- Water scarcity
- Drought conditions
- Climate-related hazards impacting operations
- Tenant emissions contributing substantially to overall environmental impact
- Embodied carbon in construction and renovations
The Macerich Company
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, The Macerich Company disclosed greenhouse gas emissions of 231.4K tCO2e/year. By scope: Scope 1: 28.5K tCO2e/year; Scope 2: 15.8K tCO2e/year; Scope 3: 187.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
231.4K tCO2e/year
2023
Renewable Energy
34%
of total energy
Water Usage
783.3M gallons/year
2023
Waste
49.5K tons/year
2023
Energy Use
538.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 28.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 15.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 187.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 34% of portfolio electricity consumption from clean or renewable resources
- 10% reduction in electricity consumption since 2021
- 5% reduction in market-based carbon emissions since 2021
- 54 million gallon reduction in water use since 2021
- 55% waste diversion rate achieved in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy use intensity by 25%
- Reduce water use intensity by 15%
📅 Medium-term
- Achieve 60% waste diversion rate by 2030
- Source 60% of portfolio energy from renewables by 2030
🔭 Long-term
- Achieve operational carbon neutrality by 2030
- Achieve net-zero operations by 2035
- Reach net-zero in supply chain by 2040
🌱 ESG Focus Areas
Environmental StewardshipEducation & EnrichmentSustainable & DEIB-Integrated OperationsMaking Space for AllResponsible Corporate Oversight