Meritage Homes Corp
Meritage Homes's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Meritage Homes's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Meritage Homes amounted to 5,691 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Meritage Homes increased by 2.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Meritage Homes's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Meritage Homes's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Meritage Homes were 201 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Meritage Homes reduced its Scope 1 emissions over time?
Since 2019, Meritage Homes's Scope 1 emissions have increased by 154.43%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Meritage Homes's Scope 1 emissions increased by 58.27%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Meritage Homes's Scope 2 emissions?
In 2023, Meritage Homes reported Scope 2 greenhouse gas (GHG) emissions of 5,490 tCOâ‚‚e without specifying the calculation method.
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 decreased by 23.45%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Meritage Homes's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Meritage Homes 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Meritage Homes use for Scope 2 reporting?
In 2023, Meritage Homes reported its Scope 2 emissions using an unspecified methodology.
Meritage Homes's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Meritage Homes's Value Chain Emissions
In 2023, Meritage Homes reported 981,071 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Meritage Homes's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Meritage Homes's Scope 3 emissions?
In 2023, Meritage Homes reported total Scope 3 emissions of 981,071 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Meritage Homes reduced its Scope 3 emissions over time?
Since 2019, Meritage Homes's Scope 3 emissions have decreased by 27.68%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Meritage Homes's Scope 3 emissions remained relatively stable, indicating that Meritage Homes 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Meritage Homes disclose?
In 2023, Meritage Homes reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Meritage Homes's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 981,071 tCOâ‚‚e (100%)
Meritage Homes's Scope 3 Emissions by Categories
Insights into Meritage Homes's Total Carbon Footprint
In 2023, Meritage Homes reported a total carbon footprint of 986,762 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.4% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Meritage Homes's total carbon footprint was Scope 3 emissions, accounting for 99.42% of the company's total carbon footprint, followed by Scope 2 emissions at 0.56%.