Macerich Co
Macerich's GHG Emissions Data Preview
In 2024, Macerich completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Macerich has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Macerich’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Macerich’s data sources below and access millions more through our Disclosure Search.
Insights into Macerich's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Macerich amounted to 85,385 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Macerich increased by 17.51%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Macerich's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Macerich's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Macerich were 30,779 metric tons of CO₂ equivalent (tCO₂e). a
Has Macerich reduced its Scope 1 emissions over time?
Since 2018, Macerich's Scope 1 emissions have increased by 70.02%, reflecting a rising long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2023), Macerich's Scope 1 emissions increased by 8.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Macerich's Scope 2 emissions?
In 2024, Macerich reported Scope 2 greenhouse gas (GHG) emissions of 27,065 tCO₂e using the market-based method and 54,606 tCO₂e using the location-based method. a
Has Macerich reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Macerich's Scope 2 emissions (Location-Based) rose by 23.57% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b
What methodology does Macerich use for Scope 2 reporting?
In 2024, Macerich reported its Scope 2 emissions using the market-based method and using the location-based method. a
Macerich's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Macerich's Value Chain Emissions
In 2024, Macerich reported 163,607 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Macerich includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Macerich's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Macerich's Scope 3 emissions?
In 2024, Macerich reported total Scope 3 emissions of 163,607 metric tons of CO₂ equivalent (tCO₂e). a
Has Macerich reduced its Scope 3 emissions over time?
Since 2018, Macerich's Scope 3 emissions have increased by 11.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2023), Macerich's Scope 3 emissions decreased by 12.58%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
Insights into Macerich’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Macerich reported Scope 1 greenhouse gas (GHG) emissions of 30,779 tCO₂e and total revenues of USD 918 millions. This translates into an emissions intensity of 33.52 tCO₂e per millions USD. a
Macerich's Scope 1 Emissions Intensity Compared to Peers
How does Macerich's GHG emissions intensity compare to its peers?
In 2024, Macerich reported a Scope 1 emissions intensity of 33.52 tCO₂e per millions USD. Compared to the peer group median of 3.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Macerich rank on GHG emissions intensity within its industry?
In 2024, Macerich ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Macerich among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Macerich's Total Carbon Footprint
In 2024, Macerich reported a total carbon footprint of 248,992 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.17% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Macerich's total carbon footprint was Scope 3 emissions, accounting for 65.71% of the company's total carbon footprint, followed by Scope 2 emissions at 21.93%. a