Mercialys SA

Common Name
Mercialys
Country
France
Sector
Real Estate
Industry
REIT - Retail
Employees
174
Ticker
MERY
Exchange
EURONEXT
Description
Mercialys S.A. is a prominent real estate investment company based in France, specifically focused on retail property. It plays a critical role in the real estate market by specializing in the ownersh...

Mercialys's GHG Emissions Data Preview

In 2024, Mercialys 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).

Mercialys has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Mercialys’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 Mercialys’s data sources below and access millions more through our Disclosure Search.

a. Mercialys's Universal Registration Document (URD) 2024
a. Mercialys's Universal Registration Document (URD) 2024

Insights into Mercialys's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Mercialys amounted to 4,795 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 Mercialys decreased by 6.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Mercialys's Scope 1 Emissions Over Time

2020202120222023202405001 k1.5 k2 ktCO2e+17%+1%-29%-23%
  • Total Scope 1
  • Year-over-Year Change

What are Mercialys's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mercialys were 1,059 metric tons of CO₂ equivalent (tCO₂e). a

Has Mercialys reduced its Scope 1 emissions over time?

Since 2020, Mercialys's Scope 1 emissions have decreased by 34.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Mercialys's Scope 1 emissions decreased by 22.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Mercialys's Scope 2 emissions?

In 2024, Mercialys reported Scope 2 greenhouse gas (GHG) emissions of 2,960 tCO₂e using the market-based method and 3,736 tCO₂e using the location-based method. a

Has Mercialys reduced its Scope 2 emissions over time?

Since 2020, Mercialys's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 14.08%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Mercialys's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Mercialys 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Mercialys use for Scope 2 reporting?

In 2024, Mercialys reported its Scope 2 emissions using the market-based method and using the location-based method. a

Mercialys's Scope 2 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mercialys's Value Chain Emissions

In 2024, Mercialys reported 61,532 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 Mercialys includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Mercialys's Scope 3 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e-16%0%0%+36%
  • Total Scope 3
  • Year-over-Year Change

What are Mercialys's Scope 3 emissions?

In 2024, Mercialys reported total Scope 3 emissions of 61,532 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 26.28% of these emissions originated from upstream activities such as purchased goods and capital goods, while 73.72% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Mercialys reduced its Scope 3 emissions over time?

Since 2020, Mercialys's Scope 3 emissions have increased by 14.69%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Mercialys's Scope 3 emissions increased by 36.38%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Mercialys disclose?

In 2024, Mercialys reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Mercialys's Scope 3 emissions?

In 2024, the largest contributors to Mercialys's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 45,363 tCO₂e (73.72%)
  • Business Travel (Cat. 6): 7,831 tCO₂e (12.73%)
  • Purchased Goods and Services (Cat. 1): 7,087 tCO₂e (11.52%)

Mercialys's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(12.7%)Purchased Goods andServices (Cat. 1)(11.5%)Downstream LeasedAssets (Cat. 13)(73.7%)

Insights into Mercialys’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Mercialys reported Scope 1 greenhouse gas (GHG) emissions of 1,059 tCO₂e and total revenues of USD 230 millions. This translates into an emissions intensity of 4.6 tCO₂e per millions USD. a

Mercialys's Scope 1 Emissions Intensity Compared to Peers

2505005,000100,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)KlepierreYear: 2024Scope 1: 15,194 tCO2eRevenue: $M 1,565Scope 1 Intensity: 9.71 tCO2e/$MCarmilaYear: 2024Scope 1: 2,750 tCO2eRevenue: $M 528Scope 1 Intensity: 5.21 tCO2e/$MFonciere IneaYear: 2023Scope 1: 4 tCO2eRevenue: $M 75Scope 1 Intensity: 0.05 tCO2e/$MUnibail-Rodamco-WestfieldYear: 2024Scope 1: 14,917 tCO2eRevenue: $M 3,388Scope 1 Intensity: 4.40 tCO2e/$MSociete de la Tour EiffelYear: 2024Scope 1: 3,044 tCO2eRevenue: $M 82Scope 1 Intensity: 37.02 tCO2e/$MFrontier Real EstateYear: 2024Scope 1: 239 tCO2eRevenue: $M 156Scope 1 Intensity: 1.53 tCO2e/$MHammersonYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 163Scope 1 Intensity: 16.03 tCO2e/$MFirst Capital REITYear: 2024Scope 1: 10,531 tCO2eRevenue: $M 496Scope 1 Intensity: 21.23 tCO2e/$MJMFYear: 2024Scope 1: 4,988 tCO2eRevenue: $M 564Scope 1 Intensity: 8.84 tCO2e/$MVukile Property FundYear: 2023Scope 1: 1,068 tCO2eRevenue: $M 205Scope 1 Intensity: 5.21 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MHyprop InvestmentsYear: 2024Scope 1: 13,352 tCO2eRevenue: $M 247Scope 1 Intensity: 54.17 tCO2e/$MChoice PropertiesYear: 2024Scope 1: 5,150 tCO2eRevenue: $M 952Scope 1 Intensity: 5.41 tCO2e/$MFrasers Centrepoint TrustYear: 2023Scope 1: 27 tCO2eRevenue: $M 271Scope 1 Intensity: 0.10 tCO2e/$MSunway REITYear: 2023Scope 1: 14 tCO2eRevenue: $M 152Scope 1 Intensity: 0.09 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MFreyYear: 2024Scope 1: 202 tCO2eRevenue: $M 199Scope 1 Intensity: 1.01 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MMercialysYear: 2024Scope 1: 1,059 tCO2eRevenue: $M 230Scope 1 Intensity: 4.60 tCO2e/$M

How does Mercialys's GHG emissions intensity compare to its peers?

In 2024, Mercialys reported a Scope 1 emissions intensity of 4.6 tCO₂e per millions USD. Compared to the peer group median of 4.28 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Mercialys rank on GHG emissions intensity within its industry?

In 2024, Mercialys ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Mercialys is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Mercialys's Total Carbon Footprint

In 2024, Mercialys reported a total carbon footprint of 66,327 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Mercialys's total carbon footprint was Scope 3 emissions, accounting for 92.77% of the company's total carbon footprint, followed by Scope 2 emissions at 5.63%. a

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