Macerich Co

Common Name
Macerich
Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
615
Ticker
MAC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
The Macerich Company is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of shopping centers throughout the United States. As one of the leading owners ...

Macerich Energy Data Preview

In 2023, Macerich disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Macerich also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Macerich also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Macerich also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Macerich's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Macerich’s Energy Management Data

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a. Macerich's ESG Report 2023
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Insights into Macerich's Energy Renewability

In 2023, Macerich consumed a total of 1.67 million Gigajoules of energy across its operations. Of this total, 7.88% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 92.12% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Macerich's Energy Renewability Rate

8%

How much of Macerich's energy consumed is renewable?

In 2023, Macerich consumed a total of 1.67 million Gigajoules of energy, of which 7.88% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Macerich has considerable room to improve its energy sustainability strategy.

Insights into Macerich's Energy Consumption & Production Mix

In 2023, Macerich disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Macerich's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Macerich's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(78.2%)Solar Energy(7.9%)Other Sources(6.7%)

What are the main sources and generation technologies behind Macerich's energy consumption?

In 2023, Macerich's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (78.19%)
  • Solar Energy (7.88%)
  • Other Sources (6.66%)

How diverse is Macerich’s energy consumption mix?

In 2023, Macerich consumed energy from 7 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 78.19% of total consumption. a

What are the main sources or generation technologies used by Macerich to produce energy?

In 2023, Macerich's energy production came primarily from a

  • Solar Energy (54.18%)
  • Other Sources (45.82%)

How diverse is Macerich’s energy production mix?

In 2023, Macerich produced energy using 2 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Solar Energy (54.18%). a

Macerich's Energy Produced by Sources and Technologies

Solar Energy(54.2%)Other Sources(45.8%)

Insights into Macerich's Energy Inflows & Self-Sufficiency

In 2023, Macerich reported total energy inflows of 1.67 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.43 million Gigajoules purchased from external suppliers and 243,160.6 Gigajoules generated through internal production. This corresponds to a production share of 14.54%. a

Macerich's Energy Purchased vs Produced Over Time

20230450 k900 k1.35 M1.8 MGigajoules (GJ)15%85%
  • Total Energy Produced
  • Total Energy Purchased
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