MERLIN Properties Annual Report 2022

MERLIN Properties | 95 • Total Like for Like GHG emissions intensity (tCO 2 eq/sqm). • Total absolute GHG emissions intensity (tCO 2 eq/sqm). 0.002 0.003 0.002 0.002 0.002 0.002 0.009 0.010 0.011 0.009 0.010 0.011 0.002 0.003 0.002 0.002 0.002 0.002 0.009 0.010 0.011 0.009 0.010 0.011 • Like for Like GHG Scope 2 emissions by asset category (tCO 2 eq). • Absolute GHG Scope 2 emissions by asset category (tCO 2 eq). 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 0.001 0.001 0.001 0.008 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 A 8% A 0% B 34% B 28% C 44% C 44% D 12% D 27% E 2% E 0% F 0% F 1% A 18% B 20% C 17% D 7% E 33% F 6% Offices Shopping centres Logistics 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 0.001 0.001 0.001 0.008 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 A 8% A 0% B 34% B 28% C 44% C 44% D 12% D 27% E 2% E 0% F 0% F 1% A 18% B 20% C 17% D 7% E 33% F 6% Offices Shopping centres Logistics Scope 2 GHG emissions in offices Scope 2 GHG emissions in shopping center Scope 2 GHG emissions in logistic assets SCOPE 3 GREENHOUSE GAS (GHG) EMISSIONS In line with its “Pathway to Net Zero” strategy, in 2022 the Company extended the calculation of its indirect scope 3 GHG emissions, those resulting from the Company’s activities at sources that are neither owned nor controlled by the Company. MERLIN therefore calculated its GHG emissions in the most relevant categories defined in the GHG Protocol based on the Group’s lines of business, as shown below. As a result of the updated criteria for calculating scope 1 and scope 2 emissions, MERLIN has established the following considerations for including indirect GHG emissions in its value chain for the calculation of scope 3 emissions: • Emissions associated with assets where MERLIN is a landlord: emissions from fuel consumption at fixed installations in offices used to air condition lessees’ private areas or at shopping centres where it is used to air condition leased premises. The use of this fuel, the control of its use, and the bills issued are paid by the lessees. • Emissions associated with assets in which the complete measurement of the energy consumed in the building is available in the invoice in the name of a Group company, where it is considered that 88% of such consumption corresponds to the tenants’ own co sumption for the development of their activity. • Emissions from the utilities of single- tenant assets held in MERLIN’s name.