MERLIN Properties SOCIMI SA

Common Name
MERLIN Properties SOCIMI
Country
Spain
Sector
Real Estate
Industry
REIT - Office
Employees
287
Ticker
MRL
Exchange
BOLSA DE MADRID
Description
Merlin Properties Socimi S.A. is a leading Spanish real estate investment trust (REIT) that focuses on acquiring, managing, and developing commercial properties. Specializing in high-quality office bu...

MERLIN Properties SOCIMI's GHG Emissions Data Preview

In 2023, MERLIN Properties SOCIMI 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, MERLIN Properties SOCIMI has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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
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Verified Sources Behind MERLIN Properties SOCIMI’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 MERLIN Properties SOCIMI’s data sources below and access millions more through our Disclosure Search.

a. MERLIN Properties SOCIMI's Non-financial report 2023
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b. MERLIN Properties SOCIMI's Financial Report 2022
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Insights into MERLIN Properties SOCIMI's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MERLIN Properties SOCIMI amounted to 10,762 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 2022, the total operational greenhouse gas (GHG) emissions of MERLIN Properties SOCIMI decreased by 24.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

MERLIN Properties SOCIMI's Scope 1 Emissions Over Time

202020212022202307001.4 k2.1 k2.8 ktCO2e+5%0%-9%
  • Total Scope 1
  • Year-over-Year Change

What are MERLIN Properties SOCIMI's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MERLIN Properties SOCIMI were 2,422 metric tons of CO₂ equivalent (tCO₂e). a

Has MERLIN Properties SOCIMI reduced its Scope 1 emissions over time?

Since 2020, MERLIN Properties SOCIMI's Scope 1 emissions have decreased by 4.68%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), MERLIN Properties SOCIMI's Scope 1 emissions decreased by 9.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are MERLIN Properties SOCIMI's Scope 2 emissions?

In 2023, MERLIN Properties SOCIMI reported Scope 2 greenhouse gas (GHG) emissions of 11 tCO₂e using the market-based method and 8,340 tCO₂e using the location-based method. a

Has MERLIN Properties SOCIMI reduced its Scope 2 emissions over time?

Since 2020, MERLIN Properties SOCIMI's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.49%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), MERLIN Properties SOCIMI's Scope 2 emissions (Location-Based) fell by 27.59% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does MERLIN Properties SOCIMI use for Scope 2 reporting?

In 2023, MERLIN Properties SOCIMI reported its Scope 2 emissions using the market-based method and using the location-based method. a

MERLIN Properties SOCIMI's Scope 2 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into MERLIN Properties SOCIMI's Value Chain Emissions

In 2023, MERLIN Properties SOCIMI reported 146,067 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 2023 disclosure of MERLIN Properties SOCIMI includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

MERLIN Properties SOCIMI's Scope 3 Emissions Over Time

202120222023040 k80 k120 k160 ktCO2e+27%+9%
  • Total Scope 3
  • Year-over-Year Change

What are MERLIN Properties SOCIMI's Scope 3 emissions?

In 2023, MERLIN Properties SOCIMI reported total Scope 3 emissions of 146,067 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), MERLIN Properties SOCIMI's Scope 3 emissions remained relatively stable, indicating that MERLIN Properties SOCIMI 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into MERLIN Properties SOCIMI's Total Carbon Footprint

In 2023, MERLIN Properties SOCIMI reported a total carbon footprint of 156,829 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.07% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to MERLIN Properties SOCIMI's total carbon footprint was Scope 3 emissions, accounting for 93.14% of the company's total carbon footprint, followed by Scope 2 emissions at 5.32%. a

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