MERLIN Properties Annual Report 2023

MERLIN Properties | 95 Carbon footprint certification MERLIN's calculation of its Scope 1 and Scope 2 carbon footprint is verified by an independent third party as required by the UNE EN ISO 14064-3:2012 Greenhouse Gases standard. The Group reports all greenhouse gas emissions and removals attributable to operations under its control, where applicable together with its shareholdings in the relevant facilities, in accordance with the GHG Protocol. MERLIN mitigates its emissions through carbon offset projects based on its gross footprint. These projects include creating orchards and vertical gardens at certain assets and reforestation initiatives. Ultimately, MERLIN offsets the emissions at some of its assets by acquiring removal credits or offsets from certified carbon emissions reduction projects. This takes the form of obtaining carbon offset certificates. The verified emissions data for the organisation in 2022 (latest year available to date) are listed below: Total Emissions 3,028.32 t CO 2 e Avoided Emissions 20,856.68 t CO 2 e Offset Emissions 904.48 t CO 2 e