Meritage Homes Corp
Meritage Homes's GHG Emissions Data Preview
In 2024, Meritage Homes 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).
Meritage Homes has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Meritage Homes’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 Meritage Homes’s data sources below and access millions more through our Disclosure Search.
Insights into Meritage Homes's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Meritage Homes amounted to 13,062 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 Meritage Homes increased by 129.52%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Meritage Homes's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Meritage Homes's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Meritage Homes were 5,129 metric tons of CO₂ equivalent (tCO₂e). a
Has Meritage Homes reduced its Scope 1 emissions over time?
Since 2019, Meritage Homes's Scope 1 emissions have increased by 6,392.41%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Meritage Homes's Scope 1 emissions increased by 2,451.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Meritage Homes's Scope 2 emissions?
In 2024, Meritage Homes reported Scope 2 greenhouse gas (GHG) emissions of 7,933 tCO₂e without specifying the calculation method. a
Has Meritage Homes reduced its Scope 2 emissions over time?
Since 2019, Meritage Homes's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 10.61%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Meritage Homes's Scope 2 emissions (Unspecified Calculation Method) rose by 44.5% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Meritage Homes use for Scope 2 reporting?
In 2024, Meritage Homes reported its Scope 2 emissions using an unspecified methodology. a
Meritage Homes's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Meritage Homes's Value Chain Emissions
In 2024, Meritage Homes reported 710,737 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 Meritage Homes includes a breakdown across 1 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
Meritage Homes's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Meritage Homes's Scope 3 emissions?
In 2024, Meritage Homes reported total Scope 3 emissions of 710,737 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Meritage Homes reduced its Scope 3 emissions over time?
Since 2019, Meritage Homes's Scope 3 emissions have decreased by 47.61%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Meritage Homes's Scope 3 emissions decreased by 27.55%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Meritage Homes disclose?
In 2024, Meritage Homes reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Meritage Homes's Scope 3 emissions?
In 2024, the largest contributors to Meritage Homes's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 710,737 tCO₂e (100%)
Meritage Homes's Scope 3 Emissions by Categories
Insights into Meritage Homes’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Meritage Homes reported Scope 1 greenhouse gas (GHG) emissions of 5,129 tCO₂e and total revenues of USD 6,393 millions. This translates into an emissions intensity of 0.8 tCO₂e per millions USD. a
Meritage Homes's Scope 1 Emissions Intensity Compared to Peers
How does Meritage Homes's GHG emissions intensity compare to its peers?
In 2024, Meritage Homes reported a Scope 1 emissions intensity of 0.8 tCO₂e per millions USD. Compared to the peer group median of 2.16 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Meritage Homes rank on GHG emissions intensity within its industry?
In 2024, Meritage Homes ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Meritage Homes is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Meritage Homes's Total Carbon Footprint
In 2024, Meritage Homes reported a total carbon footprint of 723,799 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.65% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Meritage Homes's total carbon footprint was Scope 3 emissions, accounting for 98.2% of the company's total carbon footprint, followed by Scope 2 emissions at 1.1%. a