MERLIN Properties Annual Report 2022

94 | Annual report | 2022 • Like for Like GHG emissions (tCO 2 eq) and Like for Like GHG emissions intensity (tCO 2 eq/sqm) by aset category. • Absolute GHG emissions (tCO 2 eq) and Like for Like GHG emissions intensity (tCO 2 eq/sqm) by aset category. 6,467 5,394 83 7,428 5,545 78 8,130 5,943 94 11,944 13,051 14,167 6,722 5,394 657 7,805 6,567 1,452 8,894 6,690 1,625 12,773 15,824 17,209 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 0.009 0.010 0.011 0.012 0.012 0.013 0.001 0.001 0.001 0.008 0.009 0.011 0.012 0.013 0.013 0.004 0.008 0.007 5,317 4,126 78 5,958 4,432 78 6,780 4,748 94 9,521 10,468 11,622 5,454 4,126 653 6,242 5,455 1,452 7,420 5,495 1,625 10,232 13,148 14,540 6,467 5,394 83 7,428 5,545 78 8,130 5,943 94 11,944 13,051 14,167 6,722 5,394 657 7,805 6,567 1,452 8,894 6,690 1,625 12,773 15,824 17,209 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 0.009 0.010 0.011 0.012 0.012 0.013 0.001 0.001 0.001 0.008 0.009 0.011 0.012 0.013 0.013 0.004 0.008 0.007 5,317 4,126 78 5,958 4,432 78 6,780 4,748 94 9,521 10,468 11,622 5,454 4,126 653 6,242 5,455 1,452 7,420 5,495 1,625 10,232 13,148 14,540 6,467 5,394 83 7,428 5,545 78 8,130 5,943 94 11,944 13,051 14,167 6,722 5,394 657 7,805 6,567 1,452 8,894 6,690 1,625 12,773 15,824 17,209 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 0.009 0.010 0.011 0.012 0.012 0.013 0.001 0.001 0.001 0.008 0.009 0.011 0.012 0.013 0.013 0.004 0.008 0.007 5,317 4,126 78 5,958 4,432 78 6,780 4,748 94 9,521 10,468 11,622 5,454 4,126 653 6,242 5,455 1,452 7,420 5,495 1,625 10,232 13,148 14,540 6,467 5,394 83 7,428 5,545 78 8,130 5,943 94 11,944 13,051 14,167 6,722 5,394 657 7,805 6,567 1,4 2 8,894 6,690 1,625 12,773 15,824 17,209 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 0.009 0.010 0.011 0.012 0.012 0.013 0.001 0.001 0.001 0.008 0.009 0.011 0.012 0.013 0.013 0.004 0.008 0.007 5,317 4,126 78 5,958 4,432 78 6,780 4,748 94 9,521 10,468 11,622 5,454 4,126 653 6,242 5,455 1,452 7,420 5,495 1,625 10,232 13,148 14,540 GHG emissions in offices GHG emissions in shopping centers GHG emissions in logistic assets (1) Includes fuel consumption and refrigerant gas recharges. (2) Includes electricity consumption and district heating & cooling. (3) Given that, in both methods, Scope 1 emissions have been calculated considering the factors recommended by the Spanish Ministry of Ecological Transition and Demographic Challenge (MITERD), this section does not include Scope 1 data, already reported under the market-based approach. (4) The scope 1 and scope 2 GHG emissions reported below are for assets over which MERLIN exercises operational control. The total surface area of the assets has been considered in the calculation of energy intensity, except in those cases where MERLIN only has control over the management of consumption in the common areas, in which case only the surface area of these common areas is considered. GHG emissions at assets over which MERLIN exercises operational control (location-based) KPIs - Scope 1 (3) and scope 2 greenhouse gas (ghg) emissions at merlin’s assets under operational control (4) Taking a location-based calculation approach and considering the like-for-like portfolio, the sum of scope 1 and scope 2 GHG emissions was 14,167 tCO 2 eq, 8.6% more than in 2021. Looking at the portfolio in absolute terms, the sum of scope 1 and scope 2 location-based GHG emissions was 17,210 tCO 2 eq, 8.8% more than in 2021. Broken down by scope, 2,670 tCO 2 eq correspond to scope 1 emissions (1) and the remaining 14,540 tCO 2 eq to scope 2 emissions (2) .

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