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
